In 2021, Dogecoin has emerged as an unlikely winner in the cryptocurrency space, and hence, it was no surprise that the AppSwarm Inc (OTC: SWRM) stock soared yesterday following its particular announcements.
The company announced that it is going to launch Dogelabs.io which will enable the development of commercially viable applications that leverage the Dogecoin blockchain. It is a significant announcement from the company, especially at a time when Dogecoin is rallying again. The announcement resulted in considerable optimism among investors and the AppSwarm stock soared by as high as 127%.
In addition to applications, the new project is also going to work on seminars, blockchain-related workshops, and research. In this way, the company is possibly looking to build a robust ecosystem around Dogecoin. AppSwarm also possesses advanced video conferencing capabilities and the company hopes that those capabilities will help it brings together developers from all over the world into one place.