Dogeverse, the highly anticipated multichain meme coin, is set to launch on decentralized exchanges on Wednesday, June 5th at 10am UTC. Presale buyers will have the opportunity to claim their tokens starting from that time.
The launch of DOGEVERSE comes at a favorable moment, following a period of consolidation and sideways movement in the crypto markets. All six chains where DOGEVERSE is available are experiencing positive price movements, with BNB up 5.7% at $664, Solana up 1% at $166, Avalanche’s AVAX and Ethereum’s ETH both showing gains, along with Base and Polygon’s MATIC.
Meme coins, in particular, are attracting profit-taking at the top end of the market before a potential surge. This positions tokens like Dogeverse in a prime spot as investors seek high returns by identifying promising assets.
Furthermore, with Bitcoin surpassing $70k, there is a supportive environment for new coin listings. The price of Dogeverse could potentially skyrocket by 10x as traders focus on meme coins.
As the clock ticks down to the claiming deadline, expectations for a significant price increase are mounting. Influencers like YouTuber ClayBro are speculating that Dogeverse could see a substantial 10x surge, as Shiba Inu-inspired cryptocurrencies continue to capture the attention of traders and investors.
Popular meme coins are dominating the trending tokens on CoinMarketCap, with favorites like Brett showing a 56% increase in the past week, Super Trump surging 332%, GameStop up 127%, and new coin DOG rising by 113%.
This positive market sentiment is especially encouraging for Dogeverse token holders due to its impressive multichain functionality, covering a wide range of popular meme coin chains.
To claim their $DOGEVERSE tokens purchased during the presale, holders must follow a simple four-step process outlined on the official Dogeverse website. The supported chains include Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.
Stakers of $DOGEVERSE tokens during the presale must wait for a seven-day vesting period before being able to claim their tokens. Staking rewards are emitted at a rate of 6088 $DOGEVERSE per each ETH block produced and will be distributed over a two-year period.
Staking will also help alleviate selling pressure during the listing, with around 40% of the total token supply currently staked. Those with queries about the process can reach out to moderators on Telegram for assistance.
As a high-risk asset class, crypto investments should be approached with caution. This article serves as informational content and not as investment advice, as there is a potential risk of losing capital.