Dogechain Adoption is growing.
The Dogecoin ecosystem has continued to record tremendous growth despite the controversies that marred the project at its inception.
In a recent development, the official Twitter account of Dogechain said a total of 15 million transactions had been recorded on its network. The feat comes a few days after Dogechain announced that it had surpassed 10 million transactions.
In just three days, Dogechain transaction volume spiked 50%, thus bringing the total number of transactions carried out on the network to more than 15 million.
“Just 3 Days ago on 09/02, we announced we crossed 10 Million transactions on Dogechain. We just crossed 15 Million. +50% In 3 Days… Global adoption is increasing,” Dogechain tweeted.
Just 3 Days ago on 09/02, we announced we crossed 10 Million transactions on #Dogechain
We just crossed 15 Million 📈
+50% In 3 Days… Global adoption is increasing 🌏 pic.twitter.com/auFFYY9P1b
— Dogechain💜 (Giving away a Tesla) (@DogechainFamily) September 5, 2022
Widespread Adoption of Dogechain Amid Controversies
The development suggests a widespread adoption of the meme-based cryptocurrency chain despite its controversial launch.
Recall that the Dogechain project was marred with major controversies when it officially made its debut. First, ZachXBT, a famous crypto investigator, disclosed that 20 million Dogechain tokens (DC) were sent to a developer linked to the project. Shortly after the transfer was made, the address started dumping the tokens on unsuspecting investors, which harmed the cryptocurrency’s price.
While the project was still trying to address the negative news, it was reported that the team behind Dogechain offered Dogecoin (DOGE) founder a $14 million bribe to promote DC to the Dogecoin community. Which the doge founder rejected.
Ordinarily, these allegations could have been the end of most crypto projects. However, Dogechain turned these controversies into strength and continued to grow.
DC Down 20% in 24 Hours Despite Massive Adoption
Since it went live, DC’s adoption has skyrocketed. The token has also been listed on top cryptocurrency exchanges, including KuCoin, Gate.io, and Huobi.
Dogechain is currently among the top 10 trending coins on Coingecko, suggesting a growing interest in cryptocurrency. DC is currently changing hands at around $0.0022, down 20.8% in the last 24 hours.