The content and materials featured on this page are for educational purposes only. The crypto market’s decline has impacted meme coins like Dogwifhat and Bonk, which are down by 7.8% and 5% respectively. In contrast, the new memecoin Dogeverse has seen significant growth, with over $12.8m raised in presale.
Over the past day, the crypto market’s decline has intensified the week-long downtrend of Dogwifhat and BONK, falling by nearly 7.8% and 5% in the last 24 hours, respectively. However, amidst the struggles of many meme coins, the new multi-chain token Dogeverse is experiencing bullish growth, raising over $12.8 million in presale in less than a month since its launch. Dogwifhat has experienced a significant decline of nearly 8% today, currently priced at nearly $2.4.
Despite this, it remains up 30% for the month. On the other hand, BONK is currently trading near $0.00002295, having recently broken out of a descending channel pattern on its daily chart and entering a price discovery mode. Despite the recent decline, traders remain optimistic about meme tokens and expect more gains amid a bullish crypto market.
There is a shift towards early-stage meme tokens that still hold significant potential for upside gains. Dogeverse has garnered attention for its ability to operate on several different blockchains and its unique character called Cosmo, a dog born from a supernova that can ‘hyper-jump’ across different blockchains. In the presale phase, Dogeverse offers a highly rewarding staking program to early buyers, with an APY of over 85%.
However, this percentage will decrease as more investors join its staking pool. Early investors are provided with 15% of these tokens at a discounted price in the current presale phase. Disclosure: This content is provided by a third party.
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