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Dogecoin will soon start offline transactions thanks to Elon Musk’s Starlink!

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HIGHLIGHTS :

  • Apart from RadioDoge, the foundation is also planning a few other projects
  • The foundation has not said when RadioDoge could be launched
  • The price of this meme coin has been under pressure for the past few months.

Transactions from the Regional Hub will be routed to the Dogecoin testnet using the Starlink satellite. Apart from RadioDoge, the foundation is also working on some other projects.

Apart from RadioDoge, the foundation is also planning a few other projects

Transactions may soon start even without internet access for Dogecoin, one of the popular meme coins. For this, a project called RadioDoge is being worked on. Dogecoin Foundation developers Michi Lumin and Timothy Stebbing explained how RadioDoge could facilitate offline DOGE transactions using SpaceX’s Starlink satellite network.

These developers have also said in a blog post that a RadioDoge Regional Hub has been created which will conduct testing for this new technology. Its prototype consists of a wire antenna and a tree. “RadioDoge seeks to bring Dogecoin to people who are outside the Internet, by combining the global Starlink satellite network with low-cost and reliable radio technology,” he explained. He said the first such transaction would be transmitted over 150 miles from HF radio in Colorado, USA, to a regional hub.

The foundation has not said when RadioDoge could be launched

Transactions from the Regional Hub will be routed to the Dogecoin testnet using the Starlink satellite. Apart from RadioDoge, the foundation is also working on some other projects that could increase the popularity of Dogecoin. However, the foundation did not specify when RadioDoge could be launched.

DOGE’s popularity grew rapidly last year but it has been under pressure since the beginning of this year. Its price has dropped significantly. This makes this cryptocurrency out of the top 10 in terms of market capitalization. However, DOGE continues to be supported by American electric car maker Tesla and SpaceX chief Elon Musk. The tweets made by Musk about this cryptocurrency also have an effect on its price.

The price of this meme coin has been under pressure for the past few months.

DOGE is facing tough competition from Shiba Inu, another meme coin. The Shiba Inu was created two years ago and its popularity has grown rapidly over the past few months. The team associated with SHIB is also working on some projects including Metaverse. This includes the sale of over one lakh virtual plots on the Metaverse of the Shiba Inu. The price of these Meta-verse plots ranges from 0.2 to 1 ETH. Initially, 36,431 plots will be unlocked.

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