Dogecoin’s first transaction without internet debuts through RadioDOGE and has made history. In that context, Dogecoin core developer Michi Lumin tweeted about this first RadioDoge transaction, using libdogecoin that was ultimately relayed to the Dogecoin mainnet through Starlink.
hi. i sleepy again, so no talk big, but just did this, sending 4.2069 dogecoin (from BudZ heh) 100 miles (with @tjstebbing and @KBluezr listening on a receiver 810 miles away), using just libdogecoin, radio, and ultimately relayed to the mainnet on the other end via starlink. pic.twitter.com/Pn6aHFamuM
— Michi Lumin (@michilumin) April 22, 2022
Notably, RadioDoge focuses on utilizing low-cost radio technology (HF/LoRaWAN) integrated with the global Starlink satellite network to offer cheap and wide-scale access to Dogecoin for people who live far away from the reach of regular internet connectivity. That will now enable Dogecoin to perform and execute transactions without using any internet.
The First Dogecoin Transaction just took place without the Internet, using Radio Doge. Much wow @michilumin @tjstebbing @KBluezr @DogecoinFDN
Radio Doge will enable access to #Dogecoin for people outside the reach of internet. #Starlink @elonmusk pic.twitter.com/cFKZ97mluD
— DogeDesigner (@cb_doge) April 22, 2022
In the past several weeks, the Dogecoin team has mainly focused on offering the groundwork for RadioDoge, and many future projects, using the first phase of Libdogecoin, which is a building block for the development of Dogecoin projects.
Dogecoin’s primary objective, based on the Dogecoin Foundation, is to make DOGE the de facto global currency for exchanging all types of goods and services. It confirmed that it is currently working on some projects that are aimed at bringing the Dogecoin Ecosystem to a state of readiness for quick grassroots adoption, citing the fact that 1.7 billion people in the entire world are unbanked or under-banked.
Dogecoin Price Action
At the time of writing, Dogecoin is trading at $0.137 and remains in consolidation within its daily moving averages between 50 and 200. A strong break above the MA 200 at $0.177 might be needed to stop the sideways trading movement.
Based on the IntoTheBlock data, the profitability of DOGE remains at 57%, which indicates that most of the Dogecoin holders are no longer at a loss in contrast to the data that was published in March. Barely a month ago, the profitability of DOGE was hovering at almost 40%. The surge in profitability also indicates that a massive segment of the coins that are held by investors was acquired in the $0.15-$0.16 range.
