Big Eyes Coin: A Mix of Dogecoin and Stellar DeFi Solutions

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Timeline of , Dogecoin, Stellar

Stellar lumen price started a fresh decline from the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.1160 and the 55 simple moving average (4-hours).

Vitalik Buterin, the co-founder of Ethereum, has hinted at his desire to welcome Dogecoin to the PoS community. This divulgence comes as the asset assumes the second position of the largest PoW network following Ethereum's switch to PoS.

Dogecoin price analysis is bearish today, as we have seen further retrace and break past $0.0625 support. Therefore, we expect further decline later today, with the next target being the $0.061 mark.

Ethereum Cofounder Vitalik Buterin feels that other blockchains, such as Dogecoin and Zcash should be following the same strategy now that the Ethereum merge has been completed. Ryan Selkis asked Buterin at the 2022 Messari Mainnet if all networks should shift to proof-of-stake (PoS) method.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject. Stellar is a platform that facilitates cross-border transfer of money through its decentralized blockchain solutions.

Ethereum ($ETH) co-founder Vitalik Buterin predicts that Zcash and Dogecoin will eventually switch to a proof-of-stake consensus model. Around 7:00 a.m. UTC on September 15, Ethereum's Merge upgrade was completed, which means that the Ethereum network is now only using proof-of-stake (PoS) consensus.

Ethereum co-founder Vitalik Buterin hopes popular meme coin Dogecoin and privacy token Zcash will move their networks to the Proof-of-Stake (PoS) consensus mechanism. The post Ethereum Cofounder Vitalik Buterin Wants Dogecoin, Zcash to Move to Proof-of-Stake appeared first on BeInCrypto.

The acceptance of cryptocurrency goes beyond using it as a store of value. Many investors have garnered millions of dollars by trading cryptocurrencies and saving them for a very long time. The volatility of cryptocurrency, however, makes several people indifferent about what to expect.

The prices of the two crypto market leaders, Bitcoin and Ethereum, fell on Wednesday after the US Federal Reserve raised interest rates by 75 basis points due to inflation. Shortly, the rest of the crypto market followed suit.

Dogecoin [DOGE], one of the most popular memecoins, was recently back in the limelight as it registered promising gains over the last seven days. DOGE's performance was just behind the current leader XRP, as its value grew by 5% in 24-hours.