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Dogecoin community splits after key developer accounts move to private firm Dogecoin Labs

Market News
26 Oct 2026, 19:30 WIB
UToday
View Source
Bearish
Dogecoin community splits after key developer accounts move to private firm Dogecoin Labs

Dogecoin faces a community split following a corporate merger that transferred control of key developer accounts to Dogecoin Labs, a private company. Critics argue this move centralizes the project, accusing the Dogecoin Foundation of prioritizing business interests and aggressive marketing of commercial products. Dogecoin Labs defends the merger as necessary for mass adoption and payment infrastructure, while the Foundation promises to keep blockchain development open. The conflict highlights the challenge of scaling Dogecoin as a global payment system while maintaining its decentralized, community-driven identity.

As of Oct 26, 2026 23:51 WIB, Dogecoin (DOGE) trades at Rp1.391 on Pluang, showing a slight 1-day increase of 0.07%. The market cap stands at Rp243,47 trillion with a 24-hour trading volume of Rp9,59 trillion. Notably, Pluang users exhibit a buying preference with 63% of orders as buys and a typical hold time of 111 days, indicating sustained interest despite community controversies.

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