Memcoins have once again become the center of attention in the crypto community in recent months, posting staggering growth figures. With many investors looking to more traditional assets, coins like Dogecoin and DOGEN, are showing explosive price increases, drawing attention to this market segment.
Recently Dogecoin , one of the pioneers of the memecoin world, has grown by 20% in a week, giving it a new boost in popularity. However, the real sensation was DOGEN, which jumped by 133% and strengthened its status as a promising asset among crypto enthusiasts and investors.
Solana's DOGEN Memtoken Shows Explosive Growth
DOGEN is a new promising memecoin on the network Solana . The meme token segment is currently leading the trends of the current altcoin season, and DOGEN is poised to follow suit. It is currently considered undervalued and has the potential to grow significantly in this bull market. It may be able to surpass the gains that other memecoins have seen in Solana .
The DOGEN presale has already shown impressive growth. The token’s initial price was $0,0003 in the first stage, and it has now increased by 133%, reaching $0,0007. Currently in the fifth stage, the price is expected to increase by 14,29% as it approaches the next stage of the presale. DOGEN is close to reaching the important $1 million mark, making it one of the most promising projects in the market.
How to buy DOGEN token
The presale will be held in 13 stages, and ahead of that, DOGEN is expected to increase its price to $0,0019 by the Token Generation Event (TGE), representing a 500% increase from the initial price. This makes DOGEN an attractive opportunity for early investors.
A key factor in DOGEN’s success is its community focus. DOGEN’s tiered referral program is designed to reward members at every level. Users earn 7% on direct referrals (tier 1) and even more bonuses when their referrals bring in new members, creating a profit-sharing network.
Take part in the DOGEN presale
Dogecoin: A Meme Cryptocurrency With Growing Potential
Dogecoin (DOGE) is one of the first memecoins, created in 2013 as an alternative to traditional cryptocurrencies. Its logo is the famous meme with a Shiba Inu dog, which emphasizes the project's unconventional approach. Unlike Bitcoin, the supply Dogecoin unlimited: about 10 new coins are mined every minute.
At first perceived as a joke Dogecoin has seen a sharp rise in popularity in 2021, entering the top 10 cryptocurrencies with a market cap of over $50 billion. This rise has been supported by social media activity and, in particular, statements from Elon Musk. The strength of the community and the influence of social media highlight the potential Dogecoin in the current market cycle, making it attractive to long-term investors.
Shiba Inu (SHIB): A Promising Ethereum-Based Memcoin
Shiba Inu (SHIB) is a memecoin built on the blockchain Ethereum in August 2020 by an anonymous developer known as Ryoshi. Thanks to its compatibility with the ecosystem Ethereum , SHIB supports the creation of decentralized applications, including ShibaSwap, its own decentralized exchange. Of the 1 quadrillion tokens issued, half were given to Vitalik Buterin, co-founder Ethereum , who donated some of them to fight COVID-19 in India and burned 40% of the total volume, thereby increasing the value of SHIB.
The project's plans include launching NFT - platforms and control systems based on DAO . Given the active community and integration with Ethereum , SHIB looks like a promising project for investors in the current market cycle.
Final World
The rise of memecoins such as Dogecoin and DOGEN, indicates an increased interest in this segment of cryptocurrencies, which many initially perceived as a temporary phenomenon. Today, memecoins are becoming serious assets that attract the attention of not only ordinary users, but also experienced investors seeking high returns.
DOGEN's rapid growth of 133% highlights the potential of new projects, and the renewed interest in Dogecoin (DOGE) and Shiba Inu (SHIB) only confirms that the memecoin market is far from saturated. As long as the community actively supports these assets and their ecosystems expand, we can expect the memecoin trend to continue. For investors, this opens up opportunities for significant profits, but also requires caution and an assessment of the risks inherent in the volatile cryptocurrency market.
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