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DOGECOIN DEVELOPERS RECORD FIRST OFF-INTERNET TRANSACTION VIA RADIODOGE
2022-05-12, 09:37
Lately, there has been an uproar in the crypto market as Dogecoin developers achieved incredible success. Before now, every digital transaction had to be done online due to safety measures. Previous attempts to complete crypto transactions offline have proved abortive due to hacks and similar fraudulent cracks. [Bitcoin](https://www.gate.io/trade/BTC_USDT) has recorded some success in offline transactions in the past too. Dogecoin has taken a profitable pump in the crypto market after recording a successful transaction off-internet.
On the 22nd of April, Dogecoin completed an offline transaction via a newly developed platform known as 'Radio Doge.' There were doubts about the platform's credibility, and some people wondered if the transaction was worth the risk. However, against all odds, dogecoin developers took it upon themselves to bear the risk, and they recorded a groundbreaking success.
HOW THE TRANSACTION WAS CARRIED OUT
Starlink is a new project founded by one of the largest stakeholders of Dogecoin- Elon Musk. The Starlink used for the offline transaction is a SpaceX-operated satellite broadband innovation. [Bitcoin](https://www.gate.io/trade/BTC_USDT) is the first-ever recorded offline transaction made; their offline transactions take place using a mesh network, a piece of average radio equipment, and portable radio antennas. Now, Dogecoin has followed suit, influencing the market value of the meme token.
THE FUTURE OF DOGECOIN
With the recent news on Dogecoin, it has earned an extended reputation across the globe, resulting in its high market value. Technical analysis conducted has shown a high rate in the coin's sales. The market is still very volatile, and it is not possible to determine if there will be a long-term rise or fall in the price of Dogecoin. The coin's future lies in whether or not the meme token would hit a high value compared to [Bitcoin](https://www.gate.io/trade/BTC_USDT) and Ethereum.
Price Forecast for Dogecoin in April 2022
The future of Dogecoin remains a volatile uncertainty. However, every technical analysis conducted predicted a rise in the value of Dogecoin in April. Analysts from digitalcoinprice.com predicted the average price of Doge to be about $0.18. Also, another analyst from Gov.capital expected the average cost of Dogecoin to be between $0.147 to $0.258, a massive pump and shift that would benefit a large number of investors.
Price Forecast for Dogecoin In May 2022
There is a controversy about the price position of Dogecoin in the market. Digitalcoinprice.com remained optimistic about the value of Dogecoin with an assurance of an average value of $0.18. On the other hand, Gov. capital predicts a price fluctuation between $0.27- $0.24 compared to the value in April. Other professional analysts expect a rise in the price of Dogecoin, at most, an average price not less than $0.17.
Price Forecast for Dogecoin In June 2022
Among other analysts, only Gov.capital predicts a massive pump in doge value up to $0.32 with a minimum value of $0.17. Analysts from priceprediction.net have a pessimistic prediction of a maximum value of $014. However, other popular experts predict a rise above the $0.14 minimum price.
Summary
Doge to the moon! Experts' predictions have shown that Dogecoin has a profitable future, especially with the recently completed offline transaction. Dogecoin developers have a viable plan that would transform the crypto market and lead to a massive pump in the price of Dogecoin.
Author: Gate.io Observer M. Olatunji
Disclaimer:
* This article represents only the views of the observers and does not constitute any investment suggestions.
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all other cases, legal action will be taken due to copyright infringement.
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