A new Ethereum-based meme coin that’s about to launch is turning heads in the market.
With under one hour left until its Uniswap listing, the buzz around Dogecoin20 (DOGE20) – a meme token with built-in staking rewards – is building rapidly.
Dogecoin20 gears up for first DEX listing on Uniswap
After completing a highly successful presale that raised over $10 million, Dogecoin20 is preparing for its next act.
Early investors with the foresight to get in on the ground floor can claim their DOGE20 tokens today from 10am UTC.
They can also stake their tokens to begin earning rewards right away.
The next stage will begin immediately afterwards when DOGE20 hits the open market via a listing on Uniswap, one of the world’s largest DEXs.
That means anyone can trade the eco-friendly meme coin that has quickly gained attention in the past few weeks.
Dogecoin20’s staking system and sustainable tokenomics have clearly struck a chord, with the project amassing over 18,000 Twitter followers and 11,700 Telegram members looking to stay up-to-date on this new token.
With the hype building around the upcoming listing, all eyes are on DOGE20 as it transitions from presale to public trading.
Holders who got in early are anticipating possible gains when the retail community gets their first chance to buy DOGE20 on the open market.
What makes DOGE20 more than just another meme coin?
While the original Dogecoin is often praised for its “first mover” status, it’s limited by an inflationary supply.
Dogecoin20 improves on this by implementing a fixed supply, which may allow for price appreciation as demand increases – without being outpaced by inflation.
The developers have also laid out an extensive roadmap to guide its growth, kicking off with the current presale and upcoming DEX listing.
From there, DOGE20 will focus on providing liquidity pools, launching its own rewards program, and executing a comprehensive marketing strategy - all funded by the $10 million raised in the presale.
To ensure security and transparency, the DOGE20 team prioritized having the project audited by the blockchain specialists at Coinsult.
Their audit confirmed the token’s functionality and distribution model while identifying no significant issues.
With a clear plan in place, an audited codebase, and a unique spin on a beloved meme coin, Dogecoin20 hopes to be a meme coin with real staying power.
Dogecoin20’s launch coindicdes with the halving & Doge Day
Dogecoin20 is launching at a particularly opportune time when the crypto world is bracing for two potentially enormous events.
First, the highly anticipated Bitcoin halving is expected to occur in less than two days.
This has historically ushered in bull markets and increased interest in crypto.
Second, this Saturday marks the annual “Doge Day” – an informal holiday celebrated by the meme coin faithful.
Given Dogecoin’s origins as a lighthearted meme coin, Doge Day often sparks a flurry of social media activity, trading speculation, and general FOMO.
As such, it creates the ideal backdrop for a new meme coin like DOGE20 to capture attention.
With its eco-friendly rewards system and enticing tokenomics setup, Dogecoin20 appears to be launching at just the right moment.
As both the Bitcoin halving and Doge Day loom, a wave of investors may enter the space looking for the next big thing.
DOGE20’s Uniswap debut provides a timely on-ramp for this incoming crowd to join the fun.