The Dogecoin community is considering a major upgrade that could allow for more fees and the use of smart contracts, potentially expanding the coin’s capabilities beyond memes and momentum. One proposal involves adding zero-knowledge proofs to enable Layer-2 chains for faster transactions and off-chain executions. Another idea could create a revenue flywheel by generating more demand for DOGE through network fees. However, investors should be cautious as these proposals are still in the discussion phase and may take time to implement. There is no clear investment thesis for Dogecoin yet, so it’s advised to wait for concrete progress before considering an investment.

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