What if the U.S. used DOGE to pay off its debt? Crypto analysts weigh in

With the unviability of the U.S. using DOGE to pay off its debt, WallitIQ emerges as a unique alternative.

In 2024, the U.S. national debt hit an all-time high of $34 trillion. Crypto analysts are considering what could happen to Dogecoin (DOGE) if the U.S. government used it to pay off this massive debt. This speculation has been a huge eye-opener on the limited use of DOGE, with WallitIQ (WLTQ) emerging as a unique alternative.

Dogecoin for the U.S. debt 

If the U.S. were to use Dogecoin to pay something as massive as $34 trillion, crypto analysts say this meme coin would lose its balance. First, it’ll likely send its price skyrocketing, then trigger extreme volatility and a massive crash. 

Investors would flood in, causing unpredictable price swings while global markets scramble to react. With its unlimited supply and meme-driven nature, Dogecoin lacks the stability needed for serious economic use like the U.S. debt.

WallitIQ: A player rising as a smarter alternative 

WallitIQ is an Ethereum-based platform that boasts real-world utility. Recently, the platform launched its crypto wallet management mobile app, highlighting its unique features. 

The WallitIQ app allows crypto investors to efficiently oversee their assets with a simulated ETH and U.S.DT wallet management feature. It also supports the simulated sending of these tokens to external addresses. The platform takes things further with the generated QR codes, making crypto payments easy and hassle-free. 

WallitIQ brings crypto payments closer to everyday life with simulated transfers for common purchases. The platform allows users to simulate paying for Starbucks coffee and Netflix subscriptions with their crypto assets. Users can easily track their spending and gain full visibility into their wallet activities with a detailed transaction history. 

WallitIQ also supports live price tracking for over 1,500 crypto tickers. The platform displays the tickers, their real-time pricing data, and price trends over one day, week, three months, and year. This feature adds a professional touch to the platform, allowing users to analyze market data and make better decisions.

Another impressive part of WallitIQ is how it prioritizes wallet security. The platform has completed a smart contract audit with SolidProof, a respected smart contract auditing agency. The beta platform will launch soon, leading to proper testing before the public launch. 

The platform’s native altcoin, currently rated at $0.0420, has received massive interest, with investors buying hundreds of millions of tokens and causing a spike in site visitors.

WallitIQ signals a new crypto era 

Using Dogecoin to settle the U.S. huge debt exposes the instability of meme-driven coins in severe financial systems. Crypto analysts agree that the future belongs to advanced altcoins like WallitIQ. The rapidly growing presale shows that savvy investors are already taking notice of this rising player, and a new crypto era is starting. 

For more information on WallitIQ, visit the website, Telegram, or X.