Leading meme coin Dogecoin (DOGE) appears to be on the verge of a significant surge that could push its price to a new record high and even reach $1.
In February and March, Dogecoin experienced a decline in popularity compared to other notable meme coins such as PEPE, BONK, and WIF, which reached unprecedented levels of success. However, as of the time this news was written, it managed to gain more than 14 percent in the last week.
Additionally, barring a negative response from the U.S. Commodity Futures Trading Commission (CFTC), Coinbase Derivatives is expected to begin trading for DOGE Futures on April 1.
Finally, April 20 is known as “Doge Day” and it is said that the top meme coin may rise further around this date. Market research platform Layergg reports that this date is important because meme coins typically react sensitively to such events. This release of Dogecoin directs investors to DOGE alternative coins. Three of these in particular attract attention.
Dogecoin20 (DOGE20) – Presale Meme Coin Soaring in Price
Dogecoin20 (DOGE) entered the meme coin market very quickly. The pre-sale event raised more than $8.1 million, exceeding the $7.24 million target. This cryptocurrency combines elements of meme culture with on-chain staking, offering a new take on Dogecoin but also harboring unexplored purposes.
The project’s distinctive value proposition, which integrates meme culture with blockchain staking capabilities, is attracting a lot of attention from investors. This strategy attracted the attention of many investors and accelerated Dogecoin20 token purchases in a short time.
DOGE20 tokens are currently priced at $0.000208 during the presale period and their price will increase as the presale continues. There is a two-day window before the subsequent increase in pricing.
The prospect of earning a significant Annual Percentage Yield (APY) of 125 percent through staking DOGE20 tokens is a significant attraction for investors. 15 percent of the project’s entire token supply is designated to fund these staking payments. This provides a degree of usefulness not often observed in meme coins.
In addition to providing financial incentives, Dogecoin20 aims to expand its influence beyond the realm of digital platforms. It aims to provide aid to charitable efforts and social initiatives. The project has a six-stage plan to achieve these goals. In doing so, it establishes itself as a leader in advancing inclusivity and impact in the cryptocurrency industry.
Green Bitcoin (GBTC) – Project Raising More Than 8.5 Million Dollars with Its Environmental Consciousness
Green Bitcoin (GBTC) is seen as a DOGE alternative cryptocurrency project worth watching due to its unique Gamified Green Staking mechanism. For this reason, the number of investors who want to buy Green Bitcoin token is increasing. Due to the increase in interest, the fund collected exceeded 8.5 million dollars.
The guess-and-win market is being restored by Green Bitcoin, allowing its users to invest in GBTC to make predictions about the Bitcoin price and receive incentives for making accurate predictions.
GBTC holders can receive bonus tokens and earn a 77 percent annual base rate by accurately predicting Bitcoin’s price movements.
The provision of incentives is facilitated by the daily mining rewards pool, which is allocated a fund of 27 percent of the total supply to distribute rewards over the next two years.
Individuals who participate in staking their GBTC for longer periods of time are rewarded with more incentives. Thus, users are motivated to stay in the system for longer periods of time. According to analysts, the implementation of the staking mechanism is expected to cause a supply shock in the open market for GBTC following presale.
Green Bitcoin is currently available in a pre-sale. The token can be obtained from the official website of the project using various payment methods such as ETH, USDT or credit/debit cards.
DogWifCat (DogWifCat) – Meme Coin Experiencing Rapid Increase and Announced CEX Listings
The latest Solana meme coin, DogWifCat (DWIFC), was introduced on Wednesday last week. Since then, it has increased significantly by more than 2,000 percent to $0.01188 due to intensified DogWifCat token purchasing activity.
Aside from Bitcoin reaching unprecedented levels, the most significant development in the cryptocurrency industry is the dominance of Solana. By now, everyone who is interested in dog-themed meme coins knows the definition of Wif-hat. DogWifCat, on the other hand, takes a slightly different path from the others by leaving the hat aside and opting for a rhyming cat. It is noteworthy that the meme coin has a distinctive ring, a feature that has significant value in the field of virality.
DWIFC has rapidly grown to a market cap of $11.7 million and has generated a trading volume of $7.58 million since its inception. The number of holders has increased to over 8 thousand.
Decentralized exchanges such as Jupiter or Raydium offer the opportunity to obtain DWIFC via SOL exchange using Solana or a Solana-based token. On the other hand, it is said that the token will be listed on leading exchanges in the cryptocurrency market. According to the team, DogWifCat is close to being listed on central exchanges.
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