Dogecoin Core Developer Bids Adios To The Project – Will This Hurt DOGE?

Ross Nicoll, a Dogecoin core developer, has announced his intention to back away from the meme-based cryptocurrency. His justifications? The coin-making process was too stressful for him, and he has no desire to be associated with a potential conflict of interest in the job. Dogecoin fell nearly 4% to $0.14 shortly after the news. For the uninformed, the Dogecoin Foundation is a not-for-profit organization dedicated to the growth of the meme coin. The foundation was re-formed in August after being created in 2014 but became inactive over time. Vitalik Buterin, co-founder of Ethereum, is a consultant at DF. Goodbye, Dogecoin Core Developer Role Nicoll stated in a blog post Thursday that he is “stepping away” from Dogecoin for a variety of reasons. Most notably, the stress is unbearable and he said he needs “to take a break to focus on myself for a period.” Nicoll stated in a LinkedIn message to CoinDesk that his resignation is “neither definitive or instantaneous.” “I want to be clear that this is a role change, and there will be a transition time. I’m not suddenly gone,” he pointed out. Related Reading | Litecoin Creator Praises Dogecoin, Can The Token Get Its Bark Back? DOGE total market cap at $18.76 billion in the daily chart | Source: TradingView.com Dogecoin Price Sluggish At the time of publication, DOGE was trading lower alongside other major coins, as the ...