Never Mind...I FOMO'd 🦍(Dogechain Initial Review) 🐕🚀?

Dogechain is supposed to be adding buy pressure and functionality to Dogecoin by having a Layer 2 solution built on Polygon Edge allowing NFTs, Smart Contracts, Gaming for DOGE holders. Theoretically this could have been done on the Binance Smart Chain or on Polygon but there has to be a way to fund a project and ecosystem development so they are doing it as an airdrop to Dogecoin holders by giving them DC which is the native currency of Dogechain. So even just by that Dogecoin holders are getting some value out of it since a market for Dogechain has been established and it recently got added to Kucoin and Gate.io. The trade volumes have been increasing and the entire market cap of Dogechain is at around 19 Million at the time of this video. Dogecoin marketcap is 8.5 Billion. Kucoin and Gate.io both have trading prize pools to incentive trading. On top of the airdrops wrapped DOGE is used for gas on the Dogecoin further giving value to Dogecoin holders. Since it is built on Polygon Edge the fees are super low so you won't be burning through tons of your wDOGE being on there. The ecosystem is still being built out and the DC token will mainly be a governnace token to fuel development. 29% of it is going to a DAO so in the future the community will be able to vote on the projects they want to see being developed.

To me all this makes this project more valuable to Dogecoin holders than all this other stuff like Shib, Floki, Babydoge and the rest of the doge knock off projects. Right now if you bridge DOGE onto the Dogechain you will get some of the early DC distribution.

Right now I am trading a little bit of DC over on Kucoin but I haven't went real heavy and I also reached out of the development team via e-mail to talk to them about getting grant money to possibly help build out this ecosystem and promote it if everything makes sense. Right now I still have a lot of questions because it seems like the developers are anonymous, there is no link to Github on CoinGecko or CoinMarketCap. So at this time I'm exercising caution because we have to always brace for the worst in crypto. I guess malicious actors could use it to capture a lot of DOGE and then just dump the DC. Personally I don't think that makes sense and would short sighted to do that because if the thing started propelling forward and the ecosystem built out then it should grow from here and at least get to be 1/10th of the Market cap of DOGE you would think. Use caution but it is early with this project. I'm exploring more into it. ... https://www.youtube.com/watch?v=031Vd6-_wAo