The new multi-chain meme coin Dogeverse has surpassed $10 million in presale.

Kabir903

The emerging multi-chain meme coin Dogeverse ($DOGEVERSE) has exceeded its soft cap target ahead of schedule, successfully completing its presale, attracting over $10 million in funds, shaking up the saturated market filled with meme tokens.

This is one of the series of new meme coins inspired by Shiba Inu in the cryptocurrency world, attracting the attention of meme fans, crypto players, and crypto evangelists, who believe its multi-chain capabilities are a harbinger of tomorrow's meme tokens.

Currently priced at $0.000301, it has risen in less than two days. Dogeverse has sold out its soft cap allocation of 200 billion tokens in the frenzy following its launch.

Just 48 hours after the ICO, the project attracted $1 million in funding, selling out the tokens allocated for the first two rounds of presale, far exceeding the team's initial expectations of a six-day first-round sale.

Two weeks ahead, Dogeverse has entered the second half of the ICO one day ahead of schedule. An additional 200 billion tokens will be sold to the public in the next five rounds of sales, with a deadline of June 11th.

The funds from these additional tokens, originally intended to be sold on decentralized (DEX) or centralized (CEX) exchanges after declaration, will now be used for liquidity and buyback funds.

Token holders can stake on Ethereum to receive passive rewards.

The team is currently working on listing on CoinGecko and CoinMarketCap, with subsequent listings on DEX and CEX exchanges as part of the project roadmap.

But why is everyone so hyped about Dogeverse?

Dogeverse: The First Multi-Chain Good Dog
It all started with Dogecoin (DOGE) at the end of 2013. Its cute avatar doesn't need much promotion because it's based on a viral meme image that almost everyone with a social media account has seen. (Wow! So meme! Much crypto!)

After Dogecoin came Shiba Inu (SHIB), Floki (FLOKI), Bonk (BONK), and DogWifHat (WIF). They all somehow reference the original viral dog meme, but none of them are multi-chain.

Dogecoin is based on its own proprietary network, another proof-of-work (PoW) blockchain that consumes a lot of electricity to verify blocks and mine DOGE.

Since then, Dogecoin's competitors have come either from the commercially most important blockchain Ethereum or its recent competitor Solana, both of which consume less energy than Bitcoin and Dogecoin.

Dogeverse is built on a multi-chain network spanning six chains, with no deployment of a PoW consensus mechanism. It is already running in real-time on Ethereum, BNB Smart Chain, Polygon, Base, and Avalanche. Solana's rollout is imminent.

The center of Dogeverse is our four-legged friend Cosmo. Cosmo was born in a supernova and found himself with a unique ability: super-jumping through the universe.

Now, Cosmo wants to share the joy of chain-hopping with his owners.

Jafar224

It's already known that the presale has exceeded expectations.

Isha000

There hasn't been such a significant change in price before.