A new meme coin, Dogeverse (DOGEVERSE), has crypto traders buzzing in May. Having raised over $13 million in its initial coin offering (ICO), Dogeverse has traders wondering whether it could be the next Dogecoin-style token to take the market by storm.
Multi-Chain Meme Coin DOGEVERSE Takes Crypto Market By Storm
So what exactly is Dogeverse, and why is it generating such massive hype? The main reason is Dogeverse’s multi-chain approach. Unlike most meme coins that live on a single blockchain, Dogeverse focuses on full-scale interoperability. It will launch on six different chains, including Ethereum, Solana, and Base.
With minimal fees, traders can use cross-chain bridging tech like Wormhole to quickly move their DOGEVERSE tokens between these six chains.
On top of these blockchain-hopping capabilities, Dogeverse also has a staking app that allows token holders to earn passive rewards over time.
Right now, annual yields are quoted at 69% per year.
To give investors further peace of mind, the blockchain security specialists at Coinsult have comprehensively audited the project.
With all these features packed into one meme coin, it’s easy to see why Dogeverse is capturing the market’s attention.
In fact, Dogeverse’s Twitter page now has over 15,000 followers, while its official Telegram channel has just passed the 9,000-member milestone.
Dogeverse ICO Raises $13M Ahead of DEX Listings
The hype around Dogeverse has peaked after hitting the $13 million mark in its ICO.
Investors have been clamoring to get involved on the ground floor and secure tokens at the low price of $0.00031.
But the ICO window is now closing, meaning this is the last chance for traders to accumulate DOGEVERSE before the token makes its debut on the open market.
This is because the project’s roadmap outlines plans to list DOGEVERSE on DEXs very soon.
And the development team’s sights are set even higher from there, with hints that CEX listings could eventually be on the table.
Maintaining price stability after these listings will be crucial, so a solid 10% of Dogeverse’s total token supply has been earmarked for liquidity.
Equally important is building long-term brand awareness.
To do this, a whopping 25% of the supply has been reserved for a marketing war chest to ensure this meme coin maintains relevance over the long term.
So, from its well-structured tokenomics model to its exchange listing goals, Dogeverse is pulling out all the stops to put serious pressure on the meme coin competition.
Can Dogeverse Become the Next Dogecoin?
Can Dogeverse actually become “the next Dogecoin” in terms of capturing the market’s attention?
It’s an intriguing possibility that can’t be dismissed.
While Dogecoin still tops the meme coin market with a $21 billion market cap, Dogeverse’s presale price gives it a modest theoretical valuation of just $62 million.
However, this low valuation isn’t uncommon when it comes to new meme coins.
More importantly, Dogeverse brings unique use cases and functionality that OG joke tokens like Dogecoin lack.
Its multichain interoperability, staking rewards, and development roadmap showcase its intent to be more than just another vehicle for speculation.
Additionally, the changing crypto landscape means investors want to spread their meme coin exposure onto non-Ethereum blockchain ecosystems.
A prime example is the explosion in activity on the Solana network, with Solana-based meme coins now valued at over $7.9 billion.
While it’s definitely premature to crown Dogeverse as the next Dogecoin, all the ingredients seem to be there for success.
And all eyes are on the project to see if it can live up to investor expectations and become a household name.
Visit Dogeverse Presale
This is a sponsored brand spotlight content post. Learn how to reach our audience here. Read disclaimer below.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
There is no comment, immediately to comment!