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The Dogeverse presale ends in just a few weeks, with many whales buying in, raising significant funds, and preparing for an initial exchange offering.
Leading cryptocurrency analysts have taken an interest in the first multi-chain meme coin, which has already raised over $15 million.
Could $DOGEVERSE become the next $DOGE? What factors are driving the outperformance of altcoins compared to major ones? Let’s delve into the reasons.
Dogeverse pioneering multi-chain technology for crypto tokens
Dogeverse (DOGEVERSE) pioneers as the first token to operate across multiple blockchains, providing a significant advantage for its expanding user base. Leveraging advanced Wormhole and Portal Bridge technologies, Dogeverse liberates itself from dependence on a single blockchain.
This feature empowers users with swift and seamless transitions across various chains. Presently, it is active on six major blockchains, including Ethereum, BNB Chain, Polygon, Avalanche, Base, and most recently, Solana.
Each blockchain within Dogeverse’s network brings distinct advantages. Commencing on Ethereum was a strategic move, capitalizing on its widespread adoption and robust security, aligning perfectly with Dogeverse’s multi-chain expansion strategy.
One small step for man, one giant leap for multi-chain. 🌕#Memecoins #Solana #Altcoins #Ethereum #Crypto #MemeCoinSeason2024 #Web3 pic.twitter.com/bbKMU5qtA4
— DogeVerse (@The_DogeVerse) May 14, 2024
Consequently, Dogeverse users can transition between chains effortlessly and securely, leveraging Ethereum’s reliable framework. BNB Chain shines with its minimal transaction fees, while Polygon enhances scalability.
Avalanche ensures swift transaction processing, Base emphasizes user confidentiality, and Solana offers a compelling mix of high performance and cost-efficiency. This adoption of multi-chain functionality marks a significant advancement for the cryptocurrency market, particularly within the meme coin sector.
It underscores Dogeverse’s commitment to innovation and its position at the forefront of the ever-evolving digital asset landscape.
Over $15 million raised for Dogeverse ahead of DEX launch
The excitement surrounding Dogeverse’s ICO has been remarkable. In just over a month, the project has raised $15 million from retail investors – and there’s still an opportunity for newcomers to join in. Currently, during this stage of the ICO, $DOGEVERSE tokens are priced at $0.00031 each.
However, this price is likely to change soon as the token sale enters its final phase. Once the ICO concludes, Dogeverse’s team has indicated that its initial DEX listing will follow shortly to meet investor demand.
To ensure liquidity for this listing, 20 million tokens, equivalent to 10% of the total supply, have been set aside. While developers haven’t dismissed the idea of pursuing CEX listings in the future, such decisions will depend on Dogeverse’s performance post-launch.
Initially scheduled to end on June 11, the ICO is now anticipated to close earlier due to overwhelming demand. The additional funds, originally earmarked for exchange sales, will now bolster liquidity for secure trading and support buy-back initiatives.
Presently, the team’s primary focus is on swiftly introducing Dogeverse’s multi-chain capabilities to the public. Potential investors can visit our guide on how to buy Dogeverse tokens here.
High APY staking with Dogeverse
Community focus is pivotal within meme coin culture, and Dogeverse is elevating this aspect by dedicating 10% of its total supply to community staking rewards. Investors holding $DOGEVERSE tokens have the opportunity to stake them on Ethereum to earn passive rewards, enhancing the project’s value proposition.
Presently, stakers can earn a 57% APY, though this rate will decrease as the staking pool expands. Additionally, the team has allocated 15% of the total supply to the presale, 25% to project funds, 10% to exchange liquidity, 25% to marketing, 10% to ecosystem funds, and 5% to exchanges.
By integrating cross-chain interoperability with passive income opportunities, Dogeverse’s team aims to propel meme coins to new heights. You can explore the potential future of Dogeverse through our $DOGEVERSE price prediction.
YouTube influencers fuel Dogeverse presale hype
Dogeverse has garnered endorsements from prominent figures in the cryptocurrency realm, attracting attention from several popular YouTubers.
Notably, ClayBro, with over 128,000 subscribers, expressed in a recent video that Dogeverse could experience a surge upon its entry into the open market. He commended the token’s blend of amusing visuals and genuine utility, seeing it as a potential game-changer.
Similarly, Crypto Gains, addressing his 130,000 subscribers, lauded Dogeverse’s substantial funding raise during its ICO. He suggested that this could lay the groundwork for significant momentum in the weeks following the token’s launch.
The endorsements from ClayBro and Crypto Gains have sparked significant excitement on social media platforms. This amplifies the project’s credibility and expands its market exposure, with prominent cryptocurrency media outlets such as The Economic Times, CryptoPotato, and Coinpedia covering the presale.
Ultimately, whether Dogeverse can realize its ambitious vision remains uncertain. However, it’s undeniable that the creators have tapped into a palpable demand for meme coins that offer more than mere amusement.
To participate in the $DOGEVERSE token presale, visit thedogeverse.com.
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