🚀Breaking News! Dogechain, Dogecoin's smart contract layer, has launched PawPort, the first-ever DRC20 to EVM bridge. This revolutionary move solidifies Dogechain's position as the leading scaling and smart contract layer for Dogecoin, adding a whole new level of Web 3 utility to this unique asset type.
🐾Dogecoin Ordinals (Doginals) were introduced in 2023, adding a new layer of complexity to the Dogecoin ecosystem. Doginals allow DOGE holders to enrich the smallest units of DOGE (Shibes) with data, supporting the creation of new asset forms, similar to tokens and NFTs on EVM networks.
🔗With the launch of PawPort, Doginals holders can now bridge their DRC20 assets on the Dogechain blockchain. This not only provides a scaling solution but also allows users to trade DRC20 tokens on decentralized exchanges, and imbues DRC20 assets with Web3 capability.
🎉The result? Doginals are now at the forefront of Web3, ready to compete with other smart-contract-capable memecoins. Will this new utility cause another Doge frenzy in the crypto markets? Only time will tell.
🗣️What are your thoughts on this development? Share your views in the comments below! #Dogechain #PawPort #Dogecoin