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In a recent video, crypto Youtuber Zach Humphries delves into Dogecoin20, a new presale project inspired by the popular meme coin Dogecoin.
Zach Humphries stresses that Dogecoin20 doesn’t have a direct affiliation with Dogecoin, but it does possess some features that might potentially influence Dogecoin’s price.
The video showcases the recent surge in Dogecoin’s price, which has seen an increase of over 85% in the past month. Zach Humphries discloses that he recently included Dogecoin in his investment portfolio at around $0.15 and intends to hold it for the long term.
Shifting the focus to the main topic of discussion, Dogecoin20, Zach Humphries proceeds to offer insights into its features and objectives.
Dogecoin20 prepares for Doge Day launch after over $10 million raise
After raising over $10 million, Dogecoin20 is giving interested buyers another chance to purchase the token from its marketing allocation. Currently, $DOGE20 is priced at $0.00022. The meme coin will launch on April 20th, known as Doge Day in the crypto community, with its price determined by supply and demand.
Doge Day holds great importance, especially for meme coin fans. In 2023, the Dogecoin price jumped by 50% leading up to this day. Some market analysts predict that Dog-based meme coins will increase in value as April 20th approaches, especially since meme cryptocurrencies are sensitive to such events.
Analysts like Crypto Gains and ClayBro point out Dogecoin20’s staking program as a reason for their optimism about the new ICO. Through its Stake-to-Earn feature, Dogecoin20 users can grow their investments, following the “make your money work for you” idea endorsed by finance experts.
Stakers of Dogecoin20 can earn a 79% APY, but this rate will decrease as more tokens are staked. Currently, a significant amount of $DOGE20 has been placed in the staking pool, showing a strong demand for earning more tokens.
Dogecoin20 has a fixed supply of 140 billion tokens, arguing that it offers a better tokenomics model than Dogecoin’s infinite supply. 25% of $DOGE20 tokens were allocated to the ICO, marketing, and project treasury, with 15% designated for staking rewards and 10% for exchange liquidity.
$DOGE20 is also an ERC-20 token, allowing storage and trading using popular Ethereum-based wallets like MetaMask. For comprehensive instructions on how to buy $DOGE20, please refer to our detailed guide.
Dogecoin20 presale project boasts transparency
Dogecoin20 (DOGE20) has a clear roadmap to become one of the most successful meme coins. Apart from key factors contributing to its potential, it’s worth noting that this meme coin stands out for its mission—it’s an eco-friendly coin blending tradition with innovation.
Environmental consciousness is increasingly vital across various domains, including the crypto sphere. Dogecoin20 embraces this eco-friendly trend by adopting Proof-of-Stake instead of Proof-of-Work.
Being an eco-conscious token with a mission, Dogecoin20 (DOGE20) is driven by the philanthropic idea of “Do Only Good Everyday.” It’s gaining prominence as a promising meme coin, acknowledged not only by crypto enthusiasts but also by major news outlets like CoinDesk, Bitcoinist, Crypto News, and others.
Furthermore, the credibility of this meme coin project is reinforced by Coinsult’s verification, confirming no security issues or risks within the Dogecoin20 smart contract. You can verify this by visiting the official website and clicking on the Audit section.
This adds another reason to act swiftly and join the Coinsult audited Dogecoin20 token presale as soon as possible. Check out our $DOGE20 price prediction for insights on its future value.
Could Dogecoin20 be the next big meme coin?
The unpredictable nature of meme coins makes it difficult to predict Dogecoin20’s success. However, there are several reasons why this ICO appears promising. For instance, it has already raised over $10 million in just a week, indicating strong interest from value-seeking traders.
https://twitter.com/DOGE_COIN20/status/1772679064219685060?s=20
This buzz surrounding the upcoming launch is generating excitement and a fear of missing out as it prepares to debut on an exchange. Additionally, the current timing is opportune for new projects like this to enter the meme coin market.
With the entire meme coin market valued at $67 billion, even a small share of it could significantly boost the price of $DOGE20. Moreover, its association with Dogecoin ensures instant recognition, and its improvements over Dogecoin provide the community with compelling reasons to support it.
Lastly, the project’s innovative tokenomics strategy sets the stage for long-term success, positioning Dogecoin20 as a pioneer in meme coin innovation. To take part in the $DOGE20 presale, visit dogecoin20.io.
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