LecksMoney informed his audience about the surge in memecoins like Pepe, Dogecoin, and Shiba Inu, while also introducing his audience to a new pre-sale opportunity called Dogecoin20.
LecksMoney explains how to participate in the presale, shares the accepted currencies and current exchange rates.
In addition, he also talked about the unique features of Dogecoin20, such as environmental rewards through staking and its limited supply, compared with the original Dogecoin with unlimited circulation.
Dogecoin20’s approach: community-centric economic model and on-chain staking
Staking has been growing in popularity as it provides investors with a way to earn passive income amid market fluctuations. Dogecoin20 introduced its “Stake to Earn” feature, powered by Ethereum smart contracts as an ERC-20 token, in an effort to change the landscape of the cryptocurrency space.
During the pre-sale phase, early participants can take advantage of an annualized yield of 72%, detailed information is available on the project’s staking dashboard. The process is simple: stake your tokens, withdraw them, claim your rewards, and monitor your annualized yield.
This generous yield provides a strong incentive to hold $DOGE20 tokens for the long term, contributing to a more stable ecosystem. The total $DOGE20 supply of 15% is allocated for two years of staking rewards, with 12.5% for the first year and 2.5% for the second year.
The current reward rate according to the Dogecoin20 staking dashboard is over 80% per year. In addition, the token economic model includes a fixed supply of 140 billion $DOGE20 tokens, avoiding the inflation problem common in cryptocurrencies like Dogecoin.
In the presale, 25% of the total supply are available, and an additional 25% is used for marketing to attract Memecoin traders and long-term supporters.
In addition, 25% is used for funds for project sustainability, 15% is used for staking rewards to incentivize network stability and community participation. Finally, 10% is used for decentralized exchange liquidity to enhance trading and price stability by providing decentralized exchange liquidity.
Dogecoin 20 roadmap: from presale to DEX listing and more
The project has developed a six-phase roadmap. Phase 1 focuses on a successful pre-sale launch and marketing efforts. Phase 2 introduces the staking system and reward distribution.
The third and fourth phases involve the launch of a decentralized exchange (DEX) and a token generation event (TGE), allowing pre-sale investors to receive their tokens. The fifth phase will see the launch of a DEX liquidity pool for Dogecoin20 to facilitate smooth trading.
Phase 6 looks to the future and focuses on building long-term staking rewards for sustainable development. The white paper proposes introducing new features in the future to enhance the utility of the token.
Predicting the success of Dogecoin20 in the volatile memecoin market is challenging. However, there are several promising indicators that this ICO may be successful. It has already raised over $10 million, showing interest from value-seeking traders.
This enthusiasm has created both excitement and fear of missing out as it nears listing. Additionally, the current $68 billion valuation of the memecoin market provides ample opportunity for $DOGE20’s price to rise.
Furthermore, its association with Dogecoin provides instant recognition, and the improvements over Dogecoin give the community a strong reason to support it. Check out our $DOGE20 price prediction for insights on its future value.
Is Dogecoin20 the next big dog-themed meme coin?
Dogecoin20 (DOGE20) is a new cryptocurrency that aims to provide a more environmentally friendly version of the original Dogecoin. This new memecoin takes "Do only good things every day" as its motto and incorporates popular cryptocurrency trends like on-chain staking and a community-driven economic model.
After raising more than $10 million in presale, $DOGE20 is scheduled to launch on Dogecoin’s climax, “Doge Day.” The project aims to address various shortcomings of Dogecoin, such as the inability of Doge investors to stake their tokens.
For memecoin enthusiasts who are still interested in participating, there is a final chance to purchase $DOGE20 tokens at a discounted price of $0.00022 per token during a limited “post-presale” period until “Doge Day” on April 20.
On this day, investors can claim their tokens and have their first exchange listing, potentially leading to post-listing price growth. For detailed instructions on how to buy $DOGE20, see our detailed guide.
Join the #Dogecoin20 #Telegram community now and enjoy the excitement!
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https://t.co/o0cc6Fl3cs
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— Dogecoin20 (@DOGE_COIN20)
March 30, 2024
With the high demand shown by the presale, $DOGE20 seems ready to be successfully listed on the market. Get the latest updates on Dogecoin20 by following their X page and joining their Telegram channel. To participate in the presale of $DOGE20, visit dogecoin20.io.
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