Dogeverse ICO hits $15M milestone, traders say it is the next big meme coin
The new multi-chain project Dogeverse (DOGEVERSE) has become a hot topic in the past few weeks.
Its ICO has already reached the $15 million milestone – and many traders are calling it the next big thing in the meme coin space.
Multi-Chain Sensation Dogeverse Unites Traders Through Memes
Dogeverse is aiming to be the world’s first truly multi-chain meme token.
Inspired by the journeys of Cosmo, the project’s dog mascot, Dogeverse aims to unite crypto communities on different blockchains through the power of memes.
To do this, Dogeverse will deploy technology that allows it to span six different chains, like Ethereum, BNB Chain, and Solana.
This technology will include Wormhole and Portal Bridge – permitting DOGEVERSE holders to transfer their tokens between supported chains while retaining full control.
However, this multi-chain approach isn’t just a gimmick.
It’s designed to amplify Dogeverse’s reach, boost liquidity, and enhance utility for holders. No longer will meme coin enthusiasts be confined to a single blockchain.
In addition to Dogeverse’s multi-chain capabilities, the project will also have a built-in staking app for token holders.
At the time of writing, DOGEVERSE stakers can earn estimated rewards of 62% per year.
Overall, by combining cross-chain interoperability with passive income opportunities, Dogeverse’s team aims to take meme coins to the next level.
Dogeverse ICO Blasts Past $15M Ahead of DEX Listings
The hype surrounding Dogeverse’s ICO has been impressive. In just over one month, the project has raised $15 million from retail investors – and there’s still time for newcomers to get in on the action.
During the current stage of the ICO, DOGEVERSE tokens are available for $0.00031 each.
But that price won’t last long since the token sale is now in its final stretch.
Once the ICO ends, Dogeverse’s team has already signaled that its first DEX listing will occur shortly after to meet investor demand.
To provide liquidity for this listing, 20 million tokens, representing 10% of the total supply, have been allocated. If all goes according to plan, the developers haven’t ruled out pursuing CEX listings down the road. However, such listings would be dependent on how Dogeverse performs after its initial launch.
For now, the team is focused on bringing Dogeverse’s multi-chain capabilities to the masses without delay.
YouTube Stars Flock to Dogeverse & Spark Social Media Frenzy
Dogeverse has also been attracting endorsements from influential voices in the crypto space. Several popular YouTubers have backed the ambitious cross-chain project.
Most notably, ClayBro, who has over 128,000 subscribers, stated in a recent video that Dogeverse could be “set to surge” once it hits the open market. He praised the token’s combination of hilarious visuals with real utility as a potential game-changer.
Fellow YouTuber Crypto Gains also praised Dogeverse in a video to his 130,000 subscribers.
Crypto Gains focused on the colossal funding raise seen in Dogeverse’s ICO so far – suggesting that it could provide the foundation for serious traction in the weeks following the token’s launch.
These endorsements from ClayBro and Crypto Gains have prompted huge buzz on social media.
For example, Dogeverse’s Twitter following has grown to over 16,400 people following their videos. The momentum hasn’t been confined to just social media, either.
Top crypto publications like Cointelegraph have featured Dogeverse, introducing the token to a broader audience at a time when meme coins are gaining popularity in the mainstream.
Ultimately, whether Dogeverse can live up to its ambitious vision remains to be seen.
But there’s no denying that the creators have tapped into an undeniable demand for meme coins that offer more than just laughs.
Disclaimer: This is a paid post and should not be treated as news/advice.