The price of Dogecoin 20 surged by 1,00% after its listing earlier today, as investors took advantage of the surge in pursuit of the listing. The popular meme coin was trading at $0.0001953 at 6:35 a.m., up more than 8%. This means that it is still outperforming dog-themed cryptocurrencies such as Dogecoin (DOGE), Shiba Inucoin (SHIB), Dog Hat Coin (WIF) and FLOKI (FLOKI) in the meme coin market, which is awash with red ink.
With short-term investors exiting, value investors with a longer-term outlook could now drive the price of the newly listed memecoin higher over the next few days.
Buyers have viewed the recent dip as an opportunity to buy the meme coin, as evidenced by the green candles appearing on the cryptocurrency’s chart. With the initial listing hurdles clear, the price of Dogecoin 20 is free to enter the price discovery phase.
Bulls May Soon Drive Dogecoin 20 Price Higher
With the token available for trading on decentralized platforms, more longs are likely to flock to the order books for Dogecoin 20. The timing of the listing is also ideal considering the upcoming International Dogecoin Day (April 20).
This special day has already brought parabolic gains to the original Dogecoin. Now, investors and analysts expect Dogecoin derivatives with greater growth potential, such as Dogecoin 20, to break out on this day.
The chances of Dogecoin 20 soaring soon further increase as early investors seeking quick profits have left the market.
There will also be very little selling pressure on DOGE20 in the coming months, as most of the tokens have been locked up for 11 months. Reduced sell-side liquidity will make it easier for the price of DOGE20 to rise in the coming weeks while investors build an additional liquidity safety net on the cryptocurrency’s buy-side order book.
Dogecoin 20 isn’t the only new meme coin that stands a chance of benefiting from the upcoming International Dogecoin Day. Investors are also likely to put their money into the multi-chain Dogecoin spinoff Dogeverse, whose presale has grown exponentially since its launch.
The first chain travel of Dogecoin
Dogeverse (DOGEVERSE) hopes to be "the world's first chain-traveling Dogeverse." Unlike other projects that stay on only one chain, Dogeverse aims to provide more flexibility to investors and exist on multiple networks.
Popular public chains including Ethereum, BNB Chain, Polygon, Avalanche, Solana and even the second-layer network Base are the destinations for this dog-themed cryptocurrency.
DOGEVERSE’s presence on multiple networks enables investors to easily transfer their holdings across different chains. This not only makes cryptocurrency more accessible, but also increases its utility in the memecoin space.
Additionally, token holders can also stake their DOGEVERSE on the Ethereum network to earn rewards. Anyone who buys and stakes the token now will receive an impressive 155% annual return.
Investors have big expectations for the Dogeverse
The Dogeverse presale has already raised $6.8 million and is likely to cross the $7 million mark in the coming days.
The project team recently announced the roadmap for this meme coin, which is divided into 5 phases. Currently, the Dogeverse team is busy with the second phase and has submitted the contract to a trusted third-party vendor for audit.
In the next phases, the team will focus on marketing the memecoin. In phases 4 and 5, the team said they hope to list the cryptocurrency on multiple decentralized exchanges (DEX) and centralized exchanges (CEX) platforms.
Investors expect these listings to have a major positive impact on the cryptocurrency’s price, so they are rushing to buy DOGEVERSE before the first DEX listing in Phase 4. Phase 5 will eventually see the memecoin listed on multiple centralized exchanges.
This would expose more investors to the memecoin, potentially causing the price to surge.
DOGEVERSE tokens are priced at $0.000297 and can be purchased using ETH, BNB, MATIC, AVAX, USDT, or a bank card.
Anyone looking to acquire this coin may need to hurry as the price of DOGEVERSE is set to rise in a little over a day.
Investors can purchase DOGEVERSE tokens on the official website.

Dogecoin 20 Price Prediction: DOGE20 has risen by 100% since its launch, this new DOGE derivative ICO is growing exponentially
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