What Dogecoin investors can expect after this proposal goes live

ambcrypto.com:

All may have now been confirmed that another top crypto head—Vitalik Buterin is a supporter of the Dogecoin [DOGE] ecosystem.

Of course, the world’s richest man, Elon Musk has been a vocal supporter of the meme token. However, a new development on the DOGE chain seems to have been responsible for the recent addition. 

According to BluePepper, the body behind DOGE’s development declared that the Dogecoin-Ethereum bridge could go live before the end of 2022.

Interestingly, this is not the first time that DOGE has been linked with Ethereum [ETH]. In September 2021, DOGE’s creator, Billy Markus tweeted about the possibility of the bridge amid an NFT bubbling market.

He noted that the development of the bridge would help increase DOGE’s utility and demand.

1) Completion of DOGE-ETH bridge 2) NFT platforms (e.g. Opensea) allowing for the DOGE-ETH token to be used for purchases

NFTs purchasing is high demand with crypto. Allowing for DOGE purchases of NFTs greatly increases its utility.

— Shibetoshi Nakamoto (@BillyM2k) September 29, 2021

2021 was not the beginning of the development as BluePepper noted that it has been in the works since 2017. The DOGE-ETH bridge lab added that the bridge would care for the DOGE community by granting them access to protocols available on the Ethereum blockchain.

Some of the outcomes expected from the bridge launch include NFT marketplace integration, DeFi protocol interactions, and smart contracts compatibility. 

Tagged as the “wDoge bridge”, BluePepper added that the design was similar to that of the WBTC which has never been hacked since its launch four years ago. 

With the bridge expected to launch later in the year, DOGE