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Markets · Investing · Business
Finance
Dogecoin Will Soon Get an Upgrade. Can It Beat Shiba Inu?
Shiba Inu has long been able to do what Dogecoin could soon do if one of its planned upgrades goes live.
Dogecoin(CRYPTO: DOGE) is about to become significantly more capable, at least in theory. On Sept. 30, an independent project called DogeOS launched a testnet (like a beta test for a blockchain) for a new Layer-2 (L2) network that's equipped to handle smart contracts, and that settles its transactions back to the Dogecoin main network, incurring transaction fees payable in DOGE crypto in the process.
That marks the biggest shake-up to Dogecoin and its ecosystem in years -- but will that be enough to help it outcompete Shiba Inu(CRYPTO: SHIB), the next-largest meme coin, for good?
Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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