Interoperability has created the avenue for tokens to be wrapped in various sections of exchangers. In order to differentiate between the chains on which they exist, they thereby term them wrapped but all other features remains the same. the emergence of Doge coin in the top of charts of coins by marketcapitilization has further affirmed the inclusion of the coin in various platfroms and also ushered it into the list of coins necessary to be exchanged for.
It would've been great if a developer brought DOGE into the world of smart contracts. A "Wrapped" version of Dogecoin would be a great idea to spur the "meme" coin's mainstream adoption. I'd like to see the day where we can use our Dogecoin to interact not only with ETH dApps, but also dApps on other chains such as TRON, EOS, Cardano and so on. I know that DOGE was never meant to be taken seriously, but it wouldn't hurt having a pegged asset on a smart contract platform to bring DOGE holders the option to interact with dApps using their own coins.
Does a legitimate "Wrapped DOGE" token exist on the ETH blockchain? Do you think "wrapping" Dogecoin on a smart contract platform is a good idea? Will it gain enough liquidity/trading volume over time? Or will it go all the way down the drain? Your input will be greatly appreciated. Thanks
Does a legitimate "Wrapped DOGE" token exist on the ETH blockchain? Do you think "wrapping" Dogecoin on a smart contract platform is a good idea? Will it gain enough liquidity/trading volume over time? Or will it go all the way down the drain? Your input will be greatly appreciated. Thanks