“Dogecoin Is The New Dogecoin,” says the Doge Team

0
160
Dogecoin

Dogecoin’s developers have created a new and improved website for the coin.

DOGE is renowned as the first meme coin, attracting massive attention and a cult-like following thanks to various crypto characters posting memes and catchy doggy phrases about it. In fact, DOGE has managed to entice even the wealthiest people in space, including Tesla CEO Elon Musk.

As a result, DOGE can be described as the most successful meme coin, even as Shiba Inu attempts to market themselves as “Dogecoin killers.”

Dogecoin Site Launched

The official Dogecoin Twitter handle announced the launch of the upgraded Dogecoin website.

Read also: Dogecoin Founder Billy Markus Does Not Know How Much DOGE Will Be Worth In The Future

The fans were ecstatic, as expected. However, the website reveals that DOGE supporters are adamant about marketing the coin as the “people’s cryptocurrency.”

The Dogecoin website begins with a cute image of a Doggo and quickly defines the coin as an open source, peer-to-peer cryptosystem. Following a FAQ section that answers frequently asked questions, the DOGE community cherishes one unofficial tagline: “Do Only Good Everyday.”

Elon Musk and Doge

Elon Musk has stated that he prefers Dogecoin to Bitcoin due to its low carbon footprint. According to Elon, Dogecoin is also more scalable because he is a big fan rather than the father of Dogecoin.

Related article: Dogecoin Co-Founder Wonders Why People Freak Out When Investors Sell Bitcoin

Elon Musk has been attempting to bring together various supporters and developers to chart the course for Dogecoin to increase its utility and value. On numerous occasions, Elon Musk has been accused of promoting Dogecoin while criticizing others. Tesla recently sold off over 75% of its BTC holdings. At the same time, Elon added No Dogecoin Was Sold, implying that he was serious about his more profound love for DOGE than BTC.

DOGE’s Prospects

While Dogecoin is part of the larger crypto industry, which is known to be volatile, its market position appears to improve as long as people like Elon Musk and the developer team are on board. These organizations work to implement the Dogecoin manifesto, which promises to make the coin more useful, personable, welcoming, and reliable.