Dogecoin updates LibDogecoin, integrates DOGE with multiple platforms

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2022-08-06 08:17:42

The team behind the DogeCoin meme has just released libdogecoin – an update that is seen as laying the foundation for the future of the coin.

Yesterday (August 5), developer Michi Lumin posted a posts on his personal Twitter, mentioning that DogeCoin Foundation The latest update has been released Libdogecoin.

“After months, many sleepless nights, and one failed launch, #Libdogecoin v0.1 is now ready.”

What is Libdogecoin?

A brief explanation about Libdogecoin then this function allows direct integration of DogeCoin into many different platforms. Although Libdogecoin works remotely, it is designed to work even if users do not have much in-depth blockchain knowledge.

Simpler, no need for technical knowledge and complicated operation on the protocol, but you can easily create a product based on DogeCoin’s standards.

The product supports many different languages. However, the development team also added that Libdogecoin v0.1 is simply a pure library, not yet capable of operating a node.

What role does Libdogecoin play for DogeCoin?

The completion of Libdogecoin can be said to be the “key” to the operation of DogeCoin, as it is the center of future products. Large projects with the participation of Libdogecoin such as RadioDoge, GigaWallet.

Libdogecoin and these projects aim to make DOGE a medium of exchange for goods and services globally.

DogeCoin in its current position

With a total market capitalization of over $9 billion, DogeCoin currently maintains its position as the leading memecoin in the crypto industry. DOGE’s all-time high is $0.7, set in May 2021.

DogeCoin’s sudden breakthrough has led to the birth of many other memecoins, such as Shiba Inu. Despite market volatility and increasing competition, DOGE remains the investment choice of many.

Since its launch, DogeCoin has continuously shown remarkable strides. After being included in the payment system of The Boring Company and vehicles by Elon Musk, DOGE has updated to improve the security of the software, increase efficiency and interface at the end of July.

At press time, DOGE is up more than 1% in the last 24 hours along with the entire crypto market seeing a slight recovery.

DOGE/USDT 1-hour chart at 7:30 PM on 08/06/2022
DOGE/USDT 1-hour chart at 7:30 PM on 08/06/2022

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