{"id":507584,"date":"2022-10-24T12:47:16","date_gmt":"2022-10-24T12:47:16","guid":{"rendered":"https:\/\/wncen.com\/?p=507584"},"modified":"2022-10-24T12:47:16","modified_gmt":"2022-10-24T12:47:16","slug":"dogechain-dc-notches-200-hike-in-trading-value","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogechain-dc-notches-200-hike-in-trading-value\/","title":{"rendered":"Dogechain (DC) Notches 200% Hike In Trading Value In The Past Week"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Dogechain (DC), a recently introduced cryptocurrency, is posting big numbers in terms of gains since being added to the ever-growing family of the crypto space.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Dogechain trading volume spikes to over $50 million in just two weeks<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">DC price surges to $0.0045 before experiencing correction<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Dogechain blockchain looks to build up Dogecoin<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">At press time, according to tracking from <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogechain\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Coingecko<\/span><\/a><span style=\"font-weight: 400\">, the layer 2 digital asset is trading at $0.001433. Over the past 24 hours, it has grown by 18.5%.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/cosmos-in-a-downtrend-since-last-2-months\/\" target=\"_blank\" rel=\"noopener \">Cosmos In A Downtrend Since Last 2 Months \u2013 Investors Shying Away From ATOM?<\/a><\/div>\n<p>&nbsp;<\/p>\n<pre style=\"text-align: center\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-507585 size-large\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/10\/c1-37.png?resize=860%2C616\" alt=\"\" width=\"860\" height=\"616\"><span style=\"font-weight: 400\">Source: Coingecko<\/span><\/pre>\n<p><span style=\"font-weight: 400\">Its growth on weekly, biweekly and monthly basis are also off the charts, going up by 176.8% during the last seven days and 141.3% over the last two weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On its month-to-date figures, <\/span><a href=\"https:\/\/stockhead.com.au\/cryptocurrency\/mooners-and-shakers-dogechain-pumps-250-over-past-week-is-bitcoin-finally-awake\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Dogechain<\/span><\/a><span style=\"font-weight: 400\"> is up by 79% as it now sits on a market capitalization of almost $43 million.<\/span><\/p>\n<h2><b>Trading Volume Skyrockets For Dogechain<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Within two weeks, the new crypto\u2019s trading volume saw a massive surge as it reached over $50 million. At the time of this writing, however, Dogechain\u2019s volume dropped to $33.7 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This <\/span><a href=\"https:\/\/blockgeeks.com\/guides\/dogechain\/#:~:text=Dogechain%20is%20an%20EVM%2Dcompatible,security%2C%20and%20utility%20to%20Dogecoin.\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">catapulted<\/span><\/a><span style=\"font-weight: 400\"> the digital asset\u2019s value to $0.0045. That was short-lived however as price correction trimmed the virtual currency\u2019s gains.<\/span><\/p>\n<p><span style=\"font-weight: 400\">There are 20 market places where the altcoin can be traded with Gate.io and Kucoin accounting for almost 40% of all trades that involve the cryptocurrency.<\/span><\/p>\n<p><span style=\"font-weight: 400\">But while Dogechain is having a very good showing in terms of price pump, the EVM-compatible layer 2 blockchain token\u2019s true purpose is to complement meme crypto Dogecoin.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Although the asset carries the \u201cdoge\u201d moniker, it is important to remember that it is not an extension of the Dogecoin project and is not built on DOGE network.<\/span><\/p>\n<h2><b>Dogecoin: Unleashing Its Full Potential<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Increasing the utility of <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Dogecoin<\/span><\/a><span style=\"font-weight: 400\"> is the main goal of Dogechain. Holders of the famous dog-themed crypto can take advantage of the added utility that this blockchain give by wrapping their DOGE holdings with smart contracts.<\/span><\/p>\n<p><span style=\"font-weight: 400\">When this is done, Wrapped DOGE (wDOGE) will be given back to the owners. This new and improved token will then allow them to DeFi products as well as NFTs that are powered by the Dogecoin network.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With the help of the Dogechain blackchain, DOGE looks to realize its goal of being at the center of Decentralized Finance (DeFi) ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Such boost is needed by the 10<\/span><span style=\"font-weight: 400\">th<\/span><span style=\"font-weight: 400\"> ranked crypto in terms of market capitalization and recognized as the &#8220;OG&#8221; (&#8220;original gangster&#8221;) meme-based digital token, as it continues to struggle in initiating a bull momentum.<\/span><\/p>\n<p><span style=\"font-weight: 400\">At press time, it is trading at $0.595 and is forecasted by <\/span><a href=\"https:\/\/coincodex.com\/crypto\/dogecoin\/price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Coincodex<\/span><\/a><span style=\"font-weight: 400\"> to decline over the next five days to change hands at $0.0546. The next 30 days will be bearish for the cryptocurrency as well, as it is predicted to drop all the way to $0.0367.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/solana-sol-could-recoup-losses-in-last-7-days-heres-how\/\" target=\"_blank\" rel=\"noopener \">Solana (SOL) Could Recoup Losses In Last 7 Days \u2013 Here\u2019s How<\/a><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/2qoLrxWQ\/\" width=\"1834\" height=\"875\"><\/p>\n<pre style=\"text-align: center\">Crypto total market cap at $891 billion on the daily chart | Featured image from Coincu News, Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a>\r\n\r\nDisclaimer: The analysis represents the author's personal views and should not be construed as investment advice.<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Dogechain (DC), a recently introduced cryptocurrency, is posting big numbers in terms of gains since being added to the ever-growing family of the crypto space. Dogechain trading volume spikes to over $50 million in just two weeks DC price surges to $0.0045 before experiencing correction Dogechain blockchain looks to build up Dogecoin At press time, according to tracking from Coingecko, the layer 2 digital asset is trading at $0.001433. Over the past 24 hours, it has grown by 18.5%. Related Reading: Cosmos In A Downtrend Since Last 2 Months \u2013 Investors Shying Away From ATOM? &nbsp; Source: Coingecko Its growth on weekly, biweekly and monthly basis are also off the charts, going up by 176.8% during the last seven days and 141.3% over the last two weeks. On its month-to-date figures, Dogechain is up by 79% as it now sits on a market capitalization of almost $43 million. Trading Volume Skyrockets For Dogechain Within two weeks, the new crypto\u2019s trading volume saw a massive surge as it reached over $50 million. At the time of this writing, however, Dogechain\u2019s volume dropped to $33.7 million. This catapulted the digital asset\u2019s value to $0.0045. That was short-lived however as price correction trimmed the virtual currency\u2019s gains. There are 20 market places where the altcoin can be traded with Gate.io and Kucoin accounting for almost 40% of all trades that involve the cryptocurrency. But while Dogechain is having a very good showing in terms of price pump, the EVM-compatible layer 2 blockchain token\u2019s true purpose is to complement meme crypto Dogecoin. Although the asset carries the \u201cdoge\u201d moniker, it is important to remember that it is not an extension of the Dogecoin project and is not built on DOGE network. Dogecoin: Unleashing Its Full Potential Increasing the utility of Dogecoin is the main goal of Dogechain. Holders of the famous dog-themed crypto can take advantage of the added utility that this blockchain give by wrapping their DOGE holdings with smart contracts. When this is done, Wrapped DOGE (wDOGE) will be given back to the owners. This new and improved token will then allow them to DeFi products as well as NFTs that are powered by the Dogecoin network. With the help of the Dogechain blackchain, DOGE looks to realize its goal of being at the center of Decentralized Finance (DeFi) ecosystem. Such boost is needed by the 10th ranked crypto in terms of market capitalization and recognized as the &#8220;OG&#8221; (&#8220;original gangster&#8221;) meme-based digital token, as it continues to struggle in initiating a bull momentum. At press time, it is trading at $0.595 and is forecasted by Coincodex to decline over the next five days to change hands at $0.0546. The next 30 days will be bearish for the cryptocurrency as well, as it is predicted to drop all the way to $0.0367. Related Reading: Solana (SOL) Could Recoup Losses In Last 7 Days \u2013 Here\u2019s How Crypto total market cap at $891 billion on the daily chart | Featured image from Coincu News, Chart: TradingView.com Disclaimer: The analysis represents the author&#8217;s personal views and should not be construed as investment advice.<\/p>\n","protected":false},"author":557,"featured_media":507586,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,1144,7852,1785,87310,7,8323,1946,8686],"class_list":["post-507584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-dc","tag-doge","tag-dogechain","tag-dogecoin","tag-eth","tag-ethereum","tag-ethusd"],"acf":[],"yoast_head":"\n<title>Dogechain (DC) Notches 200% Hike In Trading Value In Past Week<\/title>\n<meta name=\"description\" content=\"At press time the layer 2 digital asset Dogechain is trading at $0.001433. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogechain (DC) Notches 200% Hike In Trading Value In The Past Week","url":"http:\/\/wncen.com\/news\/dogechain-dc-notches-200-hike-in-trading-value\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogechain-dc-notches-200-hike-in-trading-value\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/10\/Dogechain.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/10\/Dogechain.png?fit=826%2C466"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","dc","doge","dogechain","dogecoin","eth","ethereum","ethusd"],"dateCreated":"2022-10-24T12:47:16Z","datePublished":"2022-10-24T12:47:16Z","dateModified":"2022-10-24T12:47:16Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogechain (DC) Notches 200% Hike In Trading Value In The Past Week\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogechain-dc-notches-200-hike-in-trading-value\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogechain-dc-notches-200-hike-in-trading-value\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Dogechain.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Dogechain.png?fit=826%2C466\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"dc\",\"doge\",\"dogechain\",\"dogecoin\",\"eth\",\"ethereum\",\"ethusd\"],\"dateCreated\":\"2022-10-24T12:47:16Z\",\"datePublished\":\"2022-10-24T12:47:16Z\",\"dateModified\":\"2022-10-24T12:47:16Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/10\/Dogechain.png?fit=826%2C466","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/507584"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=507584"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/507584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/507586"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=507584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=507584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=507584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}