Shiba

Dogecoin

Shiba Inu

Elon Musk

As the bull market decelerates, leading meme coins, Shiba Inu, and Dogecoin, have drawn particular attention due to their recent price movements.
Shiba Inu (SHIB) has increased by 160% over the past month, with its price now slightly below $0.0003. However, it has decreased by 30% in the last two weeks.
Dogecoin (DOGE), on the other hand, has seen its price rise by 55% in the past month. Although, it has also experienced a decline of 21% in the last two weeks.
While both meme coins have been in the spotlight, a new cryptocurrency, Dogecoin20 ($DOGE20), is emerging as a potentially significant player. It has already raised $4 million in its presale phase, indicating strong interest and potential for growth.
Analysts are closely monitoring it, suggesting it might outperform other meme coins soon.
Let’s find out why $DOGE20 got crypto influencers hyped up.
<a href="https://bs_3c0b5e31.coinrepublic.care?referrer=why-this-low-risk-coin-could-outperform-shiba-inu-(shib)-and-dogecoin-(doge)-in-2024" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt;&gt;Buy Dogecoin20 Now&lt;&lt;&lt;</a>
<h2 class="wp-block-heading" id="strong-dogecoin20-aims-to-improve-the-original-doge-functionality-with-new-features-strong">Dogecoin20 Aims to Improve the Original DOGE Functionality with New Features</h2>
Dogecoin20 is taking the meme coin concept to the next level by integrating a proof-of-stake consensus mechanism. That approach drastically cuts down on the project’s environmental impact.&nbsp;
The initiative is inspired by the original Dogecoin’s motto of “Do Only Good Everyday.”
<div class="wp-block-image">
 <figure class="aligncenter size-full is-resized"><img loading="lazy" decoding="async" width="699" height="526" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20-Aims-to-Improve-the-Original-DOGE-Functionality-with-New-Features.webp" alt="Dogecoin20" class="wp-image-197813" style="width: 100%;height:auto" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20-Aims-to-Improve-the-Original-DOGE-Functionality-with-New-Features.webp 699w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20-Aims-to-Improve-the-Original-DOGE-Functionality-with-New-Features-300x226.webp 300w" sizes="(max-width: 699px) 100vw, 699px">
 </figure>
</div>
This crypto aims to extend this philosophy by maintaining <a href="https://www.thecoinrepublic.com/2024/03/16/dogecoin-bulls-ride-high-as-raffle-coin-raff-presale-sets-sights-on-20x-surge/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin</a> community and fun spirit. It will improve that with practical features that address modern concerns.
While Elon Musk originally planned DOGE to be more eco-friendly, that idea hasn’t taken off. Dogecoin20 is looking to change that and honor the Tesla CEO’s vision. Simply put, this crypto is advancing the meme coin idea.
<a href="https://bs_3c0b5e31.coinrepublic.care?referrer=why-this-low-risk-coin-could-outperform-shiba-inu-(shib)-and-dogecoin-(doge)-in-2024" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt;&gt;Buy Dogecoin20 Now&lt;&lt;&lt;</a>
<h2 class="wp-block-heading" id="strong-dogecoin20-launches-staking-feature-for-passive-earnings-with-doge-inspired-cryptos-strong">Dogecoin20 Launches Staking Feature for Passive Earnings with Doge-Inspired Cryptos</h2>
It is shaking things up for its community by introducing a staking feature that lets users earn passive income. By depositing their $DOGE20 tokens into the staking protocol, community members can set themselves up for rewards that accumulate over time.
<div class="wp-block-image">
 <figure class="aligncenter size-full is-resized"><img loading="lazy" decoding="async" width="858" height="639" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20-Launches-Staking-Feature-for-Passive-Earnings-with-Doge-Inspired-Cryptos.webp" alt="Dogecoin20" class="wp-image-197812" style="width: 100%;height:auto" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20-Launches-Staking-Feature-for-Passive-Earnings-with-Doge-Inspired-Cryptos.webp 858w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20-Launches-Staking-Feature-for-Passive-Earnings-with-Doge-Inspired-Cryptos-300x223.webp 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20-Launches-Staking-Feature-for-Passive-Earnings-with-Doge-Inspired-Cryptos-768x572.webp 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20-Launches-Staking-Feature-for-Passive-Earnings-with-Doge-Inspired-Cryptos-750x559.webp 750w" sizes="(max-width: 858px) 100vw, 858px">
 </figure>
</div>
The unique aspect of this system is how the rewards are calculated. The number of tokens you stake against the total pool directly influences your earnings. In simpler terms, the more you stake, the more you stand to earn.
To get the ball rolling and boost participation, Dogecoin20 has allocated 15% of all $DOGE20 tokens to fund these staking rewards over the next two years.&nbsp;
In a move to make the first year particularly attractive, 12.5% of the total reward pool will be up for grabs. This generous early allocation is a strong motivator for users to start staking as soon as possible.
<a href="https://bs_3c0b5e31.coinrepublic.care?referrer=why-this-low-risk-coin-could-outperform-shiba-inu-(shib)-and-dogecoin-(doge)-in-2024" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt;&gt;Buy Dogecoin20 Now&lt;&lt;&lt;</a>
<h2 class="wp-block-heading" id="strong-dogecoin20-s-strategic-reward-allocation-fuels-long-term-growth-strong">Dogecoin20’s Strategic Reward Allocation Fuels Long-Term Growth</h2>
It is more than just a way to earn passive income – it’s built on a strong tokenomics strategy aimed at ensuring the project remains sustainable and competitive. The project, driven by its community, has allocated its 140 billion $DOGE20 tokens to balance growth and stability effectively.
During the presale phase, 35 billion tokens were offered at $0.00014 each. The price has since risen to $0.000202 per token, and it’s expected to keep climbing as the presale progresses.
<div class="wp-block-image">
 <figure class="aligncenter size-full is-resized"><img loading="lazy" decoding="async" width="762" height="422" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20s-Strategic-Reward-Allocation-Fuels-Long-Term-Growth.webp" alt="Dogecoin20's" class="wp-image-197811" style="width: 100%;height:auto" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20s-Strategic-Reward-Allocation-Fuels-Long-Term-Growth.webp 762w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20s-Strategic-Reward-Allocation-Fuels-Long-Term-Growth-300x166.webp 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/Dogecoin20s-Strategic-Reward-Allocation-Fuels-Long-Term-Growth-750x415.webp 750w" sizes="(max-width: 762px) 100vw, 762px">
 </figure>
</div>
To grab the necessary attention in the crowded space of dog-themed meme coins, this project has set aside another 25% of its tokens for marketing initiatives. It is a strategic move aimed at boosting the project’s profile and attracting more participants.
Regarding the distribution of the rest of the tokens, here’s how it breaks down:
– 15% is designated for staking rewards, which supports passive income opportunities for those in the Dogecoin20 community
– 10% of the tokens are reserved for liquidity on Decentralized Exchanges (DEX) to enable a smooth and stable trading experience as Dogecoin20 launches on these platforms. This thoughtful allocation supports the project’s long-term goals, demonstrating a commitment to future success
– 25% is funneling into the project’s treasury to support future development and operations, ensuring financial health
<a href="https://bs_3c0b5e31.coinrepublic.care?referrer=why-this-low-risk-coin-could-outperform-shiba-inu-(shib)-and-dogecoin-(doge)-in-2024" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt;&gt;Buy Dogecoin20 Now&lt;&lt;&lt;</a>
<h2 class="wp-block-heading" id="strong-final-thoughts-strong">Final Thoughts</h2>
With the bull market showing signs of slowing down, leading meme coins such as Shiba Inu and Dogecoin are experiencing a downturn.
However, there’s a new player on the scene, Dogecoin20, which offers a fresh investment opportunity.
It aims to outperform the current favorites and position itself as the top-performing coin of 2024.
It’s backed by a combination of strong tokenomics, increasing positive sentiment, a dedicated community, and a strategic plan that builds upon the legacy of the original DOGE, suggesting the possibility of significant returns.
If you’re looking to get in on the ground floor, now is the perfect time to consider investing in $DOGE20 before it skyrockets.
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

Why This Low-Risk Coin Could Outperform Shiba Inu and Dogecoin in 2024?

Table of Contents

Thecoinrepublic.com

Other articles published on Mar 21, 2024

Aptos surges while Milei Moneda rises: Crypto race intensifies

Crypto Market Today : Fed’s Dovish Stance Sparks Rally: Bitcoin Hits $67K, ETH, DOGE & PEPE Spike

Cryptocurrency Markets Rally as Bitcoin and Other Digital Currencies Achieve New Heights

UNUS SED LEO (LEO) and Dai (DAI) Supporters Join Kelexo’s (KLXO) Presale, Anticipating Notable Re...

Arthur Hayes predicts $10 surge for dogwifhat as memecoin mania heats up

Embracing Interoperability: The Nemesis Pioneers the Future of Metaverse Connectivity

Join our free newsletter for daily crypto updates!