Dogecoin: With v1.14.6. upgrade, traders should know that DOGE has…

ambcrypto.com:

Commonly viewed as a mere joke and popularly dubbed as a ‘meme-coin,’ the core developers of Dogecoin are set to change the narrative with the launch of the new Dogecoin update, v1.14.6.

The GitHub link that contains the checklist of what is to be achieved with the proposed v1.14.6 update to the network was circulated on 6 June.

Developed by Patrick Lodder, a core developer of the Dogecoin network, some of the guarantees of the v1.14.6 update to the network is to ensure the protection of users’ wallets on the network. The upgrade would also aim to fix the vulnerabilities common with the Bitcoin network that might exist within the Dogecoin network. In addition, Lodder stated that a goal to be met with the new upgrade is to ensure cheaper usage of the Dogecoin core wallet.

In a post made by Lodder on Reddit eight days ago, he confirmed that the upgrades to the Dogecoin network might be implemented by the end of June. He said, 

“It is starting to look like we will really be able to do a release of 1.14.6 (by the) end of June. We’ll be focusing on enabling as many contributions to make it into the release, together with the network hardening I mentioned that now not just I but also chromatic is working on. I will make a tracker for the release so that everyone can see where we’re at.”

In view of an upgrade to the Dogecoin network, let’s take a look at the performance of the meme coin since it first launched.

Created around the popular “doge” Internet meme, the Dogecoin, forked from Litecoin was launched in December 2013. Hitting the crypto market at an index price of $0.0002047, the token registered an ATH of $0.7376 on 8 May 2021. Currently 85% down from its ATH, Dogecoin exchanged hands at $0.0795, at the time of writing. 

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