As the US Presidential election approaches, opposing approaches to the cryptocurrency industry and its regulation are becoming contentious. Former US President and Republican Presidential candidate Donald Trump has promised to support cryptocurrency companies if re-elected. The US billionaire also challenged incumbent President Joe Biden with this announcement.
While Donald Trump said in his post on his social media platform Truth Social that he has positive thoughts towards cryptocurrency companies, he said: “The crooked Joe Biden, the worst president in the history of our country, wants the crypto industry to die a slow and painful death. This will never happen with me.” he said.
This support from the former president brought a rise to the Trump-themed meme coin MAGA. It has increased by more than 20 percent as of the time this news was written. While investors were excitedly waiting for the US elections, they started to turn to meme coins again due to the rise that came after a single tweet. Dogeverse token purchases, which left their mark on 2024 with the pre-sale event, reached almost 20 million dollars.
Last Chance for Dogeverse: One Week Left
Cryptocurrency investors are highly motivated to participate in presale pricing before Dogeverse (DOGEVERSE) lists on exchanges. Its discounted price and what it promises position it as the most important pre-sale of the year.
Quickly reaching its cap and raising more than $15 million in pre-sale, Dogeverse is now heading towards its cap and imminent release.
The project, which attracts attention with its multi-chain nature, offers one last opportunity for those who want to purchase Dogeverse tokens, as its pre-sale is about to end.
Dogeverse’s pre-sale event has entered its final seven days before the token goes public. The pre-sale will officially end on June 3 at 13:00 ET. This gives investors one last opportunity to purchase DOGEVERSE at a discounted price of $0.00031 before the coin is listed on exchanges.
Although the exact exchange has not been announced, Uniswap is predicted to be a possible platform by users of the Dogeverse Telegram group.
According to the official plan, Dogeverse is currently in development. This phase includes completed presales, contract vetting, and community building initiatives. The company plans to move into the Awareness phase, where they will implement marketing efforts and submit applications to crypto data aggregators CoinMarketCap and CoinGecko.
Following these procedures, Dogeverse will move into the expansion phase and be listed on decentralized exchanges (DEXs). Although no exact timeframe is mentioned, the roadmap also includes plans to list on centralized exchanges (CEXs). The launch of DOGEVERSE is awaited with great excitement and is said to be one of the most anticipated events of the year.
Why Dogeverse Is So Popular In The Meme Coin World
The Dogeverse team plans to launch its distribution approach on the Ethereum blockchain, chosen for its robust security and widespread use.
After a successful debut on the Ethereum blockchain, Dogeverse will expand its presence to five other blockchains. The company plans to deploy the new meme coin across multiple blockchain networks, including Solana, Polygon, Avalanche, BNB Chain, and Base, using Portal Bridge and Wormhole technologies.
The phased rollout of multiple chains aims to appeal to a wider audience of buyers with different blockchain preferences. This technique is expected to improve the trading experience by allowing owners to access Dogeverse at different speeds and fees.
Dogeverse Attracts Investors with Its Staking Mechanism
Staking stands out as an additional advantage for owners. Community members have the opportunity to use a staking app to purchase and stake Dogeverse tokens and receive passive rewards. According to the website, people who invest in Dogeverse can earn a remarkable 48 percent annual return. Additionally, more than 33 billion DOGEVERSE tokens have already been staked. With exchange listings imminent, it is predicted that more investors will also stake their tokens.
Additionally, since a significant portion of the supply is locked and out of circulation, this prevents the market from being flooded with DOGEVERSE, helping to keep the price stable.
When this is combined with a capped supply to prevent inflation, the Dogeverse appears to have a solid foundation for growth.
Expectations After Stock Exchange Listing
Excitement around Dogeverse is also growing due to favorable crypto market conditions. After years of anticipation, the SEC has finally given investors a boost by approving spot Ethereum ETFs in the US.
Although these ETFs have little to do with meme coins, they are spreading positive sentiment, creating a bullish environment, and some are even predicting that a Dogecoin ETF could happen at a future date.
Additionally, Dogeverse’s team takes a more thoughtful approach than most meme coin developers. Coinsult, an expert in blockchain security, conducted a contract audit on the new meme coin to ensure project integrity. This focus on transparency was also one of the main reasons for the influx of funds.
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