It is hard to believe that a coin that started as a joke would generate such a following. It is even harder to believe that it would become such an increasingly important part of the gambling industry (Check out our Dogecoin Dice article). Dogecoin gambling has been rising in importance, mainly due to the popularity of the coin and its inherent characteristics. More and more Dogecoin casinos are appearing all the time.
Dogecoin gambling was bound to develop due to the currency’s characteristics. Dogecoin is an extremely light coin in every sense of the word. Its transactions are fast due to its 58 block per hour mining rate and its transactions fees are extremely low. Moreover, Dogecoin does not have a maximum coin supply like Bitcoin or Litecoin do. This makes it a great currency for cryptocurrency casinos to operate with.
Additionally, its popularity makes it a perennial top 50 cryptocurrency with a well-established reputation. The community behind Dogecoin is also strong, generating demand for services that are denominated in Dogecoin. A tightly knit community of supporters also means that news about a new Dogecoin casino, for instance, will go around fast. With this, there is always an increase in jackpot potential.
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As more brands jump on the Dogecoin gambling bandwagon, this list will grow. It already includes some of the leading brands in the industry, and more are expected to join as the Dogecoin community grows and becomes more important.