How to Buy Dogecoin20 – DOGE20 Presale Review

Update – the DOGE20 presale has now sold out, and its Uniswap listing set for April 18 at 10:00 UTC.

Dogecoin20 is a newer version of the much-loved Dogecoin that establishes the domain of “doge” on the Ethereum blockchain.

Created to promote and enhance the relevance and utilities of meme coins, Dogecoin20 — an ERC-20 version of the meme coin leverages meme coins’ appeal and combines it with long-term perks like staking.

Currently live as a presale, Dogecoin20 has raised more than $8.2 million in early investments. This guide covers the topic of how to buy Dogecoin20 and gives a complete breakdown of why it may be a good investment.

Buy Dogecoin20

What is Dogecoin20?

Dogecoin has always been a leading meme coin. Even now, it is the biggest meme crypto by market capitalization that currently stands at $23.3 billion. The project’s appeal on social media is high, and many appreciate the philanthropic movements it has started.

However, being a proof-of-work token, it has key shortfalls that stop it from realizing its full potential. Digcoinomist reports that its annual power consumption is 2.32 TwH, which is comparable to Gabon. Also, its annual carbon footprint is comparable to that of Macau.

These detriments deter eco-friendly crypto seekers from diving into Dogecoin’s ecosystem. Another big issue is DOGE’s inflationary nature. The constant emission of DOGE every year means the chances of its value going down are high. So far, Elon Musk’s interest has been the only factor keeping its price relevant.

Dogecoin20 is a meme coin that addresses these shortcomings. It gives users a sustainable, deflationary asset with long-term perks.

Dogecoin20’s sustainability comes from its origin on the Ethereum blockchain. The token’s limited supply of 140 billion makes it a deflationary crypto and its staking program offers long-term staking perks.

It embraces the ethos on which Dogecoin was built and has dedicated a portion of its supply to charitable causes. Overall, Dogecoin20 is a project that offers more perks than Dogecoin while paying homage to the godfather of meme coins.

How to Buy Dogecoin20 – Complete Guide

Here is a step-by-step guide to buy Dogecoin20 via its ongoing presale:

Step 1 – Go to the Official Website

Use the affiliate link to visit the official Dogecoin20 website – dogecoin20.com. Using the right link is necessary since the current success of its presale will likely bring many copycats to the surface.

Step 2 – Make sure your wallet has ETH/USDT

Go to a reputable cryptocurrency exchange like Binance and buy ETH or USDT to swap them for DOGE20. BNB is also an option, but it doesn’t offer staking perks.

Step 3 – Connect your wallet

Return to the official website and click on the “Buy Now” button. Pick a wallet using the WalletConnect option. In case you don’t have a wallet, click the “I don’t have a wallet” option and download one. Our recommendation is Metamask. It is easy to use and does support Dogecoin20.

Step 4 – Buy Dogecoin20 and stake it

Enter the number of DOGE20 tokens you want to buy. The act of buying will automatically stake the tokens if you’ve chosen to make the swap using ETH or USDT.

Step 5 – Claim your Dogecoin20 Tokens

Once the presale concludes, you can claim your DOGE20 tokens straightaway. However, Dogecoin20 also offers the option to keep your tokens staked for longer for more gains.

Buy Dogecoin20

Dogecoin20 Project Analysis

Dogecoin20 is a green crypto that provides a different Dogecoin alternative and is brought to the Ethereum blockchain to empower it with on-chain staking perks.

The project’s main goal is to follow the ethos of “do-only-good-everyday” and make the meme coin ecosystem better by adopting a more sustainable approach.

Using its meme-based approach, Dogecoin20 aims to entice short-term gain seekers. Through on-chain staking, it aims to make meme coin space more attractive to investors looking for long-term cryptocurrency investments.

In addition to adopting staking and leveraging its meme coin roots to gain virality, Dogecoin20 is also moving forward with more philanthropic goals by using a portion of the total supply to charitable causes. That attribute makes it similar to the traditional DOGE.

Dogecoin20 Staking

The staking methodology that Dogecoin20 has adopted is similar to other recently launched meme coins. The portion of DOGE20 tokens kept for staking rewards will be paid out to users every single block over a 2-year period.

Per the whitepaper, Dogecoin20 will calculate the rewards based on the tokens you’ve staked and the current annual percentage returns.

As a result, those who stake their tokens during the ongoing presale, which is the earliest time to join Dogecoin20, will earn the greatest APY returns. At press time, the estimated rewards stand at 119%, and 6751 DOGE20 tokens will be released per ETH block.

Staking Allocation

Staking rewards for Dogecoin20 tokens, which account for 15% of the total supply, are divided into two parts. 12.5% of the staked tokens will be paid out during year 1, and the remainder (2.5%) will be given to the holders during year 2. This makes Dogecoin20 one of the best staking coins in the market.

Focusing on Nobel Causes

Dogecoin20 has described itself as more than a meme coin but a force for good. Inheriting the spirit of its Doge lineage, Dogecoin20 aims to channel its digital influence to support charitable initiatives, community projects, and noble causes.

Although the project has yet to reveal its charity initiatives, if it follows the same path as its inspiration, we may see something similar to Dogecoin-for-Shelter charity programs.

Dogecoin20 Tokenomics

The Dogecoin20 tokenomics has been designed to create a sustainable ecosystem prepped for future growth. Here is a look at the token allocations of this future-focused crypto.

Presale – 25%

A significant portion of the 140 billion of the tokens are part of the ongoing presale. This presale gives users access to an equitable entry point. By buying the crypto at the lowest available price, investors can make the highest gains from any uptrends that arrive in days to come.

Marketing – 25%

Since Dogecoin20 is a meme coin, most of its growth is reliant on social media marketing. Therefore, the team has dedicated 25% of the total supply to marketing. During Dogecoin20’s ongoing presale, investors must expect crypto giveaways and airdrops.

Treasury – 25%

Dogecoin20 has dedicated 25% of the total supply to the treasury to support the project’s long-term sustainability and development. A portion of the treasury will also go towards setting up charitable initiatives.

Staking – 15%

Through staking, Dogecoin20 investors will be incentivized to hold their DOGE20 tokens to sustain the ecosystem and keep it stable. Long-term holding will bring bigger APY rewards while limiting the circulating tokens to bolster their scarcity, which can boost Dogecoin20’s price.

DEX Liquidity – 10%

10% of the total supply of Dogecoin20 is dedicated to liquidity on decentralized exchange. It will help keep the DOGE20’s price stable, enhance people’s trading experience, expose Dogecoin20 to more users, and make market operations smoother.

Dogecoin20 Roadmap

Dogecoin20 has established six phases of its roadmap.

Phase 1: Presale and Marketing

This is the current phase of Dogecoin20. The whitepaper indicates that the multi-stage presale has a hard cap of $10,068,663. Designed to provide a level playing field to all investors, the presale is supported by a well-crafted marketing strategy. Expect giveaways to come soon during this phase.

Phase 2: Early Staking Incentive

Those who invest in the presale will have a chance to stake their tokens directly into the smart contract before the listing day. Staking early will give users the highest possible reward, combining the APY gains with the listing pump that will likely arrive once the token goes live on cryptocurrency exchanges.

Phase 3: Claiming the Presale Token

Once the presale concludes, it will go live on Uniswap and allow users to claim their tokens. The equal distribution of tokens will ensure that all investors are treated equally.

Phase 4: DEX Launch on Uniswap

The presale’s conclusion will coincide with Dogecoin20’s DEX launch. Going live on the largest decentralized exchange will expose the token to more investors. Furthermore, Dogecoin20’s arrival as an IDO will also bolster more participation.

Phase 5: Liquidity Allocation

10% of the total supply will be added to the liquidity pool to stabilize Dogecoin20’s economy. Per the whitepaper, liquidity allocation will keep the trading volumes stable and minimize volatility.

Phase 6: Long-Term Staking and Passive Rewards

Dogecoin20’s long-term staking contracts will be activated, giving later users a chance to earn more through APY. This passive reward model can be trusted as it follows the original Dogecoin’s emission schedule.

Dogecoin20’s official whitepaper also talks about a future where the meme coin will have more utility. It is likely that it may end up like Shiba Inu, a project with a gaming ecosystem as well as its own decentralized exchange.

Is Dogecoin20 a Good Investment?

Here are the reasons our experts believe that Dogecoin20 is a good investment:

It is a Meme Coin

Dogecoin20 is a meme coin inspired by one of the biggest meme coins in the market, Dogecoin. It can leverage that similarity to gain from the traction DOGE gets and increase its value. Furthermore, being a meme coin also makes Dogecoin20 susceptible to meme coin mania, a term coined in 2023 to describe a phase during which most meme coins start to make parabolic gains.

Another big factor is Elon Musk. His words often move the price of Dogecoin. Dogecoin20 may also benefit from the Tesla founder’s good words.

Green Cryptos are Rising

Dogecoin20 is giving a greener version of Dogecoin by being active on the Ethereum blockchain. That makes Dogecoin20 more attractive to investors looking for a green asset to invest in.

It has Long Term Perks

Through the addition of staking, Dogecoin20 is introducing a long-term perk to a meme coin ecosystem. This will incentivize long-term holding for those looking for bigger APY rewards.

Additionally, since the staking distribution has been set up for two years, Dogecoin20’s ecosystem can receive multiple developments. In the days to come, more utilities may also arrive for this project.

It is a Multi-Staged Presale

Dogecoin20 is a multi-staged presale, allowing early investors to make high ROI even before the token goes live. Due to this, leading investors have often favored crypto presales. The project’s presale pace indicates that investors are interested in what Dogecoin20 has to offer.

It is an Audited Project

Dogecoin20 is an audited cryptocurrency project, which adds to its legitimacy. The audit results state that the owner cannot mint the project, it doesn’t have a honeypot, and the developers cannot set fees. By all accounts, Dogecoin20 is fully community-centric.

Dogecoin20 Price Prediction

During the current presale phase, Dogecoin20 is valued at $0.000209. So far, 14 out of the 16 rounds have been successfully completed. In fact, the fifteenth round will come to a close in the next few days.

Since the price of the token is expected to rise to $0.000210 in the last stage, investors who miss out on the current round will have to pay more to buy DOGE20.

It is likely that by the presale’s conclusion, the project will have enough marketing done for it to fuel its growth by 10x or even 100x. However, DOGE20’s price action will also depend on the upcoming Bitcoin halving.

The halving may lead to volatile price action, which will massively impact meme coins. If the market goes bullish and BTC reaches a new all-time high, DOGE20’s price may go up. The reverse can also be true.

The Verdict

In this guide, we explained how to buy Dogecoin20 and gave our own analysis of this project. A staking meme coin, Dogecoin20’s green spin on DOGE is a good move to generate more interest. It can use Dogecoin’s virality to increase its price, and its staking perk can offer long-term holding perks.

Those who want to invest in DOGE20 can visit its official website – dogecoin20.io – today.

Buy Dogecoin20

FAQs

Related:

• How to Buy Cryptocurrency safely this year