DogeLife is a meme-driven crypto project inspired by the popular internet meme “Doge”. They have a strong legacy in the NFT sector, releasing the first-ever Doge-themed collection of 1,000 NFTs on Ethereum back in 2021, preceding the infamous Bored Ape Yatch Club. DogeLife is planning to list its native cryptocurrency, DOGEL token, on the XT exchange platform. This article will give you an insight into what DOGELIFE (DOGEL) is, the key features, the Listing details, sales, and whether this coin will be profitable for investors. Let’s get into it.
About $DOGEL
As mentioned above, DogeLife is a Meme coin inspired by the popular internet meme “Doge,” an internet meme of the Shiba Inu dog. Dogelife, with its deep roots in NFTs, has introduced the $DOGEL token, a community-driven meme coin that will function as a utility asset in the Dogelife ecosystem. The token is set to make its exchange debut on XT, with launches on the other trading platforms to be announced soon.
Here is how the 1 billion token supply of DOGEL will be distributed:
- 42% of the supply is allocated for milestone burns to increase the scarcity and the value of the token. (42 Billion DOGEL).
- 53% is allocated for the community growth and the development of the DogeLife ecosystem. (53 Billion DOGEL).
- The rest of the 5% is dedicated to the core team to support development and operation. (5 Billion DOGEL).
Key Features Of $DOGEL
With $DOGEL expected to be listed on XT and other crypto exchanges, let’s take a look at some of its key features that can be helpful for potential investors.
- Strong Community Support: DogeLife has one of the strongest community foundations as they have a successful history in NFT collections, which enhances the project’s credibility and potential for growth.
- Tokenomics: The supply allocation of $DOGEL is meticulously planned to increase scarcity and the value of the token while enhancing the developmental team and supporting the community through the reward programs.
- Potential for expansion: Having experience in NFTs, $DOGEL has the power to tap into the expansive Meme coin market, offering its investors a wide range of opportunities within a familiar market.
- Features for the future: DogeLife is expanding its ecosystem by introducing a new gaming platform that will provide entertainment and additional utility for $DOGEL holders.
$DOGEL Listed On XT.com Exchange
XT has officially announced that they will be adding $DOGEL to the list of tradeable cryptocurrencies on the exchange. XT has over 800 cryptocurrencies and 1000+ trading pairs. $DOGEL was launched in the DOGEL/USDT trading pair on February 26, 2025. The initial Exchange Offer for $DOGEL in XT Exchange was highly successful as it was sold out in just 11 seconds. The go-live dates for $DOGEL on XT Exchange are as follows:
- Trading will begin on February 26, 2025, at 08:00 UTC.
- Investors can deposit the token from March 3, 2025, at 09:00 UTC.
- The date for withdrawals is the same as the date of deposit.
The subscription for the $DOGEL initial exchange offering (IEO) in the XT platform was on February 22, 2025. Which has now ended. The subscription price of 1 DOGEL on the exchange was 0.00069 USDT, with a minimum and maximum of 50 USDT and 300,000 USDT, respectively. Out of the total supply of 1 billion tokens, XT has been allocated 72.6 million $DOGEL for trade. DOGEL is currently valued at $ 0.000757 with a 24-hour trading volume of $16,114. Further price details will be updated by the XT exchange once trading commences on February 26, 2025.
Conclusion: Should You Invest In $DOGEL
Should you invest in $DOGEL? The decision to invest in the coin or not depends on your ability and circumstances. DogeLife’s legacy in the NFT space and its strong community backing may enhance the market potential of the $DOGEL token. But, being a newly listed token, its initial prices may suffer significant fluctuations, causing partial or total losses. Please do thorough research before investing in similar meme coins and be prudent in your decisions. Make sure to follow the official social media channels of DogeLife and join community forums of $DOGEL holders to stay updated on the latest project-related announcements.
