The software engineer who co-founded DOGE along with Jackson Palmer in 2013, Billy Markus has recently suggested two things that will help DOGEcoin gain its popularity back and get into action.
Dogecoin will help become a more widely used cryptocurrency and attract more users to the ecosystem.
According to Marcus, Dogecoin will improve when the bridge between DOGE and Ethereum is completed.
Second, the most popular meme cryptocurrency requires platforms that apply non-fungal tokens (NFT) such as OpenSea, which agree to accept as the most favorable doge coin-based payment.
Now, there is a high demand for NFTs in the crypto community, Marcus tweeted, using the crypto used to buy them and using the dog for NFT purchases to become a high-value currency.
As previously reported on September 2, Ethereum, co-founder of the second-largest blockchain platform, tweeted that he hoped the dogecoin proof-of-stake (PoS) consensus algorithm would change. Ethereum code is used to do this. However, he acknowledged that their numbers were not enough to defeat Doge’s annual budget of five billion coins.
In addition, Buterin commented that the co-founders of Dogecoin could bring large-scale emissions of DOGE to any kind of DAO-based technology.
As said previously Vitalik Buterin joined the advisory board of Dogecoin soon after that happened, his father, Dmitry Buterin, tweeted that having Vitalik on the board would turn the doge into a good currency in the coming times.