Dogecoin’s main reason to skyrocket is that Developers of Doge are planning to bring the smart contract into dogecoin. Basically, Smart contracts are the contracts between two parties that are completely handled by computerized protocols. As we can see, people tend to incline more toward the cryptocurrency that has smart contracts. Smart Contract will allow users to gain passive income by cutting the middle man out. Dogecoin was started as a joke but bringing smart contracts might legitimize it even more.
Slowly but surely Dogecoin is gaining popularity and being socially accepted. If we talk about the social community of DogeCoin, it has the biggest community compare to any other cryptocurrency.
This whole thing started when YouTuber Matt Wallance talked about smart contracts on his main channel. He stated that he had a small talk with the developer of DogeCoin and they told him about bringing smart contracts into DogeCoin.
It has been 3 days since the Doge started going down. But, there’s not a single thing to worry about. In this state of time, patience might pay off. It won’t go lower than this. What are your investments in DogeCoin? What do you think of Smart Contract in DogeCoin? Let us know by leaving a comment down below!