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New Multi Blockchain ‘Dogeverse’ Token Starts Presale - Next Big Crypto?
With its unique take on the iconic Shiba Inu dog meme, Dogeverse has entered the meme coin scene and has been tipped by influencers as the next big crypto to watch.
Dogeverse stands out as a stylish and innovative cryptocurrency project, offering users a one-of-a-kind experience with its presence on six different blockchains.
Its 10-stage presale is now underway at thedogeverse.com. With a soft cap of $8.83 million, Dogeverse has raised approximately $2 million since going live on April 8.
Is this new meme coin novel enough to become the next big cryptocurrency?
What is Dogeverse?
The project's whitepaper describes Dogeverse as the ‘world’s first chain traveling Doge’. Headlined by Cosmo, a Shiba Inu making its way through the blockchain universe, Dogeverse has will run on Ethereum, BNB Chain, Solana, Avalanche, Base, and Polygon.
A grand blockchain unification is its goal, and its mission is to transform the entire meme space into a fun arena where communities from all the chains can come together.
The chain-hopping Cosmo also symbolizes the sense of freedom in the hearts of meme coin enthusiasts.
Bringing Multi-Chain Functionality to the Meme Coin Ecosystem
Few meme coins have focused on being available multichain. Despite Dogecoin's popularity for example, its single-chain approach has made it less attractive to new investors, and Toshi, dubbed the ‘Dogecoin of Base’, Toshi, was one project launched to fill that void.
Dogeverse takes a different route from the get-go. Implementing PortalBridge and Wormhole technologies, it can navigate through different chains seamlessly.
With its multi-chain functionality unlocked, Dogeverse has the potential to push the Doge culture beyond one chain, bringing more liquidity and more utility to the ecosystem.
Why Should Newcomers Consider Investing in Dogeverse?
Dogeverse’s imagery gives the market a taste of the possibility of what lies beyond a single blockchain. Here are a handful of reasons investors should consider parking their funds in Dogeverse.
- Multi-Chain Approach
The obvious reason is Dogeverse’s multi-chain functionality. The token being active on Ethereum gives it a chance to tap into diverse utilities. Being on the Solana chain gives it more accessibility. Its presence on Avalanche allows it to tap into scalability without losing decentralization. Polygon gives it a high throughput. BNB Chain gives Dogeverse versatility. And when it comes to the BASE chain, Dogeverse can tap into novel technologies that are yet to be explored.
- Enhanced Liquidity
Being active on multiple chains means that it can go live on multiple decentralized and centralized exchanges, enhancing its liquidity. That would give Dogeverse more power to grow in the long run.
- Diverse Audience
Not all who invest in crypto are there to generate gains. Some are innovators looking to get hold of an asset that could help them materialize their creative ideas. Dogeverse’s presence on multiple chains can make it possible. By being exposed to a diverse audience, with time, more utilities can unlock within the Dogeverse universe.
- Presale Options
Those who are interested in participating in Dogeverse’s presale won’t have to worry about which chains to choose. If they seek a seamless transaction, Ethereum can be a choice. For a more affordable way to buy, investors can pick Solana instead (set to be added shortly). Avalanche and Binance Coin options have so far been added.
Note that in order to stake during the presale, ETH will need to be used to buy Dogeverse.
- Unifying the Chains
Meme coins have always had the power to unify a community. However, because most are active only on a single chain, the community never gets a chance to come together. By being active on different chains, Dogeverse's availability on multiple chains gives it access to a diverse community where all members have a different purpose. However, all of them can come together to boost Dogeverse’s value.
Dogeverse Tokenomics
Dogeverse's total supply is 200 billion, distributed among presale, staking rewards, project funds, liquidity pool, marketing, ecosystem funds, and exchanges. Here is the complete breakdown.
- 15% of the total supply has been allocated to presales. Early supporters will get access to 30 billion tokens.
- Those who hold their tokens and contribute to the project’s sustainability will get access to staking rewards, for which Dogeverse has dedicated 10% of its total supply.
- 25% of the entire supply will go into developing the project even further and improving the project’s scalability.
- Marketing efforts are in full swing as Dogeverse is on its way to establishing a foothold on social media platforms and other publications. 25% of the total supply has been dedicated to it.
- 10% of the total supply, which is equivalent to 20 billion tokens, is used for ecosystem funds. These funds will be used to establish new partnerships and introduce new features.
- Liquidity on exchanges will also be reserved so that Dogeverse retains its upside in the long term. Therefore, 5% of the token has been reserved for its upcoming listing on exchanges.
What Lies Ahead for Dogeverse?
Dogeverse’s current presale is in full swing, with more than $800k within two days. Even though the token was initially deployed on Ethereum for maximum accessibility, it has now gone active on the BNB chain, Polygon, and Avalanche, with Solana set to follow. The community has started to come together as Dogeverse has already gathered around 1,500 followers across Twitter and Telegram.
🚀 Get ready for another cosmic journey as #DOGEVERSE rockets across the multichain universe! 🌌
— DogeVerse (@The_DogeVerse) April 11, 2024
Surpassing the $1.7M milestone! 💰#Cosmo sincerely thanks all the #Doge fans for their incredible support! 🙏
We've now entered Stage 3! 🔥 pic.twitter.com/PajP2lxsrU
Phase Three will solely be dedicated to expansion and making the project visible on CoinGecko, CoinCarp and CoinMarketCap.
In Phase Four, Dogeverse will undergo its first dex listing, and its price charts will become trackable on platforms like DEXTools, DEXScreener and Birdeye.
The final phase will mark the launch of $DOGEVERSE tokens on centralized exchanges.
Where To Buy Dogeverse
Dogeverse is adding more freedom to an already boisterous world of meme coins. Visit thedogeverse.com to participate in the presale and follow its socials to stay in touch with its community: