Memecoins
Memecoin Dogeverse nears listing after raising $15 million in presale
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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.
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