The cryptocurrency market has experienced many eye-catching price performances of dog-themed meme coins. Tracing it back from the rise of Dogecoin to the surge in the price of Shiba Inu, not forgetting Floki and dogwifhat (WIF).
A new meme coin—DOGE2014—is about joining the league, which is raising questions about if it could be the next big hit in the dog-themed meme coin space.
Many dog-themed coins are leading the meme coin space, starting from Dogecoin, which is the first and has spiked in value by more than 100,000% since its beginning to its current all-time high. The coin paved the way for other tokens in this class of asset to enter the crypto market and gain value.
Similarly, Shiba Inu took the same drive as it spiked to become the second-largest meme coin per market capitalization.
More so, Floki, named after Elon Musk’s dog, had an over 1,500% increase in price between October and June. And just a few months ago, from January to April, dogwifhat had a 5,000% jump in price.
The surge in the value of these dog-themed coins shows that they have the potential to make a good return for investors who get them early.
Doge2014 is built on the Ethereum blockchain, which gives it an advantage in leveraging the Ethereum ecosystem. Its link to the second largest cryptocurrency per market capitalization could be helpful in its growth, putting into factor how well other Ethereum-based meme coins like Shiba Inu have done in the past.
The approval of the Ethereum exchange-traded funds (ETFs) could also be an advantage for tokens like DOGE2014. The approval is expected to drive more investment in the entire ETH ecosystem.
The developers of Doge2014 have set the token price at the value Dogecoin was worth in 2014. This approach could attract investors who regret not buying Dogecoin at its early stage. It could also create FOMO in them.
More so, the crypto project has staking features, which could further motivate people to join the platform. It could also help encourage people to hold on to the token for a longer time and potentially reduce constant sell-offs.
DOGE2014 tokenomics is structured to help it grow fast and last a long time. 60% of tokens are allocated for presale, 25% for staking, 10% for providing liquidity, and 5% for marketing the token.
The crypto project also has a tiered bonus structure for those who buy the token at the early stage, with token bonuses ranging from 10% to 50% based on the investment amount.
DOGE2014 has started with its presale. It will be growing its community by conducting marketing campaigns, forming partnerships, and being active on social media.
There is also a plan for an official launch of DOGE2014 on major crypto exchanges, which will enhance the accessibility and adoption of the dog-themed meme coin.
The team will also continue to celebrate major achievements with the community and make plans for what’s next. This could include improving the Doge2014 system, adding new features, or finding new ways for people to use the Doge2014 token.
DOGE2014 presale is ongoing, priced at $0.000282, and it’s expected to increase as the presale proceeds. The project has been able to raise over $140,000 so far.
Purchasing the DOGE2014 token is straightforward; interested persons can simply connect their wallet to the presale site, which requires approving the contract on their wallet.
After that, they can continue by following the instructions on the site to purchase the token using their preferred cryptocurrency. Participants can claim their tokens in their wallet addresses.
The odds seem to be in the favor of DOGE2014 to be the next dog-themed meme coin to spike. Its mission of paying homage to Dogecoin, coupled with other favourable factors, places it on the list of meme coins to watch out for.
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