Dogecoin integration with Solana could boost DOGE price and utility

Dogecoin supporter urges integration: Mishaboar, a noted Dogecoin advocate, has called for the Phantom Wallet team to incorporate DOGE support. He believes DOGE would mesh well with Solana’s infrastructure, similar to existing Bitcoin integration. Such a fusion is feasible due to the shared Proof-of-Work mechanism of both cryptocurrencies.

Potential cross-chain benefits: Integration could significantly benefit Dogecoin users by leveraging Solana’s low transaction fees and fast processing capabilities. This could offer DOGE holders improved utility in Decentralized Finance (DeFi) and access to Solana-based Non-Fungible Tokens (NFTs), enhancing their overall user experience.

Current price and future outlook: Currently, DOGE is priced at 0.4617 USD, showing a 5.62% increase over the last 24 hours, with projections of rising to 2.9 USD or even reaching up to 4 USD. Positive technical indicators suggest further appreciation, marking a possibly bullish future ahead if current momentum sustains.