Dogecoin This Week… –

Crypto developer MyDogeCTO has given good news to Dogecoin (DOGE) investors with a brand new payment method API that will be available to users this week.

The famous developer announced a new feature this week that can increase the price of Dogecoin

One of the senior developers, MyDogeCTO, has introduced a new Application Programming Interface (API) where Dogecoin can be accepted as a payment method anywhere in the world. APIs are mechanisms that allow two software components to communicate with each other using a set of definitions and protocols. For example, the meteorological directorate stores daily weather data. The weather app on your phone “talks” to this system via APIs and shows you the daily weather updates on your phone.

According to the announcement, the name of the new tool will be “MyDogeMask API”. The developer also provided screenshots of a protocol demo that appears to be designed as a browser extension typical for the MyDogeMask API and most dApps:

Despite being seen as a meme coin, the Dogecoin team continues to work to make the token more efficient and usable. In the continuation of the tweet, developer MyDogeCTO also shared that while waiting for the upcoming launch of the API, the protocol will reward developers with DOGE for bugs there.

How about the Doge price? What’s next?

Dogecoin was trending on Twitter on the morning of January 29. In fact, there has been a marked rise in the social volume metric. As we reported, this momentum may be related to Elon Musk’s new tweet. In the tweet, Musk repeated his offer to eat a hamburger on a national channel if Dogecoin was accepted as a payment method by McDonald’s.

This tweet quickly resonated on social media, with many speculating about the potential impact of the tweet on price. Interestingly, even the McDonald’s team participated in this activity, further fueling speculation.

Also, the number of long positions in Dogecoin continued to increase significantly. According to data from Coinglass, the number of long positions made by top traders increased from 71% to 77% last month.

This implies that most investors are extremely optimistic about DOGE’s future.

Also, miners’ interest in Dogecoin is increasing, according to hashrate metrics. This increased hashrate can potentially lead to increased stability, as it is a well-known fact that more miners provide more computational power to secure the network.

DOGE price analysis

After a productive weekend, Dogecoin (DOGE) started the new week down around 3%. In current moves, its price is in the middle of the channel between the $0.08826 support and the $0.091 resistance.

Contact us to be instantly informed about the last minute developments. twitterin, Facebookin and InstagramFollow and Telegram and YouTube join our channel!

Risk Disclosure: The articles and articles on do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. does not recommend buying or selling any cryptocurrencies or digital assets, nor is an investment advisor. For this reason, and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.

Disclaimer: Advertisements on are carried out through third-party advertising channels. In addition, also includes sponsored articles and press releases on its site. For this reason, advertising links directed from are on the site completely independent of’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on and the pages directed by the links in the sponsored articles do not bind in any way.

Warning: Citing the news content of and quoting by giving a link is subject to the permission of No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of in violation of intellectual property law and relevant legislation.

Show Disclaimer

source site-3