New data reveals that meme token Dogecoin (DOGE) is one of the fastest crypto assets at decreasing carbon emissions.
According to a new report by foreign exchange data aggregator Forexsuggest, Dogecoin is the third-fastest digital asset at lowering its carbon footprint as it slashed its emissions by 25% in 2022.
“Dogecoin has seen a 25% decrease in its annual CO2 emissions. Throughout 2021, the cryptocurrency emitted 1,423 tons of emissions. This has now been reduced to 1,063 tons in 2022.”
The report finds that awareness of the environmental impacts of trading crypto assets has risen recently, highlighting the high-profile case of Tesla CEO Elon Musk, who flipped his stance on Bitcoin (BTC) after investing in it, announcing that the electric vehicle giant would no longer