Biggest airdrop in Dogecoinโs (DOGE) history could be just around the corner, as Polychain Capital has closed the $6.9 million funding round to renovate the Proof of Work (PoW) chain. Dogecoin (DOGE) is the largest dog-embossed crypto currency around the globe and also the second largest blockchain working on a Proof of Work (PoW) consensus.
$6.9M Deal To Turn Dogecoin Into Top App Host
DogeOS, the operational system uniting decentralized applications (dApps) across Dogecoinโs network, just raised $6.9 million from the funding round by Polychain. Notably, the quest to build an all-around operational system based on Dogecoin (DOGE) includes big news like X-compatible applications & unlocks a native liquidity pool for valuable projects.
Specifically, the multi-million pool was secured by Polychain Capital, a top-tier crypto investment firm headquartered in San Francisco,ย California. The funding deal is backed by MyDoge wallet creators. Namely, the most popular self-custodial crypto wallet running on Dogecoinโs PoW gained trust among DOGE Army. Ultimately, it’s a highly-accessible alternative to major exchange apps, as itโs also available on App Store & Google Play.
Biggest Dogecoin Airdrop Ever Coming Up Next?
Certainly, the new $6.9 million deal to build Dogecoinโs DogeOS provides substantial liquidity, giving the opportunity for on-chain builders to get funding for their projects. For any DogeOS user, the new ecosystem with native liquidity brings staking opportunities with high yield, Play 2 Earn games, DeFi marketplaces & stablecoin support.
Now, anyone from the DOGE Army can tap into the extended liquidity on Dogecoinโs native chain by simply filling out a form. Indeed, the submission form on DogeOS paves the way for whatโs supposed to be the largest Dogecoin (DOGE) airdrop to holders ever made. So far, itโs not clear what the Dogecoin airdrop prize pool will be limited to, but itโs sure to give the top dog meme coin a purpose beyond a symbol of internet culture.
On The Flipside
- The DogeOS Early Access submission form was closed at the time of this publication without a further notice on when it will be available.
- The top dogโs market value picked up 4.4% gains amid the DOGE funding news, but still trades well below previous support territory of $0.20.
Why This Matters
The user-friendly application layer on Dogecoin will likely grow the 10 million-strong community to unprecedented numbers, boosting DOGE beyond its original meme coin status.
Dive into DailyCoinโs trending crypto news:
Bitcoin Spurs Above $97K Amid Chinaโs $138B Liquidity Boost
Maldives Building $9B Bitcoin Hub In Bid To Boost Economy
