Final Opportunity to Purchase Solana’s Most Impressive Multichain Meme Coin, $DOGEVERSE, in $17 Million Presale
Tim Hakki
Last updated: May 8, 2024 13:15 EDT | 3 min read
Wednesday, May 08, 2024 – Time is running out to acquire $DOGEVERSE, Solana’s exceptional multichain digital currency, before the conclusion of its month-long presale.
The $DOGEVERSE token has already amassed over $13 million towards its $17 million presale objective. This latest cryptocurrency, inspired by the Shiba Inu meme, has captured the attention of meme enthusiasts, cryptocurrency enthusiasts, and degens alike. They view Dogeverse’s impressive cross-chain capabilities as a glimpse into the future of meme coins.
The Dogeverse family recently welcomed SOL fans. By the end of last month, Dogeverse became available on the Solana network, contributing to a digital economy with a total value locked (TVL) of $4.078 billion. This network boasts 1.14 million active users who engage in daily transactions, along with over 2,500 monthly active developers.
Since Dogeverse operates on multiple chains, it can be purchased on Ethereum ($ETH), BNB Smart Chain ($BNB), Polygon ($MATIC), Avalanche ($AVAX), Base ($BASE), and Solana ($SOL).
The Dogeverse ICO and Beyond
Currently priced at $0.00031, $DOGEVERSE is at its final fixed price before its launch. This means that when the coin becomes available on exchanges, there is a high chance that its price will never be this low again.
However, the potential for growth is limitless. Dogeverse quickly sold out its initial soft cap allocation of 200 billion tokens when it went viral upon the launch of its presale in early April. Within 48 hours, the project received a staggering $1 million in funding. The team surpassed their expectations for the first round, which was initially planned for six days, and moved on to the second half of the ICO a day earlier than scheduled. The public has almost completely purchased the additional 200 billion tokens.
Originally, the ICO was set to conclude on June 11, but due to overwhelming demand, it is expected to end much earlier. The funds from these additional tokens were meant to be sold on decentralized (DEX) or centralized (CEX) exchanges after the claim. However, they will now be used to enhance liquidity for high-volume trading and buy-back funds.
Token holders also have the option to stake their $DOGEVERSE on Ethereum in order to earn passive rewards. The team is currently working on listing applications with CoinGecko and CoinMarketCap after the presale is sold out. Future plans for the project include listing on DEX and CEX exchanges.
Cosmo: The Cryptocurrency Market’s New Hyper-Jumping Multichain Star
The trend of canine-themed coins began with Dogecoin (DOGE) at the end of 2013. Dogecoin’s popularity was due to its association with a viral meme that most people with social media have encountered. Since then, numerous celebrities, including Tesla CEO Elon Musk, American entrepreneur Mark Cuban, and musicians Gene Simmons and Snoop Dogg, have expressed their admiration for the original meme coin.
However, Dogecoin has its flaws. It operates on its own blockchain, which is based on Bitcoin and utilizes an outdated consensus mechanism called Proof-of-Work (PoW) to validate transactions. This means that the mining process for Dogecoin consumes a significant amount of energy.
Other canine-themed coins, such as Shiba Inu (SHIB), Floki (FLOKI), Bonk (BONK), and DogWifHat (WIF), have emerged. These coins reference viral doge memes featuring adorable Shiba Inus. However, they are either built on the Ethereum blockchain or its competitor, Solana, both of which consume less energy than Bitcoin and Dogecoin. Despite their efforts, none of these coins have been able to rival the dominance of the original Dogecoin.
Dogeverse aims to change that. At the heart of Dogeverse is the character Cosmo, a four-legged friend born in a supernova. Cosmo possesses the unique ability to hyper-jump across universes. He exists on a multichain network spanning six chains, all of which utilize consensus mechanisms other than PoW, making Dogeverse cleaner and more eco-friendly than its inspiration.
Is it Dogeverse Season?
Meme coins often experience exaggerated movements in line with the broader market. In other words, when Bitcoin and Ethereum are performing well, meme coins tend to surge. Conversely, when the market leaders are struggling, meme coins tend to crash.
Meme coins are also well-positioned to benefit from recent events, such as Bitcoin’s supply halving and the potential approval of US-based spot Ethereum ETFs later this month, which could inject billions of dollars into the market.
With its staking capabilities, seamless multi-chain exposure, and the potential for significant cryptocurrency news in the coming months, there are plenty of reasons to be excited about Dogeverse, the cryptocurrency market’s new hyper-jumping star.
Take advantage of the presale on the Dogeverse website before the price increases.
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Disclaimer: Cryptocurrency is a high-risk asset class. This article is provided for informational purposes only and does not constitute investment advice. There is a risk of losing all of your capital.