This article was paid for*
Offering investors a newer, more utility-focused version of Dogecoin, Dogecoin20 has decided to launch ahead of schedule.
Originally, developers had set the 20th of April as its launch date to capitalize on the prominence of it being Doge Day. However, due to an unprecedented spike in demand, and the fact that the token has already raised more than $10 million, developers have decided to accelerate the claim date and DEX launch. The token is now going live two days early, on Thursday, the 18th of April at 10am UTC.
What is Dogecoin20?
Dogecoin20 is an ERC-20 token built on the Ethereum blockchain, designed to take the Doge-theme to new heights. Drawing inspiration from the success of Dogecoin and the meme coin craze, Dogecoin20 aims to foster a sense of community and support charitable initiatives while providing investors with exciting earning potential.
The project integrates the concept of staking, allowing holders to earn passive rewards by participating in the project’s ecosystem. This feature not only incentivizes long-term investment but also promotes a sustainable and engaged community.
Dogecoin20’s roadmap is divided into six phases, each meticulously designed to ensure a fair and transparent launch, followed by a robust marketing strategy and the implementation of the staking contract. The project’s developers have taken a proactive approach to address concerns surrounding token supply, capping it at a fixed 140 billion DOGE20 tokens to mitigate potential inflationary pressures.
Price Action and Investment Opportunity
Since its launch on March 14th, Dogecoin20 captured the attention of investors worldwide, hitting $5 million in its first week week – a remarkable achievement for a newcomer in the crypto space. This early success fueled the hype surrounding the project, with investors eager to seize the potential opportunity it presented from the very start.
At the time of writing, Dogecoin20 has already sold out its $10,068,663 hard cap. The current token price stands at $0.00022, with investors expecting a pump as soon as it gets listed officially on Uniswap this Thursday.
This presents a unique opportunity to get in on the ground floor of a project that has already demonstrated its potential for rapid growth.
Act Fast, or Risk Missing Out
The crypto market is known for its volatility and the speed at which opportunities can arise and disappear. Dogecoin20’s early success and the impending price increase serve as a call to action for investors seeking to capitalize on this latest meme coin phenomenon.
By investing in Dogecoin20 now, you would not only gain access to a project with a transparent roadmap and a commitment to community and charity, but you also position yourself to potentially benefit from the token’s future growth and the rewards offered by its staking mechanism.
While some missed out on the discounted presale prices, the next best entry point for investors is sure to be the project’s DEX launch on the 18th of April at 10:00 UTC.
To buy and sell DOGE20 following its Uniswap listing, traders will be able to use DEXTools and DEXScreener – follow the project’s socials on Twitter and Telegram for the correct links (beware of fake tokens, and admins will not DM you first).
*Cryptonomist did not write the article or test the platform.
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