Dogecoin
Dogecoin App Layer DogeOS Enters Public Testnet as DOGE Price Holds Steady
The public testnet for DogeOS has gone live to bring EVM-compatible smart contracts to Dogecoin, though the launch has generated little immediate reaction in the spot DOGE price.
The DogeOS testnet opened to the public on September 30, introducing a layer-2 network designed to run smart contracts powered by DOGE. Built by the team behind the MyDoge wallet, the network functions as a zero-knowledge rollup that posts data to Ethereum while using Dogecoin for finality. It also features Ethereum Virtual Machine compatibility, enabling existing applications to deploy on the network.
On DogeOS, DOGE serves as the native currency for executing smart contracts, extending its utility beyond basic payments and tips. The team highlighted early projects under development, including the Barkswap liquidity engine, the Derps perpetual exchange, and prediction aggregator Snag. Dogecoin Foundation director Timothy Stebbing noted that the initiative aims to expand application utility while keeping the base layer intact.
Despite the deployment, DOGE spot prices remained subdued following the announcement. The muted reaction reflects the nature of testnets, where faucet tokens carry no monetary value and create no immediate spot market demand. The launch arrived alongside mixed institutional signals, with Dogecoin ETFs recording record weekly inflows in late September even as Bitwise prepared to close its Dogecoin fund.
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