Ethereum (ETH) co-founder’s new role may affect Dogecoin (DOGE)

The reasons behind Dogecoin‘s exponential growth were many, but DOGE’s utility and development activity were hardly ever a part of that.

The network is now all set to be revamped after being more or less dead in terms of development in the past. According to a statement issued by the Dogecoin Foundation on Tuesday, the organization is re-establishing itself with Ethereum co-founder Vitalik Buterin as its “blockchain and crypto adviser.”

The statement added that the aim of this regrouping is to increase focus on supporting the “Dogecoin Ecosystem, Community, and promoting the future of the Dogecoin Blockchain.” What’s more, it will be announcing new projects on the DOGE blockchain in the coming weeks.

These will be focused on complementing its core wallet to enable faster integration and easier APIs (application programming interfaces) for financial, social, and charitable projects that wish to use Dogecoin.

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