Dogecoin, a meme-inspired cryptocurrency, has seen its usage skyrocket in the past week with daily transactions reaching a new all-time high (ATH). This newfound surge in activity has been attributed to increased interest in minting DRC20 tokens, a digital asset, on the Dogecoin network. Developer Patrick Lodder had previously allude to a considerable rise in network activity, albeit, not to the levels witnessed today.

The crypto community has labeled this spike an opportunity to evaluate Dogecoin's scalability, with many users starting up nodes and conducting day-to-day transactions. Nonetheless, there are also concerns that this increased usage may overload the main network and cause congestions.

Mishaboar, a recognized figure in the Dogecoin sphere, knows this possible outcome and suggested the implementation of a Layer-2 solution that would be able to support the additional traffic without impeding upon the main network.

Whilst the future of Dogecoin is yet to be determined, many users remain optimistic that this increase in transactions could lead to wider global acceptance of the cryptocurrency as a viable means of payment. There are even those who are hopeful that Dogecoin may eventually make its way out of meme land into the hands of everyday users.



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