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BTC $68,855 −3.59%ETH $1,945.63 −3.49%SOL $80.08 −1.65%XRP $1.02 −1.15%BNB $637.18 −2.54%DOGE $0.0654 −0.72%Prices: CoinGecko,
Altcoins & DeFi

DOGE Falls 14% in a Week as DogeOS Layer 2 Plans Can't Offset Market-Wide Selling

Image: Crypto Daily

Three Things to Know Dogecoin developers are pushing DogeOS, a layer 2 network for DeFi and gaming, as the mainnet launch nears. Momentum gauges have slipped into oversold territory, yet sellers still control the daily trend. A nearby ceiling near $0.072 now decides whether any bounce can find its footing. Dogecoin's developers are steering DOGE toward DeFi, prediction markets and gaming through DogeOS, a zero-knowledge layer 2 that uses DOGE for fees. The main chain will keep its focus on payments. The pitch arrives during a bruising week for holders. Buyers have stepped back, and the utility story has not slowed the selling. DogeOS Pitches DeFi and Gaming While the Main Chain Sticks to Payments DogeOS is Ethereum-compatible, so developers can port existing DeFi, prediction market and gaming apps.

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