New Meme Coin “Dogeverse” launches cryptocurrency pre-sale, raising $1.5 million in 72 hours

The new meme coin “Dogeverse” announced a pre-sale on April 8, raising more than $1,500,000 on thedogeverse.com in just three days.

The Dogverse token centers on a character named Cosmo, an anthropomorphic dog with the unique ability to “jump” between blockchain networks. This cross-chain theme is the foundation of Dogeverse’s multi-blockchain vision.

What is Dog Universe?

Based on what we’ve seen so far on Dogeverse, this isn’t a typical one-off meme coin project.

While paying homage to the original meme coin, Dogecoin (although not affiliated with DOGE) $DOGEVERSE aims to bring additional utility and innovation to the meme coin space.

Its main distinction is that it is “the world’s first multi-chain meme token.” As mentioned in Dogeverse’s White Paperthe project will exist natively on the six most popular blockchains: Ethereum, BNB Chain, Polygon, Solana, Avalanche and Base.

this #DOGEVERSE sets new standards #cryptocurrency #Token! 🌟

purchase and #trading $DOGEVERSE spans six major areas #blockchain, amplifying Cosmo’s vision for a unified cryptocurrency universe. 🚀

from #DEX arrive #CEXjoin our #Memecoin lovers and explore #blockchain Adventurers around the world! 🌐 pic.twitter.com/lYgZszersR

—DogeVerse (@The_DogeVerse) April 10, 2024

Investors can already purchase Dogeverse tokens on the project website using Ethereum, BNB, Polygon and Avalanche, with Base and Solana options set to be added later this week.

The Dogeverse’s narrative centers on Governor Cosmo, who has the ability to jump between different encryption chains. This role symbolizes unity and creativity within the Doge community, allowing $DOGEVERSE token holders to freely traverse various crypto chains.

The multi-chain framework is a key aspect of the project, as it aims to unite the cryptomeme community and enhance the utility of meme tokens across different platforms.

Source – thedogeverse.com

$DOGEVERSE tokens are minted on Ethereum and can be claimed, stored and traded on Solana, BNB Chain, Base, Polygon or Avalanche using Wormhole and Portal Bridge technology.

This feature increases the coin’s versatility and accessibility and may appeal to a wider audience of memetic crypto enthusiasts.

Token Economics and Pre-Sale Details

The total supply of new meme coins is 200 billion, distributed as follows:

• Pre-sale: 15% (30 billion tokens)
• Staking: 10% (20 billion tokens)
• Project funding: 25% (50 billion tokens)
• Liquidity: 10% (20 billion tokens)
• Marketing: 25% (50 billion tokens)
• Ecosystem: 10% (20 billion tokens)
• Exchange: 5% (10 billion tokens)

The Dogeverse presale launched on April 8 and raised over $1.5 million in 72 hours. Each $DOGEVERSE token is currently priced at $0.000291, although this rate will gradually increase as the presale proceeds.

The Dogeverse pre-sale has a soft cap of $8,835,000 and a hard cap of $17,002,500.

in conclusion

Dogeverse offers an interesting meme coin concept that incorporates multi-network ambitions. Interest in the new meme coin has been growing on social media since the launch of the pre-sale, with the project showing potential for widespread appeal among the crypto community looking for fun and functionality across multiple blockchain ecosystems.

As the market prepares for the upcoming BTC halving in April, upcoming integrations with networks like Solana may further fuel interest and adoption of $DOGEVERSE.

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