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Canadian Prime Minister Justin Trudeau’s brother Kyle Kemper in a bitcoin 2021 conference has announced that he will be launching a dogecoin project called Million Doge Disco.
The Prime Minister of Canada’s brother Kyle Kemper is all set to launch the Dogecoin (DOGE) project. While attending the Bitcoin 2021 Conference in Miami, Kemper announced that he is launching a project called Million Doge Disco.
The project is a combination of the smartphone game Pokemon Go and Non-fungible tokens (NFTs) and Tamagotchi, a handheld digital pet that was a craze of the 1990s.
In an interview with one of the publication houses, Kemper said there is a run on dogecoin. It is running on Blockv. Blockv had tweeted about the project on Twitter.
In a tweet, Blockv had announced to have partnered with GaryLachance and DDP to unite the world for a Vatom powered global groove-the Million Doge Disco.
Futuristic currency
Kemper believes that Dogecoin is a wonderful intro currency. It has a bright future. He has given the meme cryptocurrency to children as part of his promotional work at the conference. He further informed that he will be giving millions of Doge in the coming months.
If one goes to the website of the DogeDisco, one will find that the Million Doge Disco is the masterstroke to get the whole world dancing together. With the launch of one million augmented reality Disco Doge NFTs worldwide, it will contain dogecoin within.
Kemper made this announcement on the same day when the Dogecoin fans on social media, collaboratively referred to the token as the Doge Army, observed June 9 as the 69 Day. The dogecoin fans believed that the token would touch the levels of $0.69, which it failed to do.
Downward trend
Currently, the token is seeing a downward trend. The Dogecoin is also known as Shiba Inu-themed cryptocurrency, which slumped to 53.8% from the previous high of $0.7376 as of May 8. Meanwhile, Dogecoin’s returns to date are recorded at 7,101.97%.
Past rally
In the last 24 hours, the coin has shown a sign of improvement as it is 7.8% higher and is trading at $0.3409 at press time.
What is dogecoin
Dogecoin was started as a joke by some and was popularized by Tesla Inc. CEO Elon Musk. He has always supported dogecoin through his various meme tweets about the currency. The coin was formed by Billy Markus and Jackson Palmer, the software engineers.
Despite its satirical nature, people considered dogecoin as an influential token and a legitimate investment prospect. In the May 7 trading session, the coin was up roughly 200,000% in a meme trading boom since the token inception.
The dogecoin frenzy is reaching a fever pitch as Elon Musk prepares to host his Saturday Night Live where he will throw more light upon his favourite currency. This dogecoin was designed to be a mirror frame for bitcoin and is also regarded to be the decentralised currency to tokenized art. For those who want to make big money in crypto, then this meme coin currency will not help institutions take crypto seriously while being far too risky for portfolios.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
