In April, RadioDoge was used to send the first Dogecoin transaction without the need for the internet
Fee for Dogecoin Transactions are at their cheapest tiers as one user paid no fees to move 2.69 billion Dogecoins worth $357,926. The near-feeless transaction resulted in the Dogecoin user paying 0.00226 DOGE for the giant transaction.
According to the Dogecoin Foundation, its goal is to make DOGE the global currency for exchanging products and services. It claims to be working on certain projects to get the Dogecoin Ecosystem ready for quick grassroots adoption, citing the fact that the world’s unbanked population stands at 1.7 billion people.
In April, RadioDoge was used to send the first Dogecoin transaction without the need for internet. RadioDoge is focused on combining low-cost radio technology (HF/LoRaWAN) with the global Starlink satellite network to enable low-cost, large-scale access to Dogecoin for people who live outside the scope of traditional Internet infrastructure.
Dogecoin will be able to conduct transactions without the use of the internet as a result of this.
Tesla CEO Elon Musk responded to a tweet from Dogecoin creator Billy Markus, saying that the same Dogecoin cryptocurrency would gain much more utility if more companies accepted it. The world’s richest person also said that tipping creators with Dogecoin would be “nice”.
The Dogecoin supporter also believes that Dogecoin may fix Twitter’s spam problem, as recently covered by U.Today. The notion that drew Musk’s interest was first proposed by Mark Cuban, a fellow billionaire.
In reaction to Cuban, Dogecoin co-founder Billy Markus said he liked such an idea “a lot”.
At press time, Dogecoin trades at $0.131, trading below its daily moving averages of 50 and 200. A break past the MA 50 at $0.136 and then the MA 200 at $0.172 might be necessary to squash the downward trading move.
