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DogLibre is a “meme coin project with a mission” to liberate and support dogs worldwide. The project’s official whitepaper claims that, through the power of blockchain technology, it aims to create a decentralized platform dedicated to dog lovers.
Through this approach, the project aims to improve the lives of stray dogs.
Currently available as a presale, DogLibre has raised upwards of $500k. Can it flip the leading dog-themed tokens of this year?
What is DogLibre?
DogLibre describes its ethos as a “Meme with a mission.” With its name drawn from “dog” and “liberation,” the project claims to give meme culture real-life utility. Use cases will include pet care, AI integration, walk-to-earn, hard facilities, gaming NFTs and P2E metaverse, and mobile gaming.
The official whitepaper also describes the emergence of a decentralized autonomous organization and even a super-decentralized application.
Decentralized Dog Care
DogLibre’s whitepaper is very thorough, highlighting its main value proposition of deeply penetrating the dog care industry.
Using intelligent integration of blockchain technology, the project asserts that it wants to help with the emotional ties people have for their pets.
Essentially, DogLibre claims to create an ecosystem that allows people to care for their pets without worrying too much about money.
To materialize this vision, DogLibre has added many initiatives.
DogLibre Use Cases
Claiming to have been created by a team passionate about dogs, DogLibre is bringing the following use cases to the ecosystem.
- NFT Gamification – Per the whitepaper, stray dogs will become mintable as NFTs that can be added to a comprehensive gaming ecosystem.
- Early adoption: People will be able to get pets within the metaverse, and the real-life equivalents of these pets will become accessible.
- Hard Asset Acquisition – DogLibre plans to buy dog cafes, stray care facilities, dog grooming, dog wearables, and merchandise.
- Donation Model Disruption – DogLibre says it will create a self-sustaining ecosystem through blockchain technology to address the shortfalls of centralized donation bodies.
- Live Feed Rescue Operations – DogLibre organizes live feed rescue operations to inspire investors.
- DAO Governance – DogLibre aims to create a self-sustaining ecosystem governed by passionate dog lovers.
- Localized dog care – The project aims to offer localized dog care facilities to minimize dog care costs.
- Small Business Partnerships – Per DogLibre’s whitepaper, partnerships with businesses willing to use $DOGL as a currency will be made.
- Specialized Research – DogLibre says it will establish research facilities to elevate the pet’s food quality.
DogLibre Presale Analysis
DogLibre landed on the market as a presale on April 15th, 2024. Like most current presales, it follows a timed structure. Each stage lasts a few days until all the tokens allocated to the presale are sold.
That said, only 8% of the total supply of 500 trillion tokens has been dedicated to the presale. The remaining tokens are allocated as follows:
- Staking reward – 8%
- Gameplay reward – 15%
- Treasury – 18%
- Partnerships – 7%
- Marketing – 10%
- Liquidity and Launchpool – 10%
- R&D Ops – 10%
- Team – 10%
Although well-defined, the tokenomics shows that the community doesn’t have a bigger stake in this project. This means that there are some centralized aspects to the DogLibre ecosystem.
While the project can highlight “proper care and development” as the rationale behind this decision, it will impact how the community perceives DogLibre.
DogLibre Price Prediction – Can it Grow?
DogLibre stands out as it does not make a front-facing dog as a mascot. The dancing dog with his back in front of the view adds a playful element. However, the factors determining its performance will not be the imagery but how true it sticks to its altruistic goals.
Short-Term Price Prediction
Considering DogLibre has raised upwards of $500k since arriving as a presale on April 15th, and there is still a lot of time remaining till the conclusion, it may experience some pump after its presale.
The surge will depend on how well the community receives this project.
Community reception can be analyzed through DogLibre’s social media following.
The project’s Twitter channel has upwards of 28k followers. Even though it looks large, the channel was created in May 2017, which indicates slow growth.
However, in the short term, investors may experience DOGL going 3x or 4x the token’s price during the presale’s last stage. But a drop may follow as the project’s social media has yet to create massive engagement on a per-post basis.
Long Term Prediction
DogLibre’s long-term performance will depend on how true it stays to its mission. It must create more engagement on social media through its posts about rescuing stray dogs. Rewards and giveaways may also keep things interesting.
Market fundamentals will also play a role in how DogLibre performs. 2025 will mark a year after halving. If the market conditions are bullish, DogLibre may grow significantly, provided the community continues to rally behind it.
With so many uncertainties about the project, investors should look at alternatives instead.
Why Pepe Unchained is a Better Alternative to DogLibre?
DogLibre is a dog-themed token. Many may say these assets are going out of fashion as recent charts show a decline in their overall market capitalization.
Frog-themed meme coins, on the other hand, have outperformed many meme tokens. For instance, Pepe managed to flip Floki and become a top 3 meme coin by market capitalization.
Therefore, a better alternative to DogLibre would be a frog-themed token. The best one right now is Pepe Unchained.
Pepe Unchained is a Pepe-inspired project that shifts the meme coin narrative through its own layer-2 blockchain.
Fast, efficient, and paving the way for more innovation, Pepe Unchained has emerged as one of the most interesting meme coin projects this year. 99Bitcoins, a leading YouTube channel with over 705k subscribers, has said that it could see PEPE level returns.
Unlike DogLibre, Pepe Unchained’s long-term potential is due to an accessible roadmap the project can follow.
That has already helped the project raise close to $2 million. Those interested can visit pepeunchained.com to participate in the presale.
*Cryptonomist did not write the article or test the platform.
