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front pageToday's NewsNew memecoin raises over $3.9 million in presale — could this be the next Shiba Inu or Dogecoin?

New memecoin raises over $3.9 million in presale — could this be the next Shiba Inu or Dogecoin?

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Traders quickly became early adopters, driving the newly launched Dogecoin20 presale to raise an eye-watering $3.9 million in less than a week.

Despite being launched just six days ago, this fresh meme coin has already quickly gained acceptance in the crypto community, focusing on providing humor and memes to its strong community.

Traders are clearly supporting the dog-themed meme as a potential industry leader that will take advantage of Ethereum’s environmentally friendly Proof-of-Stake (PoS) mechanism.

Dogecoin20 – Redefining passive returns and community support

Dogecoin20 represents a new type of digital asset that draws inspiration from the beloved memecoin universe centered around the iconic Shiba Inu. It introduces a revolutionary on-chain staking mechanism while staying true to the spirit of philanthropy embodied by its Doge family lineage.

With the guiding principle of "Do Only Good Everyday", Dogecoin20 not only embraces philanthropy, but also redefines passive returns in the crypto space. By combining the fun of memes with the practicality of proof of stake, Dogecoin20 has a unique appeal to both crypto enthusiasts and serious investors.

At its core, Dogecoin20 has an innovative proof-of-stake mechanism that gives holders the ability to earn rewards while actively participating in network operations. This dual functionality not only strengthens the token's ecosystem, but also provides holders with a real sense of participation and ownership.

Additionally, Dogecoin20’s commitment to philanthropy sets it apart, directing its influence toward supporting noble causes and community initiatives. By incorporating purpose into its very essence, Dogecoin20 becomes a symbol that represents the spirit of benevolence in an industry often defined by speculation.

It envisions a future where innovation and compassion intersect, where meme-inspired tokens transcend simple internet trends and where passive returns are generated in alignment with meaningful contributions to society.

As the crypto space continues to evolve, Dogecoin20 is poised to challenge convention, redefine norms, and pave the way for a more inclusive and impactful blockchain ecosystem.

Dogecoin20’s Token Distribution Strategy – Driving Participation and Sustainability

The Dogecoin20 presale has raised $3.9 million in funds, and each token is currently worth $0.000202. As the Dogecoin20 presale progresses, the price is expected to increase over time.

The initial token distribution of Dogecoin20 is strategically divided to ensure a balanced and sustainable ecosystem. 25.00% is allocated to the pre-sale phase, providing fair participation opportunities for early supporters and investors to actively participate in the development of the project from the beginning.

Likewise, 25.00% was used for a comprehensive growth marketing campaign targeting Memecoin traders and long-term supporters to promote it on major crypto trading platforms.

At the same time, the 25.00% reserve is used to support the long-term sustainability and development of the project, providing financial resources for future efforts and operational needs.

In addition, 15.00% tokens are used for proof of stake, incentivizing holders to actively contribute to the stability and growth of the network while receiving rewards, thereby strengthening the community-driven nature of Dogecoin20.

Finally, in recognition of the importance of liquidity, 10.00% tokens are used to provide liquidity on decentralized exchanges, enhance the trading experience, support price stability, and ensure smoother market operations.

For more details on the Dogecoin20 presale, watch the video provided above, and subscribe to Jacob Crypto Bury’s YouTube channel for more crypto-related content. Jacob also runs a Discord channel with 21,000 members, providing users with valuable trading tips and deep insights into upcoming crypto presales.

$DOGE20’s Proof of Stake Potential

At the core of $DOGE20 is a groundbreaking proof-of-stake system that enables the community to not only actively participate, but also easily earn passive rewards.

By leveraging your $DOGE20 tokens, you can seamlessly participate in this lucrative Proof-of-Stake environment, making your tokens work hard for a steady return.

Leveraging Ethereum's advanced smart contract technology, $DOGE20 transcends its origins as a meme coin to become a dynamic asset that offers the potential for substantial passive returns.

As an ERC-20 token, it can be easily adapted to any well-known self-hosted wallet for convenient storage.

Participating in proof of stake through $DOGE20 tokens expands the scope of ownership beyond the concept of mere possession to a continuous stream of rewards. 15.00% tokens are used for proof of stake, incentivizing holders to actively contribute to the stability and growth of the network while earning rewards.

In its inaugural year, Dogecoin20 generously rewards early proof-of-stake holders by giving them a significant share of the proof-of-stake pool, recognizing and valuing the loyalty and dedication of those who supported and strengthened the network in its early days.

The following year will continue to work on incentivizing proof of stake, albeit at a slightly reduced rate, ensuring continued community returns while adapting to changing ecosystem dynamics. As of now, Dogecoin20's proof of stake provides an annual yield of 234%, and nearly 12 billion $DOGE20 has been staked.

Understanding Dogecoin20’s roadmap

The Dogecoin20 roadmap is guided by the principle of making a positive impact every day while remaining sensitive to changes in the market. Beyond the limitations of the digital world, the project is committed to supporting charities, community-driven initiatives, and noble causes.

The Dogecoin20 roadmap is divided into six different phases, striving to steadily move towards the overall goal. In the first phase, Dogecoin20 promises fairness and transparency, with a balanced distribution in the pre-sale to ensure that all investors have equal opportunities.

Part of the proceeds are used for an extensive marketing campaign aimed at building widespread recognition and acceptance, laying a solid foundation for future growth.

Phase 2 introduces early proof-of-stake incentives, offering pre-sale backers a unique opportunity to stake their tokens before the official listing, providing them with significant advantages in terms of APY.

Phase 3 emphasizes fairness in token distribution, synchronizing token release with listing on Uniswap to maintain integrity and trust among participants. Phase 4 marks the introduction of $DOGE20 on Uniswap, ensuring a seamless trading experience and laying the foundation for the market to gain momentum.

Phase 5 emphasizes supporting a resilient ecosystem by increasing liquidity, enhancing trading volumes, and reducing market volatility.

Finally, Phase 6 focuses on the activation of the $DOGE20 Proof-of-Stake contract, enabling token holders to participate in the generation of passive returns through a trusted mechanism inspired by the Dogecoin issuance schedule. To participate in the $DOGE20 token presale, visit dogecoin20.io.

Related

Next Big Memecoin Dogecoin20 Surpasses $2 Million as DOGE Price Drops 5%

New Cryptocurrency ICO Dogecoin20 Launches, Raises $250,000 on First Day – The Next Big Meme Coin?

Dogecoin Price Prediction: DOGE drops 11%, this Dogecoin upgrade breaks $3 million in 5 days

Dogecoin Price Prediction: DOGE drops 11%, new ICO Dogecoin20 raises $250,000 in one day

Green Bitcoin – Gamified Green Proof of Stake

Rating

Contracts audited by Coinsult

Early Access Presale Now Live – greenbitcoin.xyz

Predict to Earn – Featured on Cointelegraph

Proof of Stake Rewards and Token Rewards

Raised over $6 million

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