Meme coins are always attracted by investors, poised with the meme culture and strong community support these coins have huge demand in the crypto market. One major meme coin to look upon is the newly added DOGEN, the token that surged 500% post-launch. With the narrative of luxury and strong community, the coin is all set to surpass established coins like Dogecoin and Shiba Inu.
DOGEN: Project Overview
DOGEN is a meme coin created on the Solana blockchain. Being the best choice for alpha investors the coin is getting the hype it deserves. The creation of the DOGEN coin has a long story, inspired by the image of Swole Dog, a muscular Shiba Inu Dog that captured wide attention on social media, the coin combines the allure of cultural icons and crypto nerve to create an innovative niche in the crypto industry. The community and strong social media presence have significantly contributed to the popularity of DOGEN, with hashtags, posts, and reposts community members are spreading the DOGEN, wherever possible.
DOGEN Gains Huge Momentum
Since the Raydium DEX listing, the DOGEN coin has shown a significant surge in price, gaining an insane 500% after the February 4 listing. Though a few hours after launch on Raydium, the price went up to $0.0066, it consolidated to around $0.002 later. This is a remarkable increase from the presale, in which the tokens were priced at $0.0003, offering comparably good returns for early backers.
The presale has accumulated $5.5 million, indicating a strong early adoption. The coin has created an established community, it holds more than 30,000 strong community on X, indicating a long-term engagement, unlike other meme coins.
With the CEX listing, which is the major upcoming event for DOGEN, the token’s price is anticipated to increase even higher. With strong fundamentals, expanding community, and tight supply, the token shows all the signs to be the next meme coin to explode.
DOGEN Market Analysis
Current Prize | $0.001980 |
Market Cap | $1.97 million |
24-Hour trading volume | 337.76K |
Fully Diluted Volume | $19.96 million |
Total Supply | 10 billion DOGEN |
Circulating Supply | 1 billion DOGEN |
All-time high | $0.006535 |
All-time low | $0.001834 |
DOGEN Tokenomics
Allocated Area | Allocated Percentage |
---|---|
Presale | 60% |
Liquidity | 5% |
Staking | 15% |
Airdrop and rewards | 10% |
Marketing and KOLs | 9% |
Team | 1% |
How To Buy DOGEN?
$DOGEN can be bought using different blockchains and currencies, users can connect their wallet and purchase DOGEN. Token is listed on Raydium and users can swap SOL for DOGEN.
Is DOGEN A Good Investment?
DOGEN is not just another meme coin, combining luxury and increased community engagement the coin shows a potential for long-term sustainability, making it the next top meme coin to explode. Though the listing has happened, the price is still low, allowing investors to purchase the coin early to gain high returns in the future. However, being a meme coin its momentum depends on the community and meme culture, which can fade over time, so it is difficult to predict whether it is a good investment. Crypto is a volatile market and fluctuations can happen at any time, do your own research before investing in the platform.