The SHIBA INU DOG has broken off the leash.

  Dogecoin was named for an internet meme, was meant to be a parody coin , is getting alot of traction lately. From a price of $0.006 to all time high at $0.01. Putting its creator in a dismay.

  It was nearly forgotten since it was created, over the past month this particular cryptocurrency's price has increased more than 400 percent, pushing it through all-time high above $0.01. According to coinmarketcap this price rally lead dogecoin billion dollar club in market capitalization , hovering above $1billion and a trading volume of $100 million a day. The creator of dogecoin is dubious about this market appreciation.

  Mixed reactions were found in media gossips and among its peers. Because it has no specific advancement in the technology lying underneath.


Source; Coinmarketcap.com

  Jackson Palmer the creator of Dogecoin has certain concerns regarding market behaviour. His remarks emerged in several blog posts online,he says ;

  "I have a lot of faith in the Dogecoin Core development team to keep the software stable and secure, but I think it says a lot about the state of the cryptocurrency space in general that a currency with a dog on it which hasn't released a software update in over 2 years has a $1B+ market cap."

  Most of the developers are surprised by the market momentum, but are showing enthusiasm regardless of a distracted development team , untill now they are unable to make any advancements in technology , because most of them are volunteers and working only in spare time. Dogecoin appears to be second in priorities, instead they have much better things to do.