Built by Dogecoin holders, the new blockchain called DogeChain has reached key milestones over the last few months.Â
DogeChain, the unofficial layer-2 solution for Dogecoin DOGE/USD, has 50 million transactions. Not only that, but it also reached 244,000 unique wallets.Â
By Sept. 5, it was at 15 million, and the current 50 million reflects a 233% increase in transaction count.Â
The official DogeChain Twitter account announced the same on Friday.Â
In just 2 months, #Dogechain has reached some incredible milestones.
Two of the most impressive ones remain:
50 million transactions
244,000 unique walletsWe appreciate the community’s support that helped us achieve so much, so quickly. pic.twitter.com/DilL3udWXc
— Dogechain (Giving away a Tesla) (@DogechainFamily) October 7, 2022
Responding to the tweet, a follower named @DcNftAirdrop said it was a fabulous project.Â
Fabulous project
Work amazing pic.twitter.com/8GToakJXrY
— Dogechain NFT Airdrop (@DcNftAirdrop) October 7, 2022
Another follower said it is the best time to accumulate and hold the DCs as the overall crypto market is in crisis. Â
And this is just the beginning! The number of unique wallets is quite good, and projects within the ecosystem keep increasing.
I do not despair with my DCs because the whole market is in crisis. The best thing to do during this cycle is to accumulate and hold.
— Lady DeFi (@LadyDeFi2) October 7, 2022
DogeChain is the EVM-compatible blockchain that aims to complete the original Dogecoin cryptocurrency.Â
According to its developers, DogeChain was created to bring crypto applications like NFTs, games, and the ever-growing DeFi ecosystem to DOGE users.
Also Read:Â Elon Musk Does It Again! Endorses Dogecoin, Says He’ll Keep Buying The Meme Coin
Earlier in September, DogeChain introduced the Doge Name Service (DNS) system, which enables users to adopt a readable .doge address instead of a string of characters that would be hard to recall.