I think Dogechain will follow in Doge and Polygons footsteps in a lot of ways.
01 Nov 2022, 20:25
I think Dogechain will follow in Doge and Polygons footsteps in a lot of ways. I see us continuing our rapid growth as it is clear that people see the value of Dogechain. It is a place for the Doge community to build fun things that benefit Doge community and ecosystem. It is making Doge value much stronger, and Doge community sees this and builds here for the good of Doge.
I think Dogechain can become a top 10 project someday. We already have more daily tx’s than most chains in the world. On some days we have more txs than Ethereum and Polygon which is incredible for a 3 month old chain. Ethereum is 7 years old. Our unique wallets are growing exponentially. We’re in discussions with 400 projects who are either building now, or are planning to build on Dogechain.
I can’t promise not to sell for 1 year, but I can say that with QuickSwap, (the still largest DEX on Polygon, and at one point the highest volume DEX in the world with over $1billion USD value traded DAILY), which I Co-Founded, I didn’t sell anything for 2 years and still haven’t sold a single token of QUICK. I actually bought a lot of QUICK on the open market. I even have to pay taxes on those QUICK I earned even though I never sold. (Classified as income). So I had to sell other assets to cover taxes so I could prove to the community I was thinking about them.
A lot of people thought the DC team sold a lot of tokens but we recently showed that the tokens in MM wallet were moved for other activities like putting liquidity on DEXs, CEXs etc. It’s clear that much less tokens were sold than thought because we moved the tokens back to the wallet and burned them yesterday. We burned 58% of what the analytics websites thought was circulating. Much of it wasn’t actually really circulating, it was just in another wallet. It’s now burned on chain for all to see.
We are here for the long run. We aren’t interested in short term pay days. We’re looking at where we can be in many years if we do this right and hold a very long term time preference.
Thank you guys for believing in what we’re all accomplishing together here. The community is even more important than any of the devs, marketing, or other contributors. The community is the strength of both Doge and Dogechain. We will never forget that. Community is everything. We are just here to do what the community wishes which is why we burnt our own tokens at the request of you all. I love the Dogechain community and will do everything in my power to see the chain get to maximum adoption.