Step inside a new paradigm of innovation where memes and DeFi intertwine. With the new presale Dogecoin20, investors can earn passive yield while enjoying the high-octane memetic allure that made meme coins so popular.
The project is currently undergoing a presale, enabling traders to buy before its exchange launch. Despite starting four days ago, the ICO has already raised a staggering $2 million, illustrating an unwavering appetite for the token among market participants.
Yet, with the meme coin market presenting opportunities for incalculable growth daily, could this be the next token to 100x?
Analyst Support Could Give Dogecoin20 Extra Bump on IEO
Dogecoin20’s early success has unsurprisingly drawn the attention of market analysts.
A slew of experts are rallying behind the token, suggesting it be the next big meme coin.
Gem hunter Jacob Bury recently published a video listing it as the best meme coin to buy now and speculating it could be the next Shiba Inu.
“The first one has to be Dogecoin20… I think this could have 10x potential,” he said.
Bury was also one of the first analysts to predict the recent explosions of Sponge and Smog, which peaked with gains of between 10x and 100x.
Crypto Cilinix is also bullish on Dogecoin20, saying that he bought into the presale and highlighting its significant potential.
Meanwhile, the Crypto News YouTube channel is backing the project, recently dubbing it “the explosive 25x potential token.”
However, such hype naturally raises questions about what Dogecoin20 is, so let’s take a closer look.
Revamping Dogecoin With Cutting-Edge Utility and Tokenonmics
Software engineers Billy Markus and Jackson Palmer initially launched Dogecoin in 2013 as a joke. Nobody expected what would follow. In the succeeding decade, DOGE peaked at a $73 billion market cap, demanding ubiquitous attention across financial markets.
However, its light-hearted inception left dents in its armor, preventing it from maintaining momentum. This is where Dogecoin20 comes in.
As a Dogecoin-inspired meme coin, Dogecoin20 encapsulates the famous “Do Only Good Everyday” philosophy while retrofitting the necessary tools for lasting success.
Through a flagship Stake-to-Earn mechanism, Dogecoin20 empowers holders to earn passive rewards on their investments. Currently, they can garner a 367% APY, but this will decrease as more tokens are staked.
Adding to the excitement, Dogecoin20 features a capped supply, following the “sound money” principle pioneered by Satoshi Nakamoto in the creation of Bitcoin.
Comparatively, Dogecoin has an infinite supply, making it inflationary and susceptible to price dilution.
These features offer a distinct advantage over the OG meme coin while retaining its infamous memetic allure.
But Dogecoin20 is also native to the Ethereum blockchain, opening it to the network’s diverse ecosystem and expanding its utility potential.
Meme Coin Presales Are Hot – Don’t Miss Dogecoin20’s Discounted Price
Not only is Dogecoin20’s presale on fire, but others like Book of Meme and Slerf have also seen unprecedented success.
Over the weekend, Book of Meme became the fastest meme coin to reach a $1 billion market cap – just three days after its token went live. Book of Meme also ran a presale, enabling early investors to net millions in profit.
Then, Slerf followed in its footsteps, soaring to a $500 million market cap after launching earlier today.
These case studies reflect the tremendous potential for new meme coin presales, presenting a bullish outlook for Dogecoin20.
However, its presale price will incrementally increase throughout the event, with the next uptick when it raises $2.3 million.
Furthermore, the presale has a $6 million hard cap, leaving traders little time to buy before its exchange launch.
So don’t miss out on Dogecoin20. Follow the project’s X account or join its Telegram to stay updated. Alternatively, visit its website to buy and stake tokens at presale.