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Meme coin sensation Dogeverse (DOGEVERSE) is about to break past the $13M milestone. The chain-hopping Doge was one of the most talked-about meme coins in April 2024.
If the presale progress is any sign, the exchange launches of Dogeverse have the potential to kindle a meme coin pump in May.
$12.8M Raised, 11K+ Twitter, and 6 Blockchain Networks
How did Dogeverse go this big in such a short time?
Investors continue to flock to secure the token at discounted rates despite the downturns in the broader market. The wild swings in the price of high-cap meme coins haven’t affected them.
One of the key reasons why they’re undeterred lies in the fact that the initial exchange listing of Dogeverse will be unaffected by the current downturn. It could be said that they are finding solace in this meme coin amidst the chaos.
With its official launch days away, Dogeverse is shielded from the current market volatility.
But there is more, of course.
Dogeverse is set apart by a truly multichain universe, a novelty in the meme coin space. The multichain infrastructure has been drawing substantial interest to the presale.
Early adopters can grab Dogeverse using various means like ETH, USDT, or even traditional credit/debit cards. The early investment process is simplified.
As each presale stage concludes, a new round with slightly higher prices will commence. Early participation is further incentivized through higher staking rewards.
A hard cap of $17,002,500 is set on the presale. The window for investors to enter at a favorable price point is closing.
Investors can keep themselves updated about its raised presale amount through the widget the team has published on the website’s homepage and/or by checking the relevant presale multi-chain wallets Ethereum, BNB Chain and Polygon.
The Chain-Hopping Doge Brings Multiple Benefits
The rapid rise of Dogeverse to viral status can be attributed to its unique and utility-focused approach.
The core theme of the project revolves around uniting various meme coin communities across multiple blockchain networks such as Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.
The intergalactic mascot, Cosmo, symbolizes the project's ethos. Emerging from a collapsing supernova, Cosmo can "hyperjump" between different blockchains seamlessly.
What does the multichain infrastructure mean for investors, however?
To begin with, they can swap Dogeverse tokens across blockchains with minimal fees, offering a user-friendly experience with just a few clicks.
The innovative concept and practical utility have garnered attention from analysts and media outlets for the project in a short time. For example, YouTube analyst TodayTrader has expressed bullish sentiments about the presale.
While 1000x is a wildly optimistic price projection, anything can happen in the meme coin market. Therein lies its beauty. It thrives on enthusiasm and hype.
Interestingly, however, the presale success of Dogeverse signifies a notable shift in trends toward utility. Projects like Dogeverse, which prioritize utility and technical innovation, are gaining popularity and acceptance. They also have it easy making their way to traditional and institutional investors.
Interconnectivity is the Future
The emphasis on interconnectivity sets apart Dogeverse from the crowded market.
Due to the core feature, investors can seamlessly swap DOGEVERSE tokens between different blockchains such as Ethereum and Solana. That, in turn, allows them to capitalize on various DeFi opportunities.
Providing liquidity across multiple chains is another way to generate high returns for investors.
Protocols like Wormhole, for example, will allow Dogeverse to be at the forefront of the emerging trend of cross-chain tokens. There is also considerable speculative potential that comes with different blockchain labels.
By operating as a Solana, Ethereum, and Avalanche meme coin simultaneously, Dogeverse cleverly taps into them all.
If Dogeverse expands its utility offerings, such as incorporating gaming functionalities, it has multiple blockchains to base its operations on.
Presale is Close to Sell-out
The Dogeverse presale is approaching a rapid sell-out after witnessing large traffic over the last few days.
After that, the project plans to make listings on top-tier decentralized exchanges (DEX) and centralized exchanges (CEX).
The multichain dog coin holds large potential to climb up the charts in the weeks that follow the launch. The growing traffic to the presale, despite the broader market downtrends, translates to higher upside potential.
Robust technical infrastructure and strong community support are the key factors that give credibility to the project. It is a strong contender for a spot in the top three meme coin rankings.
Dan Burgin
Alex Dovbnya
Vladislav Sopov