Dogecoin Labs Pushes to Give DOGE Real-World Utility Beyond Meme Status
Photo: TheCoinrise
The development arm behind Dogecoin says it is building economic infrastructure tied to the coin's long-running $1 price goal. Dogecoin Labs, the organization tied to development work on the Dogecoin network, has signaled an effort to expand the coin's purpose beyond its meme-driven reputation. Reporting from CryptoPotato and BeInCrypto indicates the group wants to build economic activity and infrastructure around DOGE, rather than leave it as a purely speculative asset. Dogecoin launched in 2013 as a joke based on the Shiba Inu "Doge" internet meme.
Source: TheCoinrise
