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Dogeverse presale hits $12m, poised to transform memecoin market

Release: 2024/05/01 02:34 Reading: 550

Original author:crypto.news

Original source:https://coinmarketcap.com/community/articles/66310e5f4223f63af0c7ce49

Dogeverse presale hits $12m, poised to transform memecoin market

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Dogeverse: A Dogecoin-Inspired Meme Coin Raising Millions

Dogeverse, a new Dogecoin-inspired meme coin, has raised over $12 million in its presale, positioning itself as a significant player in the evolving meme coin landscape.

Presale Success

Priced at $0.000304 per token, investors have purchased $12,540,715.17 worth of DOGEVERSE tokens at the time of writing. The project team is targeting $13,641,842 during this stage of fundraising, which it will likely hit in the coming days.

Multi-Chain Compatibility

Unlike other dog-focused tokens like WIF (Solana) or Floki (ERC-20), Dogeverse is available on multiple blockchain networks. Including Solana and Ethereum, Dogeverse is accessible on Binance Smart Chain, Avalanche, Polygon, and Base, with more network integrations planned.

This multi-chain approach aims to create an interconnected "universe of doge lovers" that enables community engagement, rewards for holders, and a creative ecosystem within the volatile world of cryptocurrency.

Tokenomics and Staking Rewards

Dogeverse has a total supply of 200,000,000,000 tokens. The distribution is as follows:

  • 25% for project development
  • 25% for marketing and community building
  • 15% for presale
  • 10% for ecosystem
  • 10% for staking
  • 5% for future exchange listings

One major attraction for investors is Dogeverse's staking rewards. At the time of writing, an annual percentage yield (APY) of 89% is available to stakers. Of the 30 billion tokens allocated for the presale, 18,057,756,933 have already been staked.

Project Roadmap

The project has been divided into 5 phases:

  • Phase 1: Website launch and social media creation (completed)
  • Phase 2: Presale (to be completed)
  • Phase 3: Marketing and exchange listings
  • Phase 4: DEX listings and research tools
  • Phase 5: Centralized exchange listings and community incentives

To learn more, visit the Dogeverse presale website. Follow Dogeverse on Twitter and Telegram for updates on its progress.

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