Why This Penny Cryptocurrency Could Crush Dogecoin
By now, you've probably heard of Dogecoin (CRYPTO: DOGE), the meme-inspired cryptocurrency that skyrocketed 12,000% over the past year. Those life-changing gains have captured the interest of investors, and the hunt is on for the next moonshot.
To that end, Oxen -- formerly known as Loki -- currently trades at $0.84 per token, and it has a market value of just $46 million. Notably, Oxen offers far greater utility than Dogecoin, which could help it gain traction. Here's what investors should know.
Oxen tokens are the currency of the Oxen blockchain, a network that supports anonymous communications and transactions over the internet. To understand exactly what that means, let's backtrack and start with Bitcoin.
Source Fool.com