Crypto Gloom

$10 Million Raised and Counting: Why is Dogecoin20 trending ahead of Doge Day?

Dogecoin20 (DOGE20) is presented as the ultimate upgrade of Dogecoin operating within the Ethereum ecosystem. It offers more flexibility in token storage and trading, follows a fixed supply model, and offers attractive passive income opportunities.

Within days of launch, DOGE20 presales reached the $10 million milestone, hinting at explosive pumping in the pipeline. However, investors will be able to purchase the tokens at a discounted fixed price before the exchange launch scheduled for Governor’s Day.

Why are investors turning to DOGE20?

Dogecoin20 is currently leading the dogcoin pack with some interesting prospects.

First of all, DOGE20 introduces passive income opportunities and staking features for community members. Starting from the pre-sale phase, investors can utilize the tokens and receive rewards for as long as they wish to hold them.

The staking opportunities position it as a strong alternative to Dogecoin and other saturated high-value meme coins.

Dogecoin holds a historic position in the cryptocurrency market due to its pioneering role in the meme coin revolution, but it is not without its drawbacks. Its endearing appeal has been overshadowed by unlimited supply that presents a challenge to price action.

For example, DOGE price has seen a noticeable downward trend due to continuous token issuance. This can be seen in the 70% drop in prices since May 2021.

Dogecoin historical price changes, source: CoinMarketCap

DOGE20 solves this problem by implementing a fixed supply model that creates a fertile environment for long-term growth.

Using Ethereum smart contracts streamlines the investment process for DOGE buyers. This allows tokens to avoid the complexities associated with wallet setup and token storage, providing a more user-friendly experience.

For this reason, Dogecoin20 is considered the ultimate upgrade of Dogecoin.

Dogecoin vs Dogecoin20 – Which Meme Coin Has Better Investment Prospects This Month?

The MEMCOIN market is eagerly awaiting Governor’s Day on April 20th.

Dogecoin20’s exchange launch is scheduled for the same day to capitalize on meme coin mania. Dogecoin is expected to be pumped ahead of date along with other existing meme coins such as Shiba Inu, Dogwifhat, Pepe, and Bonk.

However, due to its low initial market cap, Dogecoin20 leaves more room for returns than these high-cap assets. This prospect has attracted a new wave of investors to Dogecoin20 who missed out on past large-scale meme coin rallies.

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Most investors tend to join already well-established meme coin trends, but this comes at the expense of potential initial profits. If the underlying ecosystem and security measures are promising, meme coin investments are best made early, preferably during the pre-sale stage.

This explains why the Dogecoin20 presale sold out much faster than expected. The token establishes credibility in both of these areas, making it a more attractive investment option. It has undergone a comprehensive smart contract audit by Coinsult and has implemented fair tokenomics, ruling out concerns about rug pulls.

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The ultimate factor in any investment decision is the potential return on investment (ROI). In this respect, Dogecoin20 emerges as a more attractive alternative to Dogecoin, offering higher upside potential.

Even after reaching the $10 million goal, increasing traffic towards presales reflects the project’s viral momentum. It boasts a favorable risk-reward ratio for pre-sale buyers.

Buy DOGE20 at pre-sale price

Slotthana is the Latest Solana Meme Coin Sensation

Slotthana ($SLOTH) has been gaining popularity in the Solana meme coin category since its pre-sale launch last week. To date, SLOTH has raised $5 million in presales at a record pace.

The project’s success is not shrouded in mystery. Slotthana’s design and execution are strategic. The shift in focus from existing Solana meme coins like Dogwifhat to Slotthana is evident in the price chart.

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Dogwifhat 1-day price action, April 1, 2024, Source: CoinMarketCap

The core “office sloth” theme resonates deeply with the cryptocurrency community looking to escape the traditional 9-5 routine. This laid a strong foundation for Slotthana’s community building.

The strength that Slotthana has demonstrated since the pre-sale phase is similar to community-driven projects such as Shiba Inu, which have expanded and diversified their offerings over time.

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Investors are buying $SLOTH before it’s too late, as Slotthana has yet to debut on exchanges and pre-sales have surpassed $5 million.

Visit $SLOTH Presale