Dogecoin20, a new Dogecoin derivative, has soared over 70% in the last 24 hours.
Meanwhile, another promising meme coin contender, Dogeverse, is steaming ahead in its presale, prompting hopes of an explosive exchange listing.
Dogecoin20 Surges as CEX Listings Loom
Dogecoin20 launched on 18 April and has gotten off to a firecracker start. Since CoinMarketCap data began on 26 April, it has soared over 85%, with 70% of that coming in the last 24 hours as the broader market takes note.
Currently, DOGE20 is trading at $0.0001479 with a $17 million market cap and a $2.6 million 24-hour trading volume, up 214% today.
Anticipation regarding imminent centralized exchange listings is fueling its recent spurt in interest.
“Dogecoin20 is now live on CoinMarketCap! CEX listings are coming soon,” tweeted the project’s X account on Friday.
CEX listings are often instrumental in meme coin price explosions, evident in the likes of Dogwifhat, Bonk, and Pepe, all exploding after being listed on Binance.
As such, the recent nod toward CEX listings has struck a chord with market participants, thereby skyrocketing DOGE20 demand.
However, this is not the first time Dogecoin20 has ruffled feathers in the market. The project was born out of a spectacular presale, during which it raised over $10 million in its opening week.
This drew massive excitement among industry experts, with OnlineHustleTV speculating it could 10x in the coming months.
The project’s early success aligns with its compelling narrative, embodying the vibrant essence of meme coins while integrating new features like staking and a capped supply.
This capped supply opposes that of the original Dogecoin, which is inflationary and, therefore, a less optimal long-term investment.
Encapsulating the grassroots narrative of crypto, Dogecoin20 also has a thriving Telegram community, which it says is for “news, networking, and crypto chats.”
The group currently boasts over 14K members. Dogecoin20 also has over 19K followers on X.
Its distinctive use case is likely the reason behind this expansive community and recent success, but another new meme coin on the cusp of innovation is Dogeverse.
Is Dogeverse the Next Big Meme Coin After Raising $11M?
Dogeverse is the first-ever Doge-themed cryptocurrency to launch on multiple blockchains.
This forges an unprecedented level of accessibility where all market participants can seamlessly access the cryptocurrency. It also establishes one unified community, brushing aside the trivial debates about which blockchain is best.
The Dogeverse presale is already live on Ethereum, Base, BSC, Polygon, and Avalanche. The token will also launch on Solana.
But Dogeverse does not rest on its laurels; the team has also implemented a staking mechanism to ensure long-term community retention.
Staking is already live, and holders can garner a 94% APY. However, this will decrease throughout the campaign, so those looking to maximize their investment potential should act quickly.
Adding to the excitement, leading analysts are backing Dogeverse as the next meme coin to explode. In a recent analysis, Jacob Bury dubbed it the “best crypto to buy now” and speculated it could 100x.
The presale has also been covered in leading media outlets like Cointelegraph, CryptoPotato, and BeInCrypto, reflecting its legitimacy and ability to draw hype.
Currently, investors can buy $DOGEVERSE for $0.000303, but this price will rise throughout the campaign, with the next uptick occurring in one day or when the total raise hits $12.9 million.
The presale also has a $17 million hard cap, so time is running out to buy before it launches on exchanges.
