As the question of whether Dogecoin will reach $1 or not arises, DOGE20 countdown has begun.
The Dogecoin (DOGE) project, famous for its dog-themed meme coin, dominated March 28. The price of DOGE rose to $0.21, its highest level since January 2022, and increased by about 13.35%. Outperforming many of its rivals, including Bitcoin and Ethereum, over the 24-hour period, DOGE created excitement in the crypto market.
When we talk about Dogecoin, we also see the name of crypto enthusiast and famous billionaire Elon Musk in this rise. After Musk obtained three more licenses in the US states of Illinois, New Mexico, and Oregon to operate a payment service on the X social media platform, the popular meme coin DOGE started to rise.
The move of the famous billionaire, who previously obtained licenses in 32 states last year, led to speculation that Musk would integrate DOGE into X’s payment platform. Following the speculations, Dogecoin rallied, drawing attention.
Whether Dogecoin will reach $1 in the bull market is one of the most wondered topics. Looking at the April 2024 DOGE price predictions, we see that Changelly analysts predict a minimum of $0.152 and a maximum of $0.182. According to the CoinMarketCap data, DOGE is trading at $0.21 at the time of writing.
However, predicting how high Dogecoin will go if Musk makes a move on the International DOGE Day on April 4 is difficult. If we see the typical Musk effect and one of his rallies, Dogecoin can be quite profitable.
April 4 is also related to another project. The Dogecoin20 project, which continues its presale and receives intense interest from investors, plans to launch its DEX on April 4. Considering the project’s name and the importance of this day for DOGE, it seems the project team is moving forward with a clever strategy.
Countdown for Dogecoin20 Begins
The countdown has started for DOGE20, a new meme coin project themed “Stake and Win” and aimed at meeting investors who want to buy Dogecoin20 tokens at discounted prices. Prior to the token claim and DEX launch on April 4, the project team gave investors one last chance.
The presale of the Dogecoin20 project took place gradually with an increasing price strategy for each stage. In the presale, which has exceeded $10 million in raised funds, the team decided to provide an extra opportunity to early investors.
The project team, which has not stopped token sales until April 4, is gaining applause from the DOGE20 community due to the bonus stage. In the presale, where investors lined up, it is possible to take advantage of fixed prices before exchange listings.
Investors wishing to buy Dogecoin20 tokens in the bonus stage pay $0.00022 per token. While the token price remains uncertain after the upcoming listings, the launch day creates great excitement.
Following Musk obtaining licenses, Dogecoin’s rally, and Dogecoin20’s DEX listing on the same day, there is almost a surefire expectation for a new uptrend. Positioned as Dogecoin’s upgrade, DOGE20’s listing in DEXs on the same day adds excitement for token holders.
Dogecoin Upgrade DOGE20 Exceeds $10 Million
Officially, the DOGE20 project has no direct relationship with Dogecoin, but the project team describes this initiative as a DOGE upgrade built on the Ethereum blockchain. DOGE20, which uses less energy, is attracting attention from both meme coin enthusiasts and environmentally conscious investors in its presale.
The $10 million raised in the presale shows high expectations for the DOGE20 project. In addition to buying Dogecoin20 tokens, investors have the opportunity to earn passive income by staking these tokens.
So far, more than 32 billion DOGE20 tokens have been staked. The project promises participants 6751 DOGE20 tokens for each ETH block. The annual percentage yield (APY) of the staking pool is currently at 87%.
The DOGE20 project team shows that it puts the crypto community at the forefront with every move. The allocation of 25% of the tokens to the presale, the bonus presale stage conducted due to intense demand, and high staking rewards make DOGE20 a project designed by an experienced crypto team.
The project team also attracts attention with the date of April 4 selected for the launch. It is almost impossible to think of a better day for the launch of DOGE20, named after the popular meme coin DOGE and the ERC-20 protocol, than International DOGE Day.
Prior to exchange listings, investors are taking advantage of their last chance. The investors who participated in the bonus stage of the presale by paying $0.00022 now only need to wait for the listings and take advantage of the staking feature if they prefer.
The Ethereum-based new meme coin project Stake and Win, Dogecoin20, invites meme coin enthusiasts and environmentally conscious investors. Investors can purchase DOGE20 through USDT, ETH, BNB, or card transactions through the project’s website before the launch.
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