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Could This New Meme Coin Give 100x Gains After Raising $15M?

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Forget about finding the next 10x crypto gem – some traders are looking for 100x gains from one new meme coin project.

The project in question is Dogeverse (DOGEVERSE), an ambitious cross-chain coin that has raised over $15 million in its presale phase.

With that hype (and funding) behind it, could DOGEVERSE be the next meme-inspired crypto to explode?

Dogeverse Presale Raises Millions Ahead of DEX Launch

When it comes to generating pre-launch buzz, the Dogeverse team has been crushing it.

This multi-chain meme coin project has already raised millions from investors looking to get involved as early as possible.

And that fundraising momentum doesn’t seem to be letting up anytime soon.

With DOGEVERSE tokens still available for just $0.00031 ahead of the highly-anticipated DEX launch, traders are loading up in the hopes of potential 100x gains.

The level of presale mania is drawing comparisons to similarly hyped meme coin events like March’s Book of Meme (BOME) token.

At the time, reports emerged that BOME’s presale might have broken records by raising $100 million before listing.

While Dogeverse’s presale may not be at that level, many early backers believe it could be on track to deliver similar explosive results.

DOGEVERSE has a 200 billion token supply, meaning it theoretically has a market cap of around $62 million based on its current presale value.

This would cement DOGEVERSE as one of the biggest meme coin launches to date.

Multi-Chain Capabilities & Staking Rewards Drive Presale Success

One key factor fueling Dogeverse’s presale raise is the development team’s vision of connecting the world’s biggest blockchains.

This involves DOGEVERSE being accessible across six major chains right out of the gate – Ethereum, Solana, Avalanche, Polygon, BNB Chain, and Base.

Using protocols like Wormhole, Dogeverse will allow token holders to swap and transfer between these ecosystems in seconds.

This multi-chain approach automatically gives Dogeverse exposure and utility that’s far beyond that of most meme coins.

Even major altcoins like SOL or AVAX don’t offer such broad cross-chain interoperability.

Furthermore, Dogeverse’s team is also rolling out a staking protocol offering 53% APY for token holders.

Despite still being in presale mode, this protocol has already seen 30 billion DOGEVERSE tokens being locked up.

That amounts to $9.3 million in total value.

Ultimately, the combination of staking rewards and multi-chain capabilities seems to have been a winning formula for Dogeverse so far.

Can the DOGEVERSE Meme Coin Deliver 100x Gains This Year?

With Dogeverse’s presale raising millions and the token’s features generating huge hype, can it actually 100x after hitting the open market?

The recent return of meme coin mania certainly seems to be creating the ideal environment.

Roaring Kitty’s return to Twitter last week has reignited speculative demand from traders.

Meanwhile, growing chatter around a potential spot ETH ETF being approved in the US has led to an uptick in bullish sentiment across the board.

Against that backdrop, Dogeverse has been receiving endorsements from top names in the crypto space, amplifying its reach even more.

For example, YouTuber Jacob Bury described DOGEVERSE in a video released today as one of the best meme coins to buy now.

The popular 99Bitcoins channel went even further, speculating that DOGEVERSE could offer 100x potential from current levels.

Of course, lofty price predictions are common in the meme coin space.

Dogeverse will need to retain its relevance and illustrate the real-world value of its cross-chain properties to truly deliver those 100x gains.

However, if the token does 100x post-listing, it could become one of the most successful meme coin launches of 2024.

Visit Dogeverse Presale

Disclaimer. This is a Market Release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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