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Dogecoin Labs Pushes to Give DOGE Real-World Utility Beyond Meme Status

Picture: TheCoinRise

Dogecoin Labs, the organization tied to development work on the Dogecoin network, has signaled an effort to expand the coin's purpose beyond its meme-driven reputation. Reporting from CryptoPotato and BeInCrypto indicates the group wants to build economic activity and infrastructure around DOGE, rather than leave it as a purely speculative asset. Dogecoin launched in 2013 as a joke based on the Shiba Inu "Doge" internet meme. It grew into one of the largest cryptocurrencies by market capitalization despite lacking the technical roadmaps common to other major blockchain projects.

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