Ethereum

Dogecoin

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Dogelon Mars

Shiba Inu

<img src="https://cdn.thebittimes.com/images/2024/03/19/1710862071.webp" alt="">
New crypto project ‘Dogecoin20’ has entered the market with a bang. This greener version of Musk's favorite token has raised over $3 million in its presale at <a href="https://cryptofinance.care/b_dogecoin20-en1_67888?referrer=dogecoin20-launches-crypto-presale-with-a-bang---raises-over-$3-million-in-days" target="_blank" rel="noopener noreferrer nofollow">dogecoin20.io</a>.
The project's proof-of-stake attributes and sustainable nature while staying true to the imagery Dogecoin cultivated has enticed the crypto community as a whole.&nbsp;
Can Dogecoin20 (DOGE20) become one of the biggest meme coins of 2024?
<h2 dir="ltr" id="span-what-is-dogecoin20-span">What is Dogecoin20?</h2>
There have been more than a few cryptocurrencies in the market that have tried to mimic Dogecoin. We've had Dogs of Elon and Dogelon Mars in the past, all of which tried to emulate Dogecoin's success to varying degrees. However, limited utilities coupled with the blatant copying of attributes didn't allow these tokens to thrive.&nbsp;
<img src="https://lh7-us.googleusercontent.com/due-InPiiWrTovHG18jMiGwP7sA12ozj-Pd_hAs-wFtPYTgTUh04tylMPzaccSUwNAPjRTq5g_NmyBLyI9P1Lugt_jj5x5T-N4CagVBarPEQiZg5sVhzZEc2pooaSCP7WY9fRpz3_vJBFI1SEOyQ9_A" width="546" height="345" style="display: block; margin-left: auto; margin-right: auto;">
Dogecoin20 is doing something much more utility-based. While it has the same aesthetics as Dogecoin, complete with a cute Shiba Inu that has been used as the project's mascot, it is also introducing long-term perks like staking that will help Dogecoin20 to stay sustainable for a long time.
<h2 dir="ltr" id="span-positive-imagery-reinforced-by-positive-goals-span">Positive Imagery Reinforced by Positive Goals</h2>
At the center of this newest doge-based is an image of a Doge. Carrying the same cute factor as the original DOGE, Dogecoin20's overarching goal is to protect the environment while transforming the meme coin community into a den of positivity.&nbsp;&nbsp;
It does so by standing on the same message as Dogecoin: "do-only-good-everyday". However, the message is not the extent to which Dogecoin20 is mimicking DOGE.&nbsp;&nbsp;
It has the same tokenomics as the original Dogecoin and has applied the same emission schedule. The only stark differences are two that make Dogecoin20 a more valuable asset in the long run.&nbsp;
<h2 dir="ltr" id="span-two-features-that-transform-dogecoin20-into-a-future-forward-crypto-span">Two Features that Transform Dogecoin20 into a Future-Forward Crypto</h2>
Two of the biggest shortfalls of Dogecoin have been its inflationary nature and proof-of-work blockchain.&nbsp;
Since Dogecoin is inflationary, the number of DOGE tokens inflates every year, making its value solely dependent on the community's sentiments. As a result, most serious investors have stayed away from DOGE.&nbsp;
The second factor that draws criticism from eco-centric crypto enthusiasts is Dogecoin's proof-of-work blockchain. With a power consumption equivalent to that of Gabon and a carbon footprint equivalent to Macau, Dogecoin is a power-hungry asset.&nbsp;
Dogecoin20 takes care of these issues through two features.&nbsp;
<h3 dir="ltr" id="span-built-on-the-ethereum-blockchain-span">Built on the Ethereum Blockchain</h3>
Dogecoin20 is built on the Ethereum blockchain. Being developed on a proof-of-stake chain makes it more efficient in terms of energy. It consumes 99% less power than the original Dogecoin and offers a staking mechanic that makes holding Dogecoin20 a way to generate constant gains over the long term.&nbsp;
<h3 dir="ltr" id="span-a-deflationary-crypto-span">A Deflationary Crypto</h3>
Like Dogecoin, Dogecoin20 has a total supply of 140 billion tokens. However, unlike the OG DOGE, Dogecoin20's supply is deflationary. There will only be 140 billion tokens, and no new ones will be created. This deflationary element adds scarcity to the DOGE20 ecosystem, allowing it to grow in the long term.&nbsp;
<iframe width="560" height="315" src="https://www.youtube.com/embed/iVa0nYupTKo?si=-knnT67mbb98kRj6" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
<h2 dir="ltr" id="span-dogecoin20-staking-generate-passive-gains-during-presale-beyond-span">Dogecoin20 Staking - Generate Passive Gains During Presale &amp; Beyond</h2>
Dogecoin20's current utility is staking. Holding Dogecoin20 tokens will allow users to earn a high APY. Presale investors can tap into this utility from the very start. The official website lets users buy and stake their tokens simultaneously, earning over 200% in rewards paid out in additional DOGE20 tokens.&nbsp;
<img src="https://lh7-us.googleusercontent.com/vSyWNZ24rPV8sJW2AL7kVXpjL8tsc0GY1gqgYBP94C_ZE6c1lbgi4tTb8I0l7t59QOma-svHXwB3kX6RiCK2cTJxcoIHxuw-iq7U-4ayduZupM30GpCzt7EQGhi2wkUrP9M_DjVb1Pxrt4i53_Gm3IU" width="624" height="443" style="display: block; margin-left: auto; margin-right: auto;">
Dogecoin20 has allocated 15% of the total supply to staking and will distribute it to holders over the next 2 years. The APY investors earn will depend on the annual return percentage and number of tokens staked.&nbsp;
<h2 dir="ltr" id="span-dogecoin20-tokenomics-span">Dogecoin20 Tokenomics</h2>
Here is a look at Dogecoin20's tokenomics.&nbsp;
<ol>
 <li dir="ltr" aria-level="1">25% is for the presale</li>
 <li dir="ltr" aria-level="1">25% is for the marketing</li>
 <li dir="ltr" aria-level="1">25% is for treasury</li>
 <li dir="ltr" aria-level="1">15% for staking</li>
 <li dir="ltr" aria-level="1">10% to liquidity.&nbsp;</li>
</ol>
<h2 dir="ltr" id="span-dogecoin20-is-primed-to-transform-into-a-different-asset-with-time-span">Dogecoin20 is Primed to Transform into a Different Asset with Time</h2>
Dogecoin20 has a straightforward approach to its presale. It states that its current goals are to go live on major cryptocurrency exchanges and establish a long-term community through staking.&nbsp;
However, as the project progresses, it hopes to add more utilities. While it has yet to reveal which types of perks it might introduce, it would be interesting to see if it adopts Dogecoin's charity-focused approach or Shiba Inu's gaming ecosystem.&nbsp;
Whatever it may be, it can potentially transform into a different project, provided it maintains its relevance in the crypto community.&nbsp;
To stay updated with Dogecoin20's latest developments, use the links below.&nbsp;
<ol>
 <li dir="ltr" aria-level="1"><a href="https://twitter.com/DOGE_COIN20" target="_blank" rel="noopener noreferrer nofollow">Twitter</a></li>
 <li dir="ltr" aria-level="1"><a href="https://t.me/DOGE_COIN20" target="_blank" rel="noopener noreferrer nofollow">Telegram</a></li>
 <li dir="ltr" aria-level="1"><a href="https://cryptofinance.care/b_dogecoin20-en1_67888?referrer=dogecoin20-launches-crypto-presale-with-a-bang---raises-over-$3-million-in-days" target="_blank" rel="noopener noreferrer nofollow">Website</a></li>
</ol>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dogecoin20-launches-crypto-presale-with-a-bang-raises-over-3-million-in-days-tbt82952.html">https://thebittimes.com/dogecoin20-launches-crypto-presale-with-a-bang-raises-over-3-million-in-days-tbt82952.html</a>

Dogecoin20 Launches Crypto Presale with a Bang - Raises Over $3 Million in Days

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