Modern Business Post
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Modern Business Post
No Result
View All Result
Home Investing

Dogecoin App Layer DogeOS Raises $6.9M – Whats New for the Memecoin Ecosystem

by
May 6, 2025
in Investing
0
Dogecoin App Layer DogeOS Raises $6.9M – Whats New for the Memecoin Ecosystem
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

DOGE News:- In a latest exciting crypto funding update, the application layer of Dogecoin ecosystem, DogeOS, has raised $6.9 million funding for its launch.

The funding led by Polychain Capital aims to launch and work for enhancing the operability of DogeOS on Dogecoin. The app layer plans to bring consumer applications in the Dogecoin ecosystem.

The project was unveiled last year in November 2024 and launching today. The kind of applications it aims to integrate in Dogecoin ecosystem include fun games and more real-world utility focused applications.

In simple words, DogeOS would serve as the layer-2 network of these apps built on Dogecoin.

What is the New App Layer DogeOS

As per the latest DOGE news, DogeOS will enable developers to build diverse consumer apps on the memecoin layer. This would range from gaming to artificial intelligence focused decentralized applications.

This app layer is built on top of the blockchain – DOGE and is created by the founders of MYDOGE.

It lets developers build decentralized apps (dApps) that use the blockchain for things like payments, identity, or asset ownership.

The newly secured funds will be used by the app layer to enhance DogeOS’s capabilities. The creation of applications and other DeFi services can bolster DOGE which is facing legal challenge on its commodity status.

This development is expected to attract a broader user base, particularly 3.83 million Dogecoin community or ‘Shibes’, and stimulate increased activity within the Dogecoin network.

MyDoge CTO Alex said in a X post, “This application layer adds programmability to the settlement layer [of DOGE] to enable everything possible in web3 and more!”

Dogecoin is the people’s currency. Think of it as a sound money settlement layer for all transactions. Cheap, fast, accessible and secure.

On top of that is @DogeOS which allows for applications to orchestrate Dogecoin in new, fun and useful ways.

This application layer adds…

— Ale𝕏 (@MyDogeCTO) April 15, 2025

Aims To Create DOGE-Powered Economy

The app layer launch is built and launched by the founders of MyDoge Wallet = CTO Alex and Jordan Jefferson, CEO of MyDoge.

MyDOGE was officially launched in December 2021 as a non-custodial Dogecoin wallet designed for sending, receiving, and storing DOGE.

As of 2025, MyDoge has over 500,000 users. This makes it one of the most widely used wallets in the Dogecoin ecosystem.

Thus, with over half a million users already using MyDoge as their preferred wallet, the demand for native Dogecoin experiences is evident.

The newly launched DogeOS will ride on this demand,unlocking new use cases and fostering DOGE-focused economy.

Further, the app layer launch comes as another boost to the ongoing efforts working to create a DOGE-centered ecosystem.

In March, House of Dogs announced the creation of Official Dogecoin Reserve to drive the adoption of DOGE as Payments currency. On April 28, 21shares has also filed for DOGE ETF in NASDAQ.

Thus, with the app layer launch, the upcoming applications will allow the use of DOGE for real-world utility services. This can potentially transform Dogecoin from a cultural phenomenon into a robust ecosystem supporting a multitude of decentralized applications. 

The post Dogecoin App Layer DogeOS Raises $6.9M – Whats New for the Memecoin Ecosystem appeared first on CoinGape.

Previous Post

Top 4 Reasons Cardano Price May Crash 25% in May

Next Post

XRP Price Forecast: Ripple’s Open Interest Sheds $520M as XRP/ETH Hits One-Month Low

Next Post
XRP Price Forecast: Ripple’s Open Interest Sheds $520M as XRP/ETH Hits One-Month Low

XRP Price Forecast: Ripple’s Open Interest Sheds $520M as XRP/ETH Hits One-Month Low

  • Trending
  • Comments
  • Latest
Telegram Founder Pavel Durov Makes Big Bet on NFTs! Launches Gift Marketplace

Telegram Founder Pavel Durov Makes Big Bet on NFTs! Launches Gift Marketplace

May 10, 2025
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
UK employers target wage bill to offset tax hikes as gloom persists

UK employers target wage bill to offset tax hikes as gloom persists

January 27, 2025
Dollar rises on tariff worries after Trump’s Colombian threat

Dollar rises on tariff worries after Trump’s Colombian threat

January 27, 2025
3 Charts Reveal Why Ethereum Price Rally to $4,000 May Still Be Intact

3 Charts Reveal Why Ethereum Price Rally to $4,000 May Still Be Intact

0
Trump orders measures against Colombia over rejected migrant flights

Trump orders measures against Colombia over rejected migrant flights

0
Dividend surge signals culture shift in China’s markets

Dividend surge signals culture shift in China’s markets

0
UK employers target wage bill to offset tax hikes as gloom persists

UK employers target wage bill to offset tax hikes as gloom persists

0
3 Charts Reveal Why Ethereum Price Rally to $4,000 May Still Be Intact

3 Charts Reveal Why Ethereum Price Rally to $4,000 May Still Be Intact

June 7, 2025
Sui’s Cetus Protocol Unveils Recovery Plan, Targets June 8 Relaunch

Sui’s Cetus Protocol Unveils Recovery Plan, Targets June 8 Relaunch

June 7, 2025
Michael Saylor Teases Tesla, Bitcoin And Big Tech Rivals With MSTR’s 126% One-Year Surge

Michael Saylor Teases Tesla, Bitcoin And Big Tech Rivals With MSTR’s 126% One-Year Surge

June 7, 2025
Breaking: Rep. Burchett Introduces House Bill to Turn Trump’s Strategic Bitcoin Reserve into Law

Breaking: Rep. Burchett Introduces House Bill to Turn Trump’s Strategic Bitcoin Reserve into Law

June 7, 2025
Subscribe to Modernbusinesspost.com


    Recent News

    3 Charts Reveal Why Ethereum Price Rally to $4,000 May Still Be Intact

    3 Charts Reveal Why Ethereum Price Rally to $4,000 May Still Be Intact

    June 7, 2025
    Sui’s Cetus Protocol Unveils Recovery Plan, Targets June 8 Relaunch

    Sui’s Cetus Protocol Unveils Recovery Plan, Targets June 8 Relaunch

    June 7, 2025
    Michael Saylor Teases Tesla, Bitcoin And Big Tech Rivals With MSTR’s 126% One-Year Surge

    Michael Saylor Teases Tesla, Bitcoin And Big Tech Rivals With MSTR’s 126% One-Year Surge

    June 7, 2025
    Breaking: Rep. Burchett Introduces House Bill to Turn Trump’s Strategic Bitcoin Reserve into Law

    Breaking: Rep. Burchett Introduces House Bill to Turn Trump’s Strategic Bitcoin Reserve into Law

    June 7, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 Modernbusinesspost.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 Modernbusinesspost.com. All Rights Reserved.