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Multi-Chain Meme Coin Dogeverse is Here – Next Cryptocurrency To Explode?

Bitcoinist
by Bitcoinist
Last Updated: April 10, 2024 1:48 pm
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

On a mission to use memes to unify diverse blockchain communities, novel project ‘Dogeverse’ has launched its token presale and so far raised over $1 million within two days of going live.

Dogeverse ($DOGEVERSE), a multi-chain meme coin, stands out with its mascot, a Shiba Inu named Cosmo. It’s not just another meme coin but a project that brings interoperable utilities to the meme coin world, making it unique in its own right.

The presale takes place at thedogeverse.com with 10 stages – currently on stage two – and a soft cap target of $8.83 million.

Within a sea of meme coins that are already active on the market, what does Dogeverse do differently?

Dogeverse – The World’s First Chain-Hopping Meme Coin

The meme coin mania has been in full swing in 2024. Although much of this interest can be attributed to Bitcoin’s recent bull run, Solana’s recent surge is also worthy of credit.

Despite more people coming to the Solana chain for their meme coin needs, the layer-2 chain does have some issues with downtime and doesn’t quite match Ethereum when it comes to a straightforward way to invest in meme coins.

Similarly, chains like BASE, Polygon, BNB Chain, and Avalanche have their own advantages and drawbacks. That is why Dogeverse has decided to launch on not one but all of six of the top blockchains.

Utilizing a unique multi-chain deployment, Dogeverse was initially launched on the Ethereum chain for maximum accessibility, and then implemented Wormhole and PortalBridge to become accessible on five other blockchains.

Why A Multi-Chain Meme Token?

With its presence on six different blockchains, Dogeverse gains the following benefits that make it stand apart from the meme coin offerings now available on the market.

Seamless Interoperability

The ability to seamlessly hop from one blockchain to another underscores the spirit of freedom that meme coins represent. Through Wormhole and PortalBridge, $DOGEVERSE allows users to navigate between different chains, absorbing the benefits that come from all of them.

Cost and Speed Optimization

Although highly accessible and simple to use, the Ethereum chain comes with high gas fees. Solana, on the other hand, is affordable. BNB Chain offers innovation, Avalanche brings scalability, and Polygon offers a high throughput. For those looking to participate in a new blockchain, Base is the way to go. Therefore, Dogeverse’s availability on all these chains allows investors to choose which chains to use to interact with Dogeverse’s universe.

High Flexibility

Each chain brings different innovating strengths to the overarching blockchain space. Investors can tap into all of them through Dogeverse. Investors can choose the chains to interact with Dogeverse’s ecosystem, leveraging diverse communities that could bring new utilities within Dogeverse.

Inclusive Accessibility

Because of their simplicity, meme coins have always appealed to all types of investors. Dogeverse takes this further through its multi-chain approach.

With its availability on a much wider blockchain spectrum than its competitors, Dogeverse can be exposed to a wider audience, allowing it to grow. Some top influencers have already noticed the new meme coin:

 

Next Cryptocurrency to Explode?

Meme coins have always been a explosive crypto niche, with parabolic price action. However, most of the existing meme coins have had only the community hype to count on in order to move up in price.

With Dogeverse, users will get additional benefits such as flexibility and interoperability. These factors can attract a diverse group of investors to the Dogeverse ecosystem. And since the project has many ecosystem-based developments on the way, its utilities likely won’t be limited to short-term perks.

The name Dogeverse hints at a metaverse concept, suggesting expansive possibilities within its ecosystem. While nothing related to gaming has been talked about within the ecosystem right now, with time, we might see new use cases being developed for the ecosystem.

Another upside is the current meme coin mania. People are flocking towards assets that can make them parabolic gains within a short time. While Dogeverse has some long-term benefits, it is still a meme coin, which means it is capable of receiving the same traction as other meme assets.

Dogeverse’s staking perks are also worth consideration. They motivate long-term holding, allowing investors to earn passive income.

A Look at Dogeverse’s Tokenomics

Dogeverse has simplified tokenomics. It has a total supply of 200 billion tokens, which are distributed as follows:

  1. 15% for the presale
  2. 10% for staking rewards
  3. 25% for project funds
  4. 10% for liquidity pools
  5. 25% for marketing
  6. 10% for ecosystem funds
  7. 5% for exchanges

How To Buy Dogeverse

Even though Dogeverse’s imagery makes it appear like a simple meme coin, its multi-chain roots could position it to be the next crypto to explode with its wide accessibility to investors.

Furthermore, it is currently running its presale, giving investors a chance to buy this token at the lowest possible price.

Those interested can connect a MetaMask, Coinbase Wallet or other Wallet Connect options at thedogeverse.com to make a purchase.

It’s possible to buy Dogeverse tokens with BNB, MATIC, AVAX or ETH – although currently those that wish to stake their holdings will need to buy with ETH.

Follow the social media handles below in order to stay in touch with the project’s latest developments:

  1. Twitter
  2. Telegram
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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