Analysts expect Dogeverse to soar as presale ends in 3 days

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Dogeverse presale raises $15 million, attracts significant investor interest, and approaches its final presale stages with 3 days remaining.

A new meme coin is taking the market by storm as it ushers in an unprecedented multichain use case. Dogeverse is currently in its closing presale stages after decisively raising $15 million.

The presale will end at 10 am UTC on 3 June 2024. Presale investors can claim their tokens two days later at 10 am UTC on 5 June.

Currently available to buy at $0.00031, Dogeverse’s price is anticipated to skyrocket once it launches on exchanges. This leaves little time for market participants to buy in at its current discount.

Dogeverse: Available on 6 networks, only multichain doge crypto

Available on the six hottest smart contract-enabled blockchains, Dogeverse’s ubiquitous accessibility is unrivaled and lays the way for huge on-chain investment and community growth potential.

Through Wormhole and Portal Bridge technology, Dogeverse is available on Ethereum, Solana, Base, BSC, Polygon, and Avalanche.

Analysts expect Dogeverse to soar as presale ends in 3 days - 1

Despite Solana snapping at its heels, Ethereum remains the go-to crypto network, with the highest TVL and most developed infrastructure. But Dogeverse is not bound by the traditional shackles of blockchain interoperability. Many users favor Solana primarily because of the lower fees than Ethereum.

There are also Ethereum layer 2 networks like Polygon and Base, which also offer lower fees and have their own meme coin ecosystems.

Finally, there is Avalanche, a direct Ethereum L1 competitor that processes 6,500 transactions per second (TPS). The new project’s interchain traversing abilities have coined the name “Cosmo the chain hopping doge” – and he is available anywhere.

This accessibility must not be overlooked. It potentially sets the stage for crypto’s strongest memecoin community.

Should Dogeverse succeed in its mission, then it would likely drive other memecoins to adopt a similar approach, solidifying Dogeverse’s pioneering status.

One of the big advantages is that Dogeverse is protected from users migrating between networks. We often see one memecoin ecosystem explode while the others trade sideways.

For instance, all eyes have been on Ethereum recently, with Pepe and Floki surging into price discovery. Meanwhile, Solana’s memes has remained comparatively dormant. But before that, it was Solana meme projects stealing the thunder.

So with Dogeverse available on all the big hitters, expectations are high for its price potential.

Analysts: Dogeverse is capable of 100x returns after its IEO

Considering its spectacular success, there has been no shortage of prominent industry figures backing Dogeverse as one of the best crypto presales to invest in for big gains.

The 99Bitcoins YouTube channel recently published a video speculating that the project could 100x. As well as covering Dogeverse’s robust use case, the analyst also underscored its $15 million total raise.

While this reflects massive community interest, it also indicates that Dogeverse has the funds for long-term ecosystem expansion.

As with any investment class, risk is attached to the crypto market. However, the memecoin domain has recently provided crypto’s most lucrative returns. This is amplified for presales like Dogeverse, where, as 99Bitcoins points out, investors can buy before it lists on exchanges.

Meme coin prices have been shockingly impressive recently, with many outpacing the crypto market average. As mentioned, Pepe recently notched an ATH and is up 121% this month with a $6.1 billion market cap.

Meanwhile, lots of doge-themed cryptos are surging. For instance, DOG•GO•TO•THE•MOON has outperformed Pepe, up 138% this month. But that’s not to mention the longer-term gains. For example, Dogecoin is up 187,138% from its May 2015 all-time low.

Meanwhile, Dogwifhat is up 4,888% from its low just six months ago (January 2024). So, with that in mind, there is every possibility that Dogeverse does a 100x once it launches on exchanges.

It’s also worth noting that the sub-genre continues to dominate the market, with seven of the top ten meme coins by market cap currently being doge-themed.

Dogevesrse has also enjoyed widespread support from media outlets, including CryptoPotato, The Economic Times, and The Cryptonomist.

Traders generate passive income by staking their DOGEVERSE

Staking is another favored addition to the Dogeverse ecosystem. With a 43% APY currently at play, Dogeverse offers rewards far beyond the market average. For example, Ethereum stakers can earn up to a 7% APY, while Solana stakers can receive up to 8%.

So it should be no surprise that traders are queuing up to stake their DOGEVERSE, with the project’s staking portal reporting 36,875,308,525 have been deposited.

However, Dogeverse’s staking APY will decrease as the staking pool grows. This means that those seeking the most returns must be fast.

To learn more, follow Dogeverse on X or join its Telegram. Alternatively, visit the Dogeverse presale website to buy and stake tokens.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.