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Dogecoin Ignites New Interest: Justin Sun Praises DOGE Growth as Foundation Launches Game-Changing Dogebox

Thu, 14 Nov 2024, 03:18 am UTC

Dogecoin Foundation’s Dogebox launch sparks new interest, praised by Tron’s Justin Sun. Credit: EconoTimes

Dogecoin's latest project, Dogebox, is stirring renewed excitement across the crypto world, allowing users to run full DOGE nodes independently. As the Dogecoin Foundation rolls out this innovation, Tron’s Justin Sun is taking note, emphasizing DOGE’s growing momentum and community-driven appeal.

Dogecoin Foundation Issues Important Reminder to Community

An important reminder has been posted to the DOGE community by the Dogecoin Foundation account on the X social media network. The account also reveals what the foundation is currently working on.

At the same time, Justin Sun, creator of the Tron blockchain, offered a thought-provoking observation regarding recent Dogecoin activity, U.Today reports.

Dogecoin’s Open-Source, Volunteer-Driven Roots

Dogecoin, according to the foundation, is an open-source initiative built entirely by volunteers and based on the Bitcoin code. Only a handful of dedicated individuals work for the Dogecoin Foundation as core developers or contributors.

Funding was another topic addressed in the post. Donations are the only source of funding for the DOGE Foundation, according to the tweet. But hey, it "takes care of some of the infrastructure supporting Dogecoin."

Infrastructure Development: libdogecoin and Gigawallet Projects

The foundation oversees the Dogecoin network and "makes it easier to interact with and build upon DOGE" with initiatives like libdogecoin and Gigawallet, among other things.

Team members from the Dogecoin Foundation are now "working hard" on Dogebox. Users are able to accept DOGE, host their own full Dogecoin nodes, and create solutions on top of this network.

DOGE’s Journey from Meme to Heart of the Crypto Community

In addition, the tweet served as a reminder to the DOGE army and the entire cryptocurrency community that the meme coin DOGE "became the good (light) heart of the crypto community" after initially beginning as a joke and a spoof of Bitcoin.

The tweet states that it happened "without any kind of pre-allocation or IPO, DOGE is truly a people's currency where everyone can contribute," in contrast to other cryptocurrencies such as Ethereum.

Justin Sun’s Reaction to Elon Musk’s DOGE-Driven Initiative

In light of the current situation with Elon Musk and DOGE, the creator of Tron made an interesting observation.

As someone who has been around since the beginning of the DOGE community, he was shocked to discover a new US government agency rebranded as the D.O.G.E. (the Department of Government Efficiency), an acronym created by Elon Musk, the current leader of the initiative.

When Sun talked about Elon Musk's idea, he said, it “makes me feel like we're living in a giant simulation. Nothing is impossible!”

TokenPost | [email protected]

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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