New Meme Coin Dogeverse Backed to Explode This June After Raising $15M – Last Chance to Buy as Presale Ends in 3 Days

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The post New Meme Coin Dogeverse Backed to Explode This June After Raising $15M – Last Chance to Buy as Presale Ends in 3 Days appeared first on Coinpedia Fintech News

A new cryptocurrency has entered the meme coin domain and is vying for top-dog status. Dogeverse, the first-ever multichain doge-themed cryptocurrency, has raised over $15 million in its presale, and its price is expected to grow significantly once it launches on exchanges.

The presale will end at 10 am UTC on 3 June 2024. Following this, presale investors can claim their tokens at 10 am UTC on 5 June.

With the presale ending, this is the final chance to buy $DOGEVERSE at its fixed, discounted rate of $0.00031. After its exchange launch, the price will be determined by supply and demand.

One giant leap for meme coins – Dogeverse is the first doge-themed crypto to go multichain

Hundreds, if not thousands, of new meme coins are emerging on the market daily. However, only one claims the title of the first doge-themed meme coin to go multichain.

Launching on the six hottest smart contract-enabled blockchains, Dogeverse is leveraging Portal Bridge and Wormhole technology to interconnect the Ethereum, Solana, Base, Avalanche, BSC, and Polygon meme coin communities.

Despite contention from newer blockchains, Ethereum remains the number one. That’s regarding TVL, ecosystem breadth, and even the performance of Dogeverse’s presale, with 85% of token sales being on the network.

However, Solana’s stock is rising. Its premier DEX, Jupiter, regularly flips Ethereum’s number one Uniswap in 24-hour trading volume, and Solana even generated more 24-hour transaction fees than Ethereum recently.

Then you have Ethereum layer 2s like Polygon and Base, which are popular for their lower fees and for providing their own meme coin ecosystems. Base’s largest meme coin, Brett, hit a new all-time high (ATH) on Thursday and is inching toward a $1 billion market cap.

Lastly, there’s Avalanche, a direct Ethereum L1 competitor capable of up to 6,500 transactions per second (TPS).

All in all, the blockchain industry is full of excitement, narratives, and innovations. But there’s one issue that Dogeverse is fixing through raw memetic prowess: fragmentation.

See, Dogeverse, or as its team coins it, Cosmo The Chain Hopping Doge, is on an expedition to connect these fragmented blockchains with cross-chain technology and memes.

This sets the stage for the biggest on-chain meme coin community while enhancing the complex on-chain user experience issue.

With Dogeverse, joining the movement does not require bridges or wrapped tokens, leaving the community on more fun things.

Its multichain approach also protects from the fast-changing narrative of which blockchain is the hottest for meme coins. For instance, if traders decide that Base is the place to go, Dogeverse will benefit, but if they choose Solana, it is also available there.

Tackling crypto’s pervasive fragmentation issue and fueled by hilarious memetic escapades, it is no surprise that Dogeverse is faring as a fan favourite.

Leading analysts say big gains are incoming – will Dogeverse 100X?

With over $15 million in the bank, or rather, the wallet, top industry players have noticed Dogeverse’s presale success and anticipate big gains are on the horizon.

In a recent YouTube video, low-cap trader Jacob Bury analyzed the project and suggested it has a 100x potential.

Bury noted that he recently covered the Slothana presale, which provided up to 8x gains for investors.

However, the analyst is seemingly more bullish on Dogeverse and even suggested a $1 valuation is possible.

As with any asset class, investing in cryptocurrencies carries risks. However, the meme coin domain has fared particularly lucrative in recent months, and presales like Dogeverse offer a way to buy in early.

Dogeverese’s multichain utility is unsurprisingly causing a buzz, and the high-octane meme coin market dynamics amplify its exciting outlook.

As the chart below shows, heavy hitters like Dogwifhat, Pepe, and Floki have decisively outpaced the market this year. The total crypto market cap is shown in green and essentially looks flat compared to the exponential meme coin growth.

Newer tokens have also seen rapid growth. For instance, the emerging DOG

DOG•GO•TO•THE•MOON has reached a near-$1 billion market cap just one month after launching.

With these points in mind, there’s every chance that Dogeverse could 100x.

Adding to the excitement, prominent media outlets have gotten on board with the Dogeverse presale. The project has been covered in the likes of Cointelegraph, CryptoPotato, and The Economic Times.

Huge staking rewards are on offer for Dogeverse holders

Dogeverse has introduced a staking layer that rewards traders for locking up tokens.

This establishes a win-win scenario for holders. On the one hand, they can compound their investment, and on the other, sell pressure will be minimized since many tokens are locked.

Currently, staking offers a 43% APY, but this will decrease as the staking pool grows.

Over 36 million $DOGEVERSE have already been staked, reflecting the community’s deep-rooted appetite for more tokens.

Follow the project’s X account or join its Telegram to keep updated. Alternatively, visit its website to buy and stake tokens.

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