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Memecoins

Memecoin Dogeverse nears listing after raising $15 million in presale

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Memecoin Dogeverse nears exchange listing after raising $15m in presale

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

Dogeverse presale raises over $15 million, paving the way for its highly anticipated exchange launch.

The trend Dogevers the pre-sale raised more than $15 million, and now all eyes are on its stock market launch. Its total surge makes it one of the most successful presales of 2024, but that’s no surprise given the market-wide memecoin frenzy and Dogeverse use case.

Dogeverse brings something new to the space

Memecoins have been the hottest trend in crypto this year, and the industry’s market cap currently stands at $54 billion. Many projects have seen breathtaking growth, with projects like Pepe and Floki up over 500% this year, while projects like Bonk and Dogwifhat have generated even more gains in recent quarters.

However, prominent memecoin trader Ansem speculate that the meme coin narrative will continue to accelerate, comparing it to the performance of layer 1 cryptos like Solana over the last cycle. But even though the outlook for the coin market is promising, the recently launched Dogeverse is shaping up to be one of the main competitors.

Indeed, Dogeverse is the first doge-themed cryptocurrency to go multi-chain. Through this effort, the project’s potential to attract community and liquidity increases by orders of magnitude.

According to his white paperDogeverse will leverage Wormhole and Portal Bridge technology to launch on Ethereum, Solana, Base, Avalanche, Polygon and BSC.

This effort encapsulates the essence of meme culture, providing a beacon behind which investors can unite, regardless of which blockchain they use.

In addition to its interoperable approach, Dogeverse has developed a staking layer to reward users who stake their tokens. There is currently a 55% APY on offer, but this will decrease as more tokens are staked, incentivizing early adopters.

Indeed, given Dogeverse’s promising use case, it’s no surprise that over 29 billion tokens are already staked.

Dogeverse presale attracts analysts and media heavyweights

With over $15 million raised, the Dogeverse presale is turning the heads of major analysts and media outlets. For example, YouTubers like ClayBro predicted that Dogeverse could grow 10x after its initial exchange offering (IEO).

Meanwhile, Cilinix Crypto has covered the project on several occasions. His most recent video covered the token’s highly anticipated exchange launch and indicated that he had invested in the presale.

Major media outlets including CryptoPotato, Investing.com, and WatcherGuru also covered the ICO. This reflects widespread interest in the project while providing greater visibility and paving the way for post-IEO success.

The Dogeverse buzz is also visible on social media, with over 18,000 followers on X and 11,000 members in its Telegram band. But these measures are not without merit. For example, the Dogeverse X account features witty and provocative memes, cultivating a remarkable narrative that sets it apart from other meme pieces.

The Dogeverse presale has become a fan favorite so far and its IEO looks very promising. However, as the project moves towards its exchange launch, traders have little time to purchase DOGEVERSE at a discounted pre-sale price.

To learn more, visit the Dogeverse presale.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Memecoins

As Meme Coins Rise, Will DOGE and SHIB Increase 2X?

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Top Analyst Says Meme Coins Delayed Altcoin Season by Overshadowing “Good Altcoins”

As the altcoin market’s bullish trend accelerates, meme coins are making a comeback. Amid the recovery, the bull run of major coins like DOGE and SHIB presents long opportunities.

As community-driven coins quickly gain momentum, the upside potential is lucrative for secondary traders. Will rising DOGE and SHIB prices lead to a 2x increase this month?

As DOGE Holds on to $0.12, Will This Meme Coin Skyrocket?

After the bearish reversal from $0.22, DOGE price action creates a resistance trendline and a trend lower. As the fall tests the $0.125 strong demand zone, the reversal chances could rebound soon.

Trading View

Currently, DOGE price is trading at $0.1252 with an intraday gain of 2.71%. Additionally, price action reveals a break below the 61.80% Fibonacci level, warning of a crash below the psychological $0.10 mark.

However, the intraday gain and weaker price rejection provide a potential bullish reversal opportunity. Despite the bearish context, the meme coin offers an upside potential of 20% to reach $0.1486.

Will SHIB Price Reverse the Negative Cycle for a 30% Upside?

After the rise in early March, the SHIB price trend fails to maintain the upward momentum. The lack of zeal causes the channel to decline in the daily chart and causes the Shiba Inu price to fall by 48% over the last 100 days.

Trading View

Currently, SHIB price action reveals a lower lower formation with the breakout of the psychological mark of $0.000020. Additionally, the meme coin is trading at $0.0000188 with an intraday gain of 4.37%, creating a bullish candle above $0.000018.

A potential retest of $0.000020 could increase the chances of an uptrend if it appears above the psychological mark. In such a case, an early reversal of the negative cycle may retest the overhead resistance trendline near $0.00002470.

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Memecoins

Trump-Inspired Memecoins Crash 30% After ‘Trump Coin’ Rumors

TokenTalk Staff

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Trump-Inspired Memecoins Crash 30% After 'Trump Coin' Rumors

The crypto industry has been a crucial topic in the campaign trail for the US presidential elections in November. This year, presidential candidates have embraced cryptocurrencies to garner industry support. As a result, the community capitalized on the momentum with Memecoins.

PolitiFi tokens, a new category of memecoin inspired by political figures, performed remarkably during this second quarter. Trump-inspired tokens became the talk of the town after the Republican candidate began supporting cryptocurrencies. However, these memecoins suffered a massive 30% drop in the last 24 hours.

An official DJT token?

On Monday, Pirate Wires account X announced the launch of a so-called official “Trump Coin.” According to the report, the token is allegedly run by Trump’s 18-year-old son Barron Trump. “According to conversations, Trump is launching an official token – $DJT on Solana, Barron in the lead,” the post read.

Mike Solana, chief marketing officer of Founders Fund and editor-in-chief of Pirates Wires, sharing a smart contract address apparently linked to the token. Additionally, he said he was “merely reporting” what he knew “via sources” and that he “did not speak directly with Trump.”

Likewise, Martin Shkreli claimed that the DJT token was real on an X Space. He then maintained his position, pointing to a friend’s “confirmation” of Barron Trump. In a post, the 17-year-old said: “$DJT IS THE ONLY REAL TRUMP TOKEN. »

CoinsBarron Trump’s BFF ‘confirms’ DJT’s authenticity. Source: Martin Shkreli on X

However, the crypto community remains skeptical on the authenticity of the memecoin. Several users pointed out various red flags surrounding the “official” token, including DJT’s X account.

One user pointed out that the official X account had a “strange” following list. This list includes controversial figure Andrew Tate, American streamer Adin Ross and Shkreli.

Additionally, crypto analysis company Bubblemaps revealed that 67% of the token supply was in a single cluster. Raydium Concentrated Liquidity is the largest stock, accounting for 43% of the supply.

Many community members expressed their concerns with humor. Some users have suggested that serial scammer Sahil Arora, responsible for several celebrity memecoins rugs, orchestrated the symbolic launch. Others questioned whether the launch’s inconsistencies made it “more or less likely” that it was a Trump family business venture.

CoinsThe crypto community is sharing memes about the token launch. Source: Exit on

At the time of writing, no official sources have confirmed Trump’s involvement in the DJT token.

Trump Memecoins Fall

More than a month ago, the former American president declared he was “good” with cryptocurrencies and wanted to make it a “robust” industry with clear regulations. At the time, Trump-inspired memecoins soared more than 63% following his statements. Additionally, the PolitiFi sector has exploded, with tokens like BODEN increasing by almost 30%.

However, the story is different this time as rumors about an official Trump token have negatively impacted memecoin performance. PolitFi tokens are reporting a 30% decline over the past 24 hours, with a market cap of $1.03 billion.

Trump-related tokens have been hit hardest in the sector. Many fell between 20 and 30% in the last day. MAGA (TRUMP), the largest token linked to the former US president, saw its price fall by almost 50% in four hours.

Following rumors of “Trump coin”, TRUMP abandoned from the price range of $10.8 to $5.6 before falling back below the $7 mark. At the time of writing, the token is trading at $6.94, a 38.7% retracement over the past 24 hours.

Likewise, Trump Mania (TMANIA), Super Trump (STRUMP), and Doland Tremp (TREMP) suffered a price decline of 35.2%, 20%, 37.6%.

Memecoins, TRUMP, TRUMPUSDTTRUMP performance in three-day chart. Source: TRUMPUSDT on Trading View

Featured image from Unsplash.com, chart from TradingView.com

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Memecoins

Ether and Meme Coins Lead Recovery as Bitcoin Remains Moderate

TokenTalk Staff

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Ether and Meme Coins Lead Recovery as Bitcoin Remains Moderate

The digital asset market marked on the rise during the European morning with Ether fetching $3,500. ETH is up over 4% in the past 24 hours, trading at $3,540 at the time of writing. The CoinDesk 20 Index (CD20) added about 1.6%. DOGE is up almost 3.5% after its Tuesday fall, while its compatriot SHIB is also up more than 3%. Bitcoin remains subdued, trading around $65,400, up 0.2% from 24 hours ago. U.S. spot Bitcoin ETFs saw additional outflows worth $152.4 million on Tuesday.

Wallets tracked by CryptoQuant show whales have sold over $1.2 billion worth of BTC in the last two weeks. These long-term bitcoin holders are showing few signs of a recovery in demand, indicating a continued lack of upside potential for the world’s largest cryptocurrency. “Traders are still not increasing their bitcoin holdings and growth in demand from large holders still lacks strength,” the analysts wrote. Market observers say crypto miners may increasingly turn to the booming AI sector rather than bitcoin to conduct their business, prompting people to sell their bitcoin rewards instead of trading them. keep. Both industries rely heavily on powerful computer chips to generate and store data.

Stocks linked to Bitcoin and cryptocurrencies are underappreciated and ripe for institutional adoption, according to broker Bernstein. While BTC and Bitcoin ETFs may have shown promise before disappointing In recent months, Bernstein has predicted the approval of ETFs by major wire companies and large private banking platforms in the second half of the year. Bitcoin ETF inflows are expected to accelerate in the third and fourth quarters, the report said, and the next stage of adoption will be driven by large advisors approving ETFs and allocation margin from existing portfolios. Bernstein outperformed the ratings of publicly traded bitcoin-adjacent companies like MicroStrategy, Robinhood, and miners Riot Platforms and CleanSpark.

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Memecoins

The Sandbox buys PEPE, SHIB, BONK memecoins to support “their specific communities”

TokenTalk Staff

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New meme coin Dogecoin20 pumps 140%; Dogeverse to explode next?

Metaverse-centric platform The Sandbox has purchased six “major memecoins” in an effort to provide utility to its own users and the broader memecoin collective.

The sandboxan open-world online multiplayer game, announced the purchase of six memecoinsincluding PEPE and DOGE, with the aim of demonstrating its commitment to “staying on top of industry trends”.

In an environment announcement on June 18, The Sandbox announced that it had acquired PEPE, SHIB, EVEN, DEGEN, DOGEAnd BONK to support “their specific communities” and provide utility to “both our users and the broader memecoin collective.”

“We believe that cultivating creativity is the cornerstone of the open metaverse and are taking the time to engage and contribute to the growth of the Web3 ecosystem for the benefit of those within it.”

The sandbox

The decision to purchase memecoins reflects their growing importance, The Sandbox explains, adding that memecoins have gained “significant visibility in recent years” and attributing their success “largely to the support of high-profile individuals.”

Although the amount of the deal was not disclosed, The Sandbox announced its intention to use the purchased memecoins for its new initiatives, although the timeline was not provided. Crypto.news has contacted The Sandbox for comment and we will update the article if we receive a response.

The purchase comes just weeks after The Sandbox secured $20 million from Kingsway Capital and Animoca Brands, bringing its valuation to $1 billion. Like crypto.news reportedThe funding is expected to support The Sandbox’s initiatives to boost its creator economy, expand its decentralized mobile metaverse platform, and improve social features and avatar capabilities.

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