[ccpw id="5"]

front pageToday's NewsDogecoin 20 Price Prediction: DOGE20 has risen by 100% since its launch, this new DOGE derivative ICO is growing exponentially

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

-

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Information Recommendation

The most popular cryptocurrencies on the Solana chain today - Catman Coin, Gugu Coin, and Explosive Cat Coin

The surge in Solana trading volume and Dex activity continues, and the ecosystem has regained bullish momentum. Assets in the network are once again pricing in excitement, with SOL consolidating in the $180 range. The hottest performing cryptocurrency on the Solana chain is likely to drive a breakout for SOL coin. ...

“BOOMER Price Prediction: BOOMER Plummets 18%, Analyst Says It’s the Best Doge 2.0 ICO Cryptocurrency to Buy Now”

Boomercoin price has plunged 18% in the past 24 hours and is currently trading at $0.03171 with a trading volume of 19% down to $1.9 million as of 7:20 AM EST. Boomercoin price could launch a rally above the descending channel...

Can Wormhole Crypto Maintain Momentum as Cross-Chain Memecoin Presale Hits $12M Mark?

Despite the sluggish crypto market conditions, Wormhole has attracted attention due to its unique features and recent price fluctuations. Wormhole is now enabled on several well-known blockchains, including Ethereum, Arbitrum, Solana, etc. This launch enables users to...

LUNC is gaining momentum again, should you buy it?

Join our Telegram channel for breaking news coverage. The sudden rise in the market has taken investors by surprise. The high volatility of cryptocurrencies over the past few weeks has made it extremely difficult to accurately predict the price of tokens. Despite this, the discounted prices seen in almost every token have not stopped the big...

Follow us

0FansLike
3,888FollowersFollow
0SubscribersSubscribe

Latest News

en_GBEnglish