5 Emerging DOGE Projects That Might Be Worth Your Money
In the 2021 bull run, dog-themed cryptocurrencies dominated the market. It all started on April 2, when Elon Musk tweeted “Dogecoin is arguably my favorite cryptocurrency. It’s pretty cool.” In the weeks that followed, Dogecoin — the cryptocurrency’s original meme — rocketed from a paltry $0.05 to a high from $0.75 on May 7. That means a DOGE holder who had $100 worth of Dogecoin on April 2 would have had $1500 less than a month later.
With the CEO of Tesla including DOGE in his accepted payments for the sale of merchandise and superchargers and suggest While people who subscribe to Twitter Blue should be able to pay with Dogecoin, DOGE itself (about $0.08 at the time of writing) still has huge upside potential. But many feel that they have missed the asset’s heyday. They are looking for the next 10,000x that come from early adoption alone. These five dog themed coins have the potential to do just that.
Baby Doge ($BABYDOGE) is a deflationary token designed to become scarcer over time. They charge a 5% fee for each sale of the asset and distribute that fee to Baby Doge coin holders – meaning the longer you hold it, the more you can earn. It is worth noting that Musk himself tweeted about Baby Doge on July 1, 2021. Currently, Baby Doge has a market cap of $263 million.
Dogelon Mars ($ELON) is a dog themed project that aims to surpass the success of Dogecoin. As the website says, “I am Dogelon. Dogelon Mars. Join me and together we will reach the stars.” The page hints at Musk’s vision of colonizing Mars, though the controversial billionaire hasn’t named the property yet.ELON is currently ranked number 126. CoinMarketCap with a market cap of $267 million.
Mini Doge ($MINIDOGE) started out as a deflationary meme coin, but has since evolved into a Web 3 ecosystem, complete with an earning adventure game that allows holders to earn NFTs and more tokens. Mini Doge has a market cap of just $2.3 million.
Pulse Doge wins ($PULSEDOGE) is a community meme token built on Binance Smart Chain with the intention of adopting PulseChain – a new layer 1 blockchain to be launched later this year. The website claims that at the time of the launch of PulseChain, those who have PulseDoge on BSC will receive an equal 1:1 airdrop on PulseChain. This means that if you buy the token now, you will get double for your money. PulseDoge has a market cap of $7.5 million.
Dogechain ($DC) is an emerging layer-1 blockchain designed to give DOGE more DeFi utility. For a limited time, $DOGE holders can claim free $DC tokens when bridging their DOGE from centralized exchanges or other chains. Wagering bridged $DOGE earns $DC tokens over time, while wagering $DC allows users to earn proceeds, prizes, rewards and voting rights on the Doge DAO. This means that buying $DOGE can now yield exponential gains when $DC is launched. In addition, the DogeChain team has a big-a-day giveaway for the whole month of May. There are still a few days left to enter.
The epic bull run of 2021 is over, but another bull market is coming and people love their dogs. Dog themed projects will continue to dominate the memecoin space for the foreseeable future. Do you want 1,000x?