This article examines the development of BNB and Dogecoin, as well as BlockDAG's role in supporting decentralized applications.
BNB's Evolution: From Exchange Discount to Global Crypto
Launched in July 2017 via Binance’s ICO at $0.15 per coin, BNB raised around $15 million for development and marketing. Initially based on Ethereum’s ERC-20 standard, BNB transitioned to the native BNB Chain in 2019 to support faster speeds and lower costs. BNB's core role is to lower trading fees on Binance and support payments and staking. As of March 26, 2025, BNB is valued at $629.49.
Dogecoin: From Internet Meme to Real-World Utility
Launched in December 2013, Dogecoin started as a parody inspired by the Doge meme. Unlike fixed-supply coins, Dogecoin allows limitless mining using PoW and Scrypt. Social media and celebrity endorsements helped Dogecoin reach new heights of popularity. As of March 26, 2025, it trades around $0.18, significantly higher than its original value. In 2021, Dogecoin hit $0.73.
BlockDAG's Strategy for 1,000+ Decentralized Apps
BlockDAG aims to run over 1,000 decentralized applications by 2026 using a hybrid DAG and PoW model, enabling faster and scaled transactions. This architecture supports smoother gameplay for games and quicker processing for DeFi apps. Developer support includes tools, grant programs, and hackathons.
BNB and Dogecoin occupy different niches in the market but continue to face scalability challenges. BlockDAG offers an innovative solution to support real-world blockchain applications.