The cryptocurrency market’s latest meme sensation is starting to gain mainstream attention.
Dogeverse (DOGEVERSE), the world’s first cross-chain meme token, just topped $10 million during its initial coin offering (ICO) as investors jockey for exposure ahead of its exchange debut.
Dogeverse pre-sale heats up as list exchange countdown begins
The Dogeverse ICO shows no signs of slowing down as the collision of blockchain technology and meme culture reaches another major milestone.
And investors are scooping up DOGEVERSE tokens whenever possible at prices as low as $0.000301.
Fueling this initial momentum is complete accessibility.
Buyers can use ETH, USDT, or even credit/debit cards to load into DOGEVERSE, bypassing the usual complexities of cryptocurrencies.
However, the current ICO stage will end in just 24 hours, after which a round with a slightly higher price will start.
This means there is only a limited amount of time to buy at $0.000301 before the price spikes, creating a significant opportunity for investors.
Additionally, the pre-sale hard cap is set at $17 million, leaving only 41% of the token allocation remaining.
As the countdown to Dogeverse’s market debut ticks down, one thing is clear. That said, this token capitalizes on investor demand for meme coins with real utility.
Exploring the Dogeverse – How does the DOGEVERSE token work?
It’s easy to see why Dogeverse has gotten cryptocurrency developers so excited.
This is more than just a meme coin, it is a “chain-traveling” Doge token designed to unite meme coin communities such as Ethereum, Solana, Avalanche, and BNB Chain.
Cosmo, the galaxy’s Shiba Inu mascot, is at the center of the project.
As the story progresses, Cosmo was born from a collapsing supernova and has the ability to “hyperjump” between blockchains.
His voyage across Ethereum and Solana led to the creation of the Dogeverse ecosystem itself.
Now, Cosmo is sharing its superpowers and allowing DOGEVERSE owners to move freely between networks.
Thanks to seamless bridging technology, you can exchange this token between six major chains in just a few clicks and with minimal fees.
No longer required to operate on a single blockchain, memecoin investors will finally be able to move to multiple chains.
Unsurprisingly, Dogeverse’s eye-catching setting has garnered praise.
A video published by YouTube analyst TodayTrader earlier this month went viral, receiving more than 42,000 views.
In the video, TodayTrader explained why he believes DOGEVERSE could have “1000x potential” if listed on an exchange.
While this prediction is extremely optimistic, it does illustrate the level of hype currently swirling around the Dogeverse.
Dogeverse team believes the future of meme coins is cross-chain
While the meme coin space was once dismissed as a joke, projects like Dogeverse signal a cultural shift.
Meme coins are becoming mainstream, attracting the attention of both retail and institutional investors.
This growing acceptance is also evident in the listing of meme tokens on top exchanges.
Coinbase launched PEPE perpetual futures earlier this week following significant investor demand and will also offer WIF futures.
But Dogeverse aims to take this movement a step further by focusing on interconnectivity.
As the first cross-chain meme asset, DOGEVERSE represents a completely new way of thinking.
The implications of this can be severe.
Investors can easily exchange DOGEVERSE tokens between Ethereum and Solana to take advantage of DeFi opportunities.
Alternatively, you can provide liquidity across multiple chains to maximize revenue.
Dogeverse is therefore positioning itself as a pioneer of what could be a new wave of cross-chain meme tokens by leveraging protocols like Wormhole.
All in all, with an exchange listing underway, things could get very real for DOGEVERSE and its holders.
If the development team successfully launches, DOGEVERSE could become the next breakout meme coin in the market.
Access the Dogeverse presale
