5 Up-and-Coming DOGE Projects that Might be Worth Your Money
25 Mai 2022 - 06:51AM
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In the 2021 bull run, cryptocurrencies that played on the dog theme
dominated the market. It all started on April 2nd, when Elon Musk
tweeted “Dogecoin might be my fav cryptocurrency. It’s pretty
cool.” In the weeks that followed, Dogecoin – cryptocurrency’s
original meme – skyrocketed from a meager $0.05 to a high of $0.75
on May 7th. That means a DOGE holder who had $100 of Dogecoin on
April 2nd would have had $1500 less than a month later. With the
Tesla CEO incorporating DOGE into its accepted payments for
merchandise sales and supercharging stations and suggesting that
people who subscribe to Twitter Blue should be able to pay with
Dogecoin, DOGE itself (approximately $0.08 at the time of writing)
still has massive upside potential. But many feel as though they’ve
missed out on the asset’s heyday. They’re looking for the next
10,000x that only comes from early adoption. These five dog-themed
coins have the potential to do just that. Baby Doge ($BABYDOGE) is
a deflationary token designed to become more scarce over time. They
charge a 5% fee for each sale of the asset and redistribute that
fee to Baby Doge Coin holders – meaning the longer you hold, the
more you can earn. It’s worth noting that Musk himself tweeted
about Baby Doge on July 1st 2021. Currently, Baby Doge sits at $263
million market cap. Dogelon Mars ($ELON) is a dog-themed project
that seeks to outpace Dogecoin’s success. As the website says, “I
am Dogelon. Dogelon Mars. Join me and together we will reach the
stars.” The page refers to Musk’s vision of colonizing Mars –
though the controversial billionaire has yet to mention the asset.
ELON is currently ranked #126 on CoinMarketCap with a market cap of
$267 million. Mini Doge ($MINIDOGE) started as a deflationary meme
coin, but it’s since evolved into a Web 3 ecosystem complete with a
play-to-earn adventure game that allows holders to earn NFTs and
more tokens as they go. Mini Doge has a market cap of only $2.3
million. Pulse Doge Win ($PULSEDOGE) is a community meme token that
was built on Binance Smart Chain with the intent of bringing
adoption to PulseChain – a new layer 1 blockchain set to launch
later this year. The website claims that those who hold PulseDoge
on BSC at the time of PulseChain’s launch will receive an equal 1:1
airdrop on PulseChain. This means that if you buy the token now,
you’ll get double for your money. PulseDoge has a $7.5 million
market cap. Dogechain ($DC) is an up-and-coming layer-1 blockchain
designed to give DOGE more DeFi utility. For a limited amount of
time, $DOGE holders will be able to freeclaim $DC tokens when they
bridge their DOGE over from centralized exchanges or other chains.
Staking bridged $DOGE will yield $DC tokens over time, while
staking $DC will allow users to earn yield, prizes, rewards, and
voting rights on the Doge DAO. This means that buying $DOGE now
could yield exponential gains when $DC launches. Additionally, the
DogeChain team has been conducting a grand-a-day giveaway for the
entire month of May. There are still a few days left to get
involved. 2021’s epic bull run is over, but there will be another
bull market, and people love their dogs. Dog-themed projects will
continue to dominate the memecoin space for the foreseeable future.
Will you 1,000x?
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