What HKDOGE Is Doing Makes No Sense, But It’s Doing It Right

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What HKDOGE Is Doing Makes No Sense, But It’s Doing It Right
What HKDOGE Is Doing Makes No Sense, But It’s Doing It Right

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While the meme coin sector of the crypto industry originally blew up in mid-2021, it is still going strong two years later, in 2023.

In fact, meme coins have been emerging every other day lately, with the newest arrival being HongKong Doge (HKDOGE).

The project recently held a presale on PinkSale, and it immediately started blowing up. According to the project’s Twitter updates, it managed to raise 500 BNB in only 2 hours.

What do you need to know about HongKong Doge?

HongKong Doge (HKDOGE) is a new project whose finance is building MemeFi for meme tokens.

It intends to start the meme revolution and have meme tokens that would help bring liquidity and DeFi to all meme-related cryptocurrencies.

It calls itself the unified collective and community for protecting humanity’s good, privacy, and freedom. It further says that

Each of us is responsible for arcthitecting the future of the world.

Through our combined efforts, we can be a harmonious and collaborative community that helps society revert back to a decentralized world that creates freedom, fairness, and equal opportunity for every citizen regardless of race, status, or wealth.

Later on the same day, HKDOGE announced that its presale had more than 2,000 contributors and that they raised over 730 BNB, making it the top project on PinkSale.

The maximum buy was 0.48 BNB, and some of the attributes that made the project so popular and desirable include the fact that it was a no-team token, it was audited, with LP locked for 1 year, no mint function, and more.

In under a day, the project became the top trending cryptocurrency on PinkSale, reaching a 24h volume of $712,440.

By June 5th, the project also became the top trending cryptocurrency on DexView, with 5,000 holders in 10 hours, $1 million volume, and support from numerous influencers.

It also announced CMC and CG listings.

The listing on CoinMarketCap took place mere hours later. However, for the moment, the project is still not on CoinGecko, although this listing is also likely to come in the near future.

A new rising star among meme coins

HongKong Doge (HKDOGE)’s approach has been a huge success, placing it among some of the most successful token sales that the crypto industry has seen in years.

Right now, users can also purchase it on PancakeSwap using BNB. The project prides itself on having zero taxes, so users do not need to worry about buying with a specific slippage.

Of course, this is not the case when it comes to market volatility when slippage use might get back into play.

HKDOGE has a supply of 420.69 trillion units, and at the time of writing, its price sits at $0.0000000015.

Its market cap currently sits at $633,785, and its 24h volume has climbed up to $1.2 million.

For the moment, the project ranks as the 2,804th-largest cryptocurrency by market cap, although this could change in days to come if the token’s growth continues.

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