Embracing the New Frontier for Dogecoin: The Upcoming Launch of .doge Domain
Dogecoin, the pioneering Memecoin, boasts a large, global community. As of July 19, its market cap stood at $9.76 billion per CoinGecko data, a figure promising growth potential when compared to Bitcoin’s $584.65 billion and Ethereum’s $229.93 billion.
We joyfully announce an exciting new digital era for Dogecoin with the imminent launch of the revolutionary omnichain .doge domain, expanding its reach and influence.
The primary goal of providing the .doge extension in Web3 is to offer the first omnichain human-readable naming service to the Memecoin ecosystem. Star Protocol not only deploys the services on EVM compatible chains (Ethereum, Polygon, zkSync, Linea, Base and other blockchain platforms), but also on the DRC-20 ecosystem.
The Highly Promising DRC-20 Ecosystem
Built upon the Dogecoin community, the DRC-20 standard offers a user-friendly and cost-efficient environment. It enables developers to deploy, mint, and transfer DRC-20 tokens, and has garnered majority consensus among community members. Prior to the introduction of DRC-20 on 9th May, the average daily transaction volume of Dogecoin was 20 thousand. However, from 22nd May to 16th June, the volume spiked, surpassing Litecoin and Bitcoin and peaking at 2.2 million on 13th June. Even after a month-long acclimatization period, the network activity remains high in July.
Elon Musk believes Dogecoin has the potential for greater daily transactions than Bitcoin, given improved infrastructure and innovative applications. This ensures robust network activity in the DOGE ecosystem and secures its value.
The Power of a .doge Domain
Owning a .doge domain allows individuals to personalize their online presence. The unique and memorable domain aligns with personal brand and establishes a distinctive internet presence signifying their connection to Dogecoin.
A .doge domain serves as a powerful promotional tool for individuals in the Dogecoin community. It establishes a clear association with Dogecoin-related content, facilitating attraction and engagement with like-minded individuals, enthusiasts, or potential customers who share an interest in Dogecoin-related topics.
Additionally, a .doge domain seamlessly integrates with blockchain-based functionalities, including accepting Dogecoin payments and facilitating decentralized trading and exchanges, enhancing the overall user experience and utility.
With omnichain Capabilities, the .doge domain holders will not be limited to one significant blockchain. It is designed to operate across multiple chains, providing a truly decentralized experience. This allows for a wider reach and more robust functionalities, including support for direct Dogecoin transactions.
Star will soon launch .doge naming service in the near future. Whether you’re a Dogecoin enthusiast, or a tech-savvy Internet user passionate about digital currencies, we warmly welcome you to be a part of the .doge domain revolution. Let’s witness together how the .doge domain paves the way for a new era of cryptocurrency!
Stay tuned for more exciting updates about the launch of the .doge domain. Don’t miss out on any crucial information related to this groundbreaking event.
The future is ours. The future is .doge domain!
