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New meme coin Dogeverse has begun its crypto presale and raised over $300,000 in less than 24 hours. $DOGEVERSE, the world’s first truly multi-chain Doge token, is inspired by the legendary journeys of Cosmo, the chain-hopping Doge.
Dogeverse might represent a leap forward in blockchain interconnectedness. The goal of this new meme coin is to unite diverse crypto communities through a shared love for Doge memes and a unified ecosystem spanning Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.
Let’s find out more about Dogeverse and why this new multi-chain meme coin might potentially be on investors’ watchlists in the weeks and months ahead.
Summary
What is Dogeverse?
Emerging from the cosmic remnants of a dying star, Cosmo is far from your average Doge. Gifted with the ability to navigate across blockchains, he embodies the spirit of liberty and discovery within the cryptosphere. His evolution from a solitary explorer to the emblematic figure of the Dogeverse celebrates the strength of community and the spirit of innovation.
In the meme coin sector, crypto enthusiasts very often face confusion over which tokens to invest in, the advantages of various networks, and the potential impact on their investments.
Dogeverse aims to simplify this process, providing a straightforward and inclusive platform for token owners. Its cross-chain capabilities not only broaden the influence of Doge culture but also boost liquidity and functionality universally.
Cross-Chain Deployment Approach
Initially, $DOGEVERSE will launch on the Ethereum network, leveraging its robust security and broad acceptance. Subsequently, through the use of Wormhole’s secure cross-chain technology, the token will extend to other networks.
A distinctive aspect of this approach is its completion before the presale ends, enabling presale participants to claim their tokens on their preferred blockchain, underscoring our dedication to a user-centric approach.
The deployment strategy of $DOGEVERSE facilitates effortless cross-chain interaction and adaptability, enhancing transactions through improved efficiency and reduced costs. It appeals to a wide range of users, embodies the ethos of cross-chain unity and inclusiveness, and is in harmony with Cosmo’s vision of a united cryptosphere.
Dogeverse Tokenomics and Presale Details
The Dogeverse presale started on April 8th, 2024, with a soft cap of $8,835,000 and a hard cap of $17,002,500. The total supply of $DOGEVERSE tokens is set at 200,000,000,000, with 15% of the tokens allocated for the presale.
The tokenomics distribution is as follows:
- Presale: 15%
- Staking: 10%
- Project Funds: 25%
- Liquidity: 10%
- Marketing: 25%
- Ecosystem Funds: 10%
- Exchanges: 5%
Can Dogeverse Ride the Meme Coin Mania?
The crypto market has witnessed a surge in meme coin popularity in recent months, with projects like WIF, MEW, SLOTH, and others capturing the attention of the masses with their 10-100x pumps. This frenzy has resulted in astounding returns for early investors, fueling the desire for the next big meme coin.
Dogeverse aims to capitalize on this trend by leveraging a strong marketing strategy that includes partnerships with various crypto media sites and influencers.
The project’s commitment to a unified cryptoverse and its multichain functionality may resonate with a wide range of crypto enthusiasts, positioning Dogeverse as a potential contender in the meme coin race down the line.
Still relatively under the radar for a new meme crypto, early coverage of the Dogeverse presale has so far been spotted on InsideBitcoins, Finbold and a few other crypto news outlets.
Conclusion
As the crypto world eagerly awaits the next big thing, Dogeverse emerges as a project with the potential in the upcoming period. With its multichain approach, seamless interoperability, and Cosmo’s captivating narrative, Dogeverse does sound interesting.
Whether it can replicate the astronomical success of past meme coins remains to be seen of course, but the Dogeverse presale might be the one to keep an eye on, as the market prepares for Bitcoin halving later this month and the next leg up in this bull run.
*Cryptonomist did not write the article or test the platform.
