Dogecoin is a cryptocurrency invented by software engineers Billy Markus and Jackson Palmer, who decided to build an instant, fun, and traditional banking fee-free payment system.

Until recently, no one took Dogecoin seriously, which was launched as a joke after Bitcoin in 2013. That's why DOGE never had a roadmap. Markus statement is a first for DOGE.

Dogecoin developers aim to turn it into a decentralized currency managed by “shepherds rather than rulers”. It plans to turn it into a currency that can actually be used in the future, even for the purchase of very basic things like coffee or grocery shopping in any corner of the world.

Shibetoshi Nakamoto Twitter

DOGE co-founder Billy Markus made the following statements.

   "Our roadmap: it reminds me of the denarius currency circulating in the Roman empire. Real coin that can be spent in any corner of the empire. According to us developers, this is DOGE's new and real purpose. High adoption and real utility."

Thus, to begin with, the website will be completely redesigned. Additionally, the DOGE roadmap includes eight new projects that will help drive Dogecoin-related adoption.

   "We're not giving up on being useful to the Dogecoin foundation. It's as valuable as adoption, so doge comes first."

According to the document, along with the renewal of the site, eight projects are claimed to be implemented gradually and will contribute decisively to Doge's success. Among them will be projects such as Libdogecoin and GigaWallet.

Libdogecoin will be a full implementation of Dogecoin Protocols that anyone can use to create their own DOGE compliant product. GigaWallet will enable developers to add DOGE payments to their apps via an API solution.

Dogecoin Latest Status

The past day, Dogecoin price managed to surpass the 23.6% Fibonacci resistance. Altcoin bulls gained more strength after Elon Musk again took a supportive stance for Dogecoin. Considering the uptrend on the volume oscillator, DOGE price may find a support point on the trendline (yellow). Despite this, the analyst pointed out that recent bearish volumes are more than recent bullish volumes. In case of a further decline in DOGE price, the altcoin's price may receive support from the 20-SMA (blue) value.