**Speculation that Dogecoin would switch from Proof of Work to Proof of Stake caused the cryptocurrency to plummet. The Shina inu who created the meme is likewise losing ground. A proposal will be put up for a switch to Proof of Stake, according to the Dogecoin road map released by the coin foundation in December 2021. This choice will be determined by the community, not the foundation, according to a recent clarification from one of Dogecoin's developers.
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