Dogecoin Set to Launch Another Major Project, Here Are Details

Doge

Dogecoin’s upcoming major project, “Libdogecoin 0.1,” set for release

As shared by developer Dogecoin Michi LuminLibdogecoin, which refers to the cornerstone of creating Dogecoin projects, may soon launch in v0.1.

In recent months, the Dogecoin team has focused on providing the groundwork for RadioDoge, Gigawallet, as well as many future projects through the first phase of Libdogecoin. In April, U.Today reported the first Dogecoin transaction sent without the internet via RadioDOGE, marking a historic moment for the meme cryptocurrency.

RadioDoge is focused on using low-cost radio technology (HF/LoRaWAN), combined with the global Starlink satellite network, to provide cheap, large-scale access to Dogecoin to people who live beyond the reach of infrastructure. Regular internet. This will allow Dogecoin to be able to transact without using the internet.

By integrating a noncustodial wallet with the Dogecoin network, GigaWallet aims to provide a publicly available drop-in solution for internet-based trade and tipping.

The projects, Gigawallet and RadioDoge, aim to bring the Dogecoin ecosystem to a ready state for rapid popular adoption, citing the fact that 1.7 billion people worldwide are unbanked. The mission of the Dogecoin Foundation is to see Dogecoin become the de facto means of exchanging goods and services globally.

Dogecoin price action

The cryptomarket’s slump intensified on Monday, with the majority of crypto assets setting fresh yearly lows. Dogecoin plunged to a low of $0.049 before rebounding slightly. At the time of publication, DOGE was changing hands at $0.055, up 3% in the last 24 hours.

Billy Markus, also known as “Shibetoshi Nakamoto”, the co-founder of Dogecoin, said while offering advice to cryptocurrency investors looking to buy dips during bear markets: “What’s the best thing which to invest in during a bear market? Bear market, bull market, the answer is always the same. yourself. learn marketable skills.”

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