What is Dogeverse? | Tokenomics & Current Price

Move over, Dogecoin, there's a new doge on the crypto block. Say hello to Dogeverse ($DOGEVERSE), the latest meme coin that's sparking interest after its initial launch in June 2024.

But this isn't your standard trendy token. Dogecoin is barking up a whole new tree in the crypto space by bridging six major blockchains, making it the world's first multi-chain meme coin.

Could Dogecoin be the next game-changer? Only time will tell. Let's explore what makes Dogeverse stand out from the pack, its unique benefits, and all the important tokenomics.

What is Dogeverse?

Dogeverse officially launched on June 5, 2024, following a successful initial coin offering (ICO) that raised $17 million, making it a fresh face in the crypto space.

Dogeverse today stands out among the oversaturated meme coin market with its multi-chain utility. It supports seamless transactions across six major blockchain ecosystems:

• Ethereum
• BNB Chain
• Polygon
• Solana
• Avalanche
• Base

This design ensures seamless interoperability and liquidity across decentralized exchanges (DEXs) and multiple blochain networks, ensuring faster transactions, lower gas fees, and improved accessibility.

The cornerstone of Dogeverse's appeal is the Dogeverse bridge, which uses Portal Bridge's "Wormhole technology" for seamless cross-chain transactions. This makes Dogeverse one of the most versatile meme coins on the market, appealing to both crypto traders and dApp users.

The project aims to unite crypto communities around a shared love for the iconic 'Doge' memes, building a unified ecosystem with real utility, headed by its mascot, Cosmo, the chain-traveling Shiba Inu character.

Dogeverse Tokenomics

Dogeverse has a total supply capped at 200 billion tokens, strategically allocated for growth and sustainability:

• 10%: Reserved for staking rewards, encouraging token holders to lock in and maintain the network, allowing them to earn Annual Percentage Yields (APY), based on staked token percentages.
• Remaining Supply: Allocated to marketing, development, exchange liquidity, and future listings to ensure steady expansion and support from the crypto meme community.

By focusing on multiple crypto chains, Dogeverse makes it easier for users to trade Dogeverse and interact with the token on DEXs, staying true to its multi-chain vision and community-focused approach.

Dogeverse Price History

Dogeverse price chart screenshot taken from CoinMarketCap on December 9, 2024.

Since its launch, Dogeverse has experienced significant price fluctuations, so potential investors should proceed cautiously.

• All-Time High (ATH): $0.0003368 on June 9, 2024, shortly after its release
• All-Time Low (ATL): $0.000012 on December 5, 2024
• Current Price (December 9, 2024): $0.00001327 with a 24-hour trading volume of $9.09K (USD price)

These changes mark a substantial decrease from its ATH, reflecting market volatility influenced by trends and investor sentiment.

While the Dogeverse token initially generated excitement, its performance underscores the importance of careful research and risk assessment in the unpredictable cryptocurrency market.

For the latest updates, consult real-time data sources.

Final Thoughts

Dogeverse stands out from the crowd with its multi-chain versatility and community-driven creative fun. With its ambitious tokenomics, max supply of 20 billion, cross-chain capabilities, and meme-driven narrative, it has positioned itself as a cryptocurrency to watch.

However, like all cryptocurrencies, Dogeverse carries its share of risks. Its price history demonstrates significant volatility and the project's long-term success depends on delivering promises and maintaining community trust. Approach Dogeverse with curiosity and caution—research thoroughly, stay informed, and only invest what you can afford to lose.

FAQ

As a relatively-new cryptocurrency, there are, understandably, a lot of questions surrounding Dogeverse. Here are some frequently asked questions.

Is Dogeverse legit?

Dogeverse appears to be a legitimate project with strong initial investor interest, raising significant funds during its ICO. However, concerns exist due to market volatility, associated scams impersonating the project (like the "DOGEVERSE Pre-Launch" scam), and typical risks tied to new cryptocurrencies. Investors should approach with caution, conducting thorough research before investing.

Where to buy Dogeverse?

Dogeverse can be acquired through several decentralized exchanges (DEXs) and select centralized exchanges (CEXs).

• DEXs: Uniswap V3 (Ethereum, BNB Chain, Base)
• CEXs: MEXC Global and Bilaxy.

What is the market cap of Dogeverse?

The current circulating supply of Dogeverse is 0, so its current market cap is also 0. When the bull market arrives, Dogeverse may show significant growth potential.

What is the all-time high of Dogeverse?

The all-time high of Dogeverse was $0.0003368, which was the highest price paid for Dogeverse since it launched.

What will the price of Dogeverse be in 2025?

Based on its price history, Dogeverse is projected to reach $0.0075 by the end of 2025.

How to buy Dogeverse crypto?

Fancy adding Dogeverse to your crypto portfolio? Follow these simple steps:

1. Choose a platform: Decide between a DEX or CEX based on your preferences.
2. Set up a compatible crypto wallet: For DEX transactions, use a compatible crypto wallet (MetaMask, Coinbase Wallet). For CEXs, register for an account on your chosen exchange.
3. Fund your account: Deposit the required base currency (ETH, USDT, BNB, SOL, etc).
4. Execute the trade: Select the appropriate trading pair (DOGEVERSE/ETH).
5. Review the transaction details: Check gas fees and processing times before confirming.
6. Your Dogeverse crypto tokens should appear in your wallet or exchange account.

For the most current information and detailed guidance, refer to Dogeverse's social media channels and reputable cryptocurrency platforms.

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• What Does Volatility Mean in Slots?

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Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments are speculative and carry significant risks such as high volatility and potential losses. Always conduct your own research and due diligence before engaging with any cryptocurrency assets. Be cautious of potential scams, fraudulent activities, and misleading information associated with online investments. Consult a qualified financial advisor if you have questions or concerns regarding cryptocurrency investments or trading. Rivalry is not responsible for any losses incurred from the use of this information.