Price: $0.40266 6.1934%
Market Cap: 59.15B 1.801%
Volume (24h): 10.96B 0.4%
Dominance: 1.801%
Price: $0.40266 6.1934%
Market Cap: 59.15B 1.801%
Volume (24h): 10.96B 0.4%
Dominance: 1.801% 1.801%
  • Price: $0.40266 6.1934%
  • Market Cap: 59.15B 1.801%
  • Volume (24h): 10.96B 0.4%
  • Dominance: 1.801% 1.801%
  • Price: $0.40266 6.1934%
Home > Information news > Dogecoin Down By 5%; The New Doge-Themed Meme Raises Over $5 Million In Presale

Dogecoin Down By 5%; The New Doge-Themed Meme Raises Over $5 Million In Presale

Release: 2024/04/18 02:28 Reading: 785

Original author:Thecoinrepublic.com

Original source:https://coinmarketcap.com/community/articles/66200829516515318f7eaedb

Meme coins continue to capture the imagination and investment of the public. While Dogecoin has seen a recent dip of 5% in its value, a new contender has emerged with significant momentum. The same Shiba Inu meme has inspired this project, gaining fame as the Dogeverse ($DOGEVERSE). This new meme coin has raised an impressive $5 million in its initial presale phase.

The Current State of Dogecoin and Its Investment Opportunity

There has been a lot of discussion lately on Doge Day, which is coming up on April 20. The rise of several meme coins might be possible after that date. For many cryptocurrency fans, Dogecoin is the first cryptocurrency that comes to mind when discussing Doge Day. $DOGE, though, doesn’t seem like the most promising choice at this moment.

For a while now, $DOGE has been struggling with notable price swings. Not even the excitement surrounding Doge Day could save $DOGE from this predicament. Over the last week, the situation has gotten considerably worse. The price of $DOGE has dropped by more than 20%!

$DOGE has a maximum expected value of roughly $0.1896 in 2024 and a current value of $0.1557. It isn’t the ideal choice for investors. Fortunately, supporters of meme coins with dog themes have discovered an amazing substitute. They got a new meme coin that has the potential to eclipse $DOGE and numerous other meme coins!

>>>Buy Dogeverse now<<<

Dogeverse: The Next Big Meme Coin

Among fans of meme coins, dog-themed coins are quite popular. However, it seems like you’ve seen them all when you come across one dog-themed meme currency. That’s not the case though. The cryptocurrency community is now richer for a unique dog-themed meme coin. Thanks to the launch of Dogeverse ($DOGEVERSE), a new meme coin sensation, they got one.

The first multi-chain dog-themed meme coin, called Dogeverse, may soon take off! This meme currency raised over 4.6 million dollars in a week and over a million dollars in a matter of seconds. Dogeverse is emerging as the next potential viral sensation in the meme coin sector, paralleling Dogecoin’s early days. 

Multi-Chain Functionality as a Versatile Approach to Meme Coins

What sets Dogeverse apart is its multi-chain functionality. This meme coin is not restricted to a single blockchain but is designed to operate across various platforms. Those blockchains include Ethereum, Solana, and Avalanche. 

This approach broadens its potential user base and enhances its utility and potential for integration into diverse digital ecosystems. With recent surges in the popularity of base meme coins such as DEGEN and BRETT, Dogeverse is strategically positioned to capitalize on this growing trend.

Distribution of Resources and Dogeverse’s Reach

One of Dogeverse ($DOGEVERSE)’s most remarkable features is its well crafted tokenomics. Resources are allocated here very carefully and almost precisely, making growth and expansion the top priorities.

There are only 200 billion tokens in the whole supply of $DOGEVERSE. They have all been properly dispersed to encourage ecosystem growth.

Of the 200 billion, thirty billion, or fifteen percent, have been designated for Early Supporter Allocation. This basically indicates that 30 billion tokens have been reserved by $DOGEVERSE for those who have supported them since the beginning in recognition of their noteworthy work.

Explosive Start and Viral Potential

It’s obvious that a new coin has the potential to be the next big thing in cryptocurrency when it generates more than a million dollars in a single day. Not only did Dogeverse raise that much in a single day, but it also achieved a remarkable $6 million over the course of the following few days. Dogeverse can now proudly claim to have raised over $5 million!

Within hours of its launch, Dogeverse had already garnered over $250,000 in investments, signaling strong market interest and the potential for rapid growth. This robust start is a testament to the coin’s compelling concept and the community’s eagerness for new meme-driven investment opportunities. 

The expectation is that Dogeverse will not only follow in the footsteps of its predecessors but also carve out a unique niche in the crypto space.

>>>Buy Dogeverse now<<<

The Anticipated Meme Coin Frenzy in April

April is shaping up to be a pivotal month for the cryptocurrency market, particularly with the upcoming Bitcoin halving event. This event traditionally creates market volatility and increased interest in alternative coins. Dogeverse is poised to benefit from this heightened attention.

 Combined with the celebration of Doge Day, the conditions are ripe for a meme coin frenzy, with Dogeverse leading the charge.

Don’t Miss The Opportunity to Get Dogeverse Before Doge Day

The demand for meme coins with dog themes is rising as Doge Day draws near. Coins having the most potential for rapid value growth are the most well-liked. Dogeverse is a meme coin with the potential to grow up to 100 times in value in this regard! 

The yearly “Doge Day” on April 20 is quickly approaching, which is one of the reasons why people are starting to become excited again about meme coins. It appears that Dogeverse is in a good position to capitalize on this buzz and draw in “crypto enthusiasts” worldwide.

>>>Buy Dogeverse now<<<

The Rise of Dogeverse Amidst Dogecoin’s Decline

As Dogecoin struggles with a temporary setback, losing 5% of its value, Dogeverse is rapidly ascending as the new star in the meme coin universe. With its innovative multi-chain approach and strong community backing, 

Dogeverse is not just a fleeting trend but a burgeoning force in the cryptocurrency world. As we move closer to Doge Day and witness the unfolding impact of the Bitcoin halving, all eyes will be on Dogeverse to see if it can truly become the next meme coin to capture the crypto community’s heart and investment.

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

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