Memecoins
Memecoin Dogeverse is getting closer to going public after raising $15 million in pre-sale
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Dogeverse’s pre-sale raises over $15 million, setting the stage for its highly anticipated stock market launch.
The trend Dogeverse the pre-sale raised over $15 million and now all eyes are on its stock market launch. Its total increase makes it one of the most profitable pre-sales of 2024, but this is no surprise given the memecoin frenzy across the market and the Dogeverse use case.
Dogeverse brings something new to space
Memecoins have been the hottest cryptocurrency trend this year, and the industry’s market capitalization currently stands at a whopping $54 billion. Many projects have seen extraordinary growth, with the likes of Pepe and Floki growing over 500% this year, while projects like Bonk and Dogwifhat have delivered even bigger gains in recent quarters.
However, the famous memecoin trader Ansem speculate that the meme coin narrative will continue to gain pace, comparing it to the performance of tier 1 cryptocurrencies like Solana in the last cycle. But while the outlook for the meme coin market is promising, the newly launched Dogeverse is shaping up to be a major contender.
This is because Dogeverse is the first Dogeverse-themed cryptocurrency to go multichain. Through this effort, the project’s potential to attract community and liquidity increases significantly.
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 for investors to rally behind, regardless of which blockchain they use.
In addition to its interoperable approach, Dogeverse has developed a staking tier to reward users who lock down their tokens. There is currently a 55% APY on offer, but this will decrease as more tokens are staked, thus incentivizing early adopters.
In fact, 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 attracting the attention of major analysts and media. For example, YouTubers like ClayBro predicted that Dogeverse could rise 10x after its initial exchange offering (IEO).
Meanwhile, Cilinix Crypto has covered the project numerous times. His most recent video was about the token’s highly anticipated exchange launch and highlighted that he had invested in the pre-sale.
Major media outlets, including CryptoPotato, Investing.com, and WatcherGuru, also covered the ICO. This reflects the widespread interest of the project, while providing further visibility and paving the way for post-IEO success.
The Dogeverse buzz is also evident on social media, boasting over 18,000 followers X and 11,000 members in its Telegram group. But these metrics are not without merit. For example, the Dogeverse X account offers witty and provocative memes, cultivating a remarkable narrative that sets it apart from other meme coins.
So far, Dogeverse’s pre-sale has been a fan favorite, and its IEO looks very promising. However, as the project progresses towards the stock market launch, traders have little time to purchase DOGEVERSE at a discounted pre-sale price.
To know more, visit the Dogeverse presale.
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