Altcoins
$DOGEVERSE Presale Raises Over $15M, Altcoins Surpass Stablecoins
While serious cryptocurrencies like $BTC and $ETH are falling (-8.72% and -10.42% monthly decrease respectively), meme coins are on the rise.
The price of $TRUMP increased by 21% in the last 24 hours and 40% in the last month; $APU saw a 27% monthly and annual increase of 1,104%. Other altcoins are following suit, including presale tokens like $DOGEVERSE.
THE the first multi-chain meme coin has already raised over $15 milliondegenerate investors rushing to get their share, as less than 15% of the tokens allocated for the presale remain.
Could $DOGEVERSE become the next $DOGE? Why are altcoins outperforming major cryptocurrencies? Let’s break it down.
Centralization and regulatory scrutiny are destabilizing the crypto market
Although the current situation does not yet constitute a bear market, prices of established coins have recently been on a downward trend despite significant gains since the start of the year (BTC has increased by 130%$ETH by 64%and $SOL by 566%).
A potential $XRP Robinhood List could be one of the reasons for this change. On the surface, Ripple’s victory against the SEC, its re-listing on major CEXs and the likely introduction of $XRP ETFs should revive investor confidence.
Yet the use of custodians presents a trend toward centralization, in which third-party platforms hold the keys to investors’ coins and therefore control their assets.
Actually, the SEC is now going after Robinhood itselfdelivering him a Well Notice regarding alleged securities violations. Previously, the SEC had targeted UniswapConsensys and several other popular trading platforms.
Add tighten crypto regulations in the United States and beyond, the imprisonment from the former CEO of Binance, and $USDT loses its anchor to the mix, and a perfect storm is brewing.
Recent Research from Deutsche Bank casts an even darker cloud over stablecoins, warning of a scenario in which $USDT Unpegging Could Trigger Huge Losses for Leveraged Traders and destabilize the entire crypto market.
Investors flock to Altcoins amid crypto uncertainty
Given the uncertainty surrounding $BTC and $USDT, the rise of speculative coins is not as surprising.
Investors are flocking to volatile assets that may not show long-term potential, but offer quick returns and help offset losses in established coins.
Meme coins like $WIF and $PEPE do not act as a hedge against inflation and are rarely useful, but they are more attractive to investors in situations where long-term holdings are at risk.
$DOGEVERSE Presale Reaches Its Final Stages
Running simultaneously on Ethereum, BNB Chain, Polygon, Solana, Avalanche and Base$DOGEVERSE provides seamless interoperability and aims to dominate through choice rather than limitations.
Additionally, projects like Dogeverse could change the coin landscape.
Wormhole and Portal Bridge technology allows $DOGEVERSE to secure cross-chain navigation, reduce transaction fees, and provide flexibility to traders.
This approach perpetuates the projectbecause it does not depend on the performance of a single network.
Additionally, early investors can stake their $DOGEVERSE immediately with up to 62% dynamic APY to maximize their returns at the end of the pre-sale. Analysts like Jacob Bury predict that $DOGEVERSE 100x increase after listingbut only time will tell what the future holds.
These factors caused investors to flock to the $DOGEVERSE presale, resulting in a surge over $15 million to date and only one step left until the token is claimed.
💰$DOGEVERSE currently costs $0.00031, so $1,000 can buy over 3 million tokens.
It’s no wonder some investors are buying tens of thousands of tokens.
HAS buy $DOGEVERSE, visit the pre-sale site, connect your wallet, select the network, enter the number of tokens you want to buy and confirm the transaction. You can stake your tokens immediately or HODL and receive them at the end of the presale.
⚠️Beware of scammers trying to replicate the project and only use the official pre-sale link.
Final Thoughts
After crossing the $15 million milestone, $DOGEVERSE presents the last chance for investors to obtain tokens at a price lower than the listing price.
Faced with uncertainty surrounding major players and increased regulations, investors are seeking refuge in alternative assets, and memecoins are responding with unexpected resilience.
However, in these volatile times, we must remind you to always DYOR and never invest more than you are willing to lose.
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