Dogecoin prices have surged this week following retail interest in Polygon Edge-based network Dogechain.
Dogechain is a bridge that allows traders to convert dogecoin (DOGE) to weighed dogecoin (wDOGE).
Dogechain also allows traders to use tokens, non-fungible tokens (NFT) and products built on the network.
DOGE prices rose some 10% in the past 24 hours even as the broader crypto market remained largely flat.
Part of the price movement in dogecoin has arisen from user demand for DOGE tokens, which are used for bridging over to Dogechain.
Dogechain – which touts itself as a layer 2 for dogecoin – uses dogecoin as the platform’s base trading token and as payment for fees on its network.
Dogechain is also set to airdrop its own DC token to users of the platform.
