Bitcoin
Solana’s Top Multichain Meme Coin Dogeverse Secures $13 Million In Ongoing Presale
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An ongoing presale for Solana’s best multichain good boy Dogeverse ($DOGEVERSE) has taken in $13 million up to now, with at the least $2 million flooding into the ICO within the 5 days because it deployed on Solana.
Crypto’s newest Shiba Inu-inspired humorous token has pricked the ears of meme followers, degens and crypto evangelists alike, who see Dogeverse’s hyper-jumping cross-chain capabilities as a touch of tomorrow’s meme coin capabilities.
Now SOL followers are in on the motion too. As of Friday, April 26, Dogeverse has rolled out on its sixth native chain, Solana, becoming a member of a digital financial system that’s residence to $3.465 billion in complete worth locked (TVL), with 1.13 million energetic customers transacting day by day and over 2,500 month-to-month energetic builders.
Since Dogeverse exists on a number of chains, it may be bought by anybody on Ethereum ($ETH), BNB Good Chain ($BNB), Polygon ($MATIC), Avalanche ($AVAX), Base ($BASE) and now Solana ($SOL) to spare.
To buy with SOL, merely head to the web site and choose “Purchase With SOL” from the drop-down menu of the purchase widget. Doing so will transport customers to a Solana-based model of the positioning hosted on solana.thedogeverse.com.
The choice to pay with Solana is hosted on a subdomain, attributable to pockets join capabilities not having the ability to assist Ethereum Digital Machine (EVM) and Solana-integrated wallets in tandem.
The SOL-specific model of the Dogeverse web site additionally provides the flexibility to purchase tokens utilizing Circle’s vastly standard USDC, which is the stablecoin of selection on the Solana community.
#Cosmo ventures to a brand new world within the huge #Blockchain Universe! 🚀
This time touchdown on planet #Solana and increasing the horizons of the #DOGEVERSE much more! 🪐
Empowering customers with advantages like:
⚡️ Lightning-Quick Transactions
— DogeVerse (@The_DogeVerse) April 30, 2024
💸 Low Transaction Prices
🌐 Scalability and… pic.twitter.com/BH4l5RjhIS
At the moment priced at $0.000304 and attributable to rise in a couple of days, Dogeverse offered out its preliminary tender cap allocation of 200 billion tokens after trending virally on launching originally of April.
A heady $1 million flooded the venture barely 48 hours into its ICO, promoting out of tokens allotted to the primary two presale rounds and much exceeding the crew’s preliminary expectation of a 6-day first spherical.
This enabled Dogeverse to maneuver onto the second half of its ICO a day forward of schedule. An extra 200 billion tokens are being offered to the general public throughout the remaining rounds earlier than the presale closes. Initially, this was deliberate for June 11, nonetheless, as a result of immense success of the presale, it’s prone to conclude considerably earlier.
The funds from these extra tokens, which might in any other case be offered on decentralized (DEX) or centralized (CEX) exchanges after the declare, will now be used to bolster liquidity to make sure high-volume buying and selling and for buy-back funds.
Token holders can stake on Ethereum to earn passive rewards.
The crew is at the moment working in the direction of CoinGecko and CoinMarketCap itemizing functions, whereas later DEX and CEX listings type a part of the venture roadmap.
Bridging Blockchains with $DOGEVERSE Tech 🌉📚
Wormhole and Portal Bridge play an important position in enhancing the interoperability throughout the #DOGEVERSE ecosystem. 🔑 🔗
We’re desirous to study out of your experiences—share your ideas and insights beneath! #AltSeason #ETH #SOL #BNB pic.twitter.com/7rZm66mCWj
— DogeVerse (@The_DogeVerse) April 30, 2024
Cosmo Is A New Hyper-Leaping Multi-Chain Good Boy
The market’s urge for food for canine-themed cash started with Dogecoin (DOGE) again on the finish of 2013. Dogecoin didn’t want a lot of a gross sales pitch, as a result of it was based mostly on a viral meme that nearly anybody with a social media account had seen earlier than. (Wow! Such meme! Very crypto!)
Since then, many celebrities have professed their love for the novelty canine cryptocurrency, together with Tesla CEO Elon Musk, American entrepreneur Mark Cuban, and musicians Gene Simmons and Snoop Dogg.
However enjoyable as it might be, Dogecoin isn’t with out its issues.
Since Dogecoin is its personal proprietary community based mostly on Bitcoin, it makes use of a consensus mechanism referred to as Proof-of-Work (PoW) to validate transactions. Which means the miners with essentially the most computation and energy mine essentially the most Dogecoin. Like Bitcoin, mining DOGE consumes lots of vitality.
Doge was adopted by Shiba Inu (SHIB), Floki (FLOKI), Bonk (BONK), and DogWifHat (WIF). All of them reference unique viral doge memes in a roundabout way, however all of them have both come from essentially the most commercially essential blockchain, Ethereum, or its nearest rival, Solana, each of which use much less vitality than Bitcoin and Dogecoin.
Thus far, not one of the various Dogecoins have critically challenged the unique’s dominance.
Dogeverse hopes to vary that. It’s constructed on a multichain community spanning six chains, none of which deploy the PoW consensus mechanism.
On the heart of the Dogeverse is our four-legged good friend Cosmo. Born from a supernova, Cosmo found he had a novel capability: the ability to hyper-jump throughout universes.
Now, Cosmo desires to share the chain-leaping enjoyable together with his homeowners.
🌟 Introducing #Cosmo, the outstanding #Doge born from stardust! 🌠
Because the ambassador of #DOGEVERSE, Cosmo symbolizes liberty, ingenuity, and unity.
Embark with him on an journey throughout the #Crypto cosmos, breaking boundaries and venturing into uncharted territories collectively. 🚀 pic.twitter.com/wzLatjuLMu
— DogeVerse (@The_DogeVerse) April 21, 2024
Analysts are anticipating probably price-driving information this month, on Could 23. That’s the SEC’s first deadline to reply to the newest spherical of functions for US spot Ethereum ETFs.
The date may mark the beginning of a possible Ethereum gold rush, and with Ethereum being crypto’s most commercially essential blockchain, the entire ecosystem will profit.
So will Layer 1 rivals like Solana and Avalanche and Layer 2s like Polygon, all of that are native to the Dogeverse.
Given the truth that a federal courtroom overturned the SEC’s earlier refusal of Bitcoin ETFs as “arbitrary and capricious” it’s attainable that spot Ethereum ETFs will go by unopposed, smashing the doorways down for the approval of comparable merchandise for Solana and Avalanche.
The ETF impact is a really actual catalyst, too. Earlier this 12 months, the US launch of 11 spot Bitcoin ETFs rallied the unique cryptocurrency to set a brand new excessive watermark of $73,737.94 on March 14.
So Cosmo is a clear and inexperienced consultant of not one, not two, however six totally different blockchain networks. And with staking capabilities, seamless multi-chain enjoyable and a probably catalytic information cycle within the coming months, what’s to not love about crypto’s new hyper-jumping pupper?
Be part of the presale over on the Dogeverse web site earlier than the value rises.
Dogeverse – Multichain Meme Coin
- Early Entry Presale Reside Now
- Bridge To Solana, Base, BNB Chain, Polygon, Avalanche
- Staking Rewards – thedogeverse.com
- Commerce With Low Charges
- World’s First Chain Travelling Doge – Cosmo
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