New meme coin Dogecoin20 hits $2M raised in 3 days

March 19, 2024 03:44 AM AEDT | By Invezz

New meme coin Dogecoin20 hits $2M raised in 3 days — Image source: Invezz

What is Dogecoin20?

Dogecoin20 views itself as the “ultimate Doge upgrade.” It intends to offer staking and eco-friendly rewards, thus sending “Elon’s fave” toward a more sustainable future.

In its whitepaper, the project explains its intention to make Dogecoin20 both distinctive and innovative while drawing inspiration from the oldest meme coin that started this sector more than a decade ago.

The team is guided by the ethos of “doing only good every day.” As such, their intention is to continue the legacy of the Doge family and revolutionize the concept of community building and engagement, using meme campaigns. Token holders will have the ability to stake their tokens for passive staking rewards.

What is next for Dogecoin20?

The first step in Dogecoin20’s journey is the presale, combined with a marketing campaign. This is its way of ensuring a level playing field for all investors — by providing a transparent, fair presale, that everyone can take part of. After that, it will move on to Phase 2, which is when early supporters and DOGE20 buyers will be offered a unique opportunity to become early stakers, even before the listing day.

Presale token claiming will come only in Phase 3, followed by the actual listing on Uniswap in Phase 4. After that, Phase 5 will bring allocated liquidity provision, and lastly, Phase 6 will enable long-term staking for passive rewards.

About Dogecoin20

Dogecoin20 is a new meme coin inspired by Dogecoin (DOGE), but running on Ethereum’s blockchain. While it is inspired by the first and largest meme coin, it plans to be a more versatile and greener version of it.

The project’s presale is still ongoing as of the time of writing (March 18), but it is already one of the most dynamic presales that the meme coin sector has ever seen, raising $2 million in only 3 days.

Visit Dogecoin20 Website

Contact

Dogecoin20
[email protected]

The post New meme coin Dogecoin20 hits $2M raised in 3 days appeared first on Invezz

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