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Dogeverse Price Prediction As Presale Nears End

Michael Abadha Blockchain market writer
    Summary:
  • We discuss Dogeverse price prediction as it enters the final week of its presale, having raised more than $15 million.

Dogeverse has entered the final week of its presale, and the market is upbeat about its performance once it lists on exchanges. The presale will come to an end on June 3, and thereafter, you will no longer have the opportunity to purchase the token at the discounted price of $0.00031.

One of the biggest attractions around the token is the high staking yields, which can go as high as 69%. However, the downside to it is that such a high yield could potentially raise the inflationary pressure on the token, which could ultimately devalue it. That said, the interest in the project is not only from “regular” retail clients, but also from whales, one of whom have invested 62.5 ETH during the presale period.

Dogeverse has a total supply of 200 billion tokens, out of which 25 percent have been allocated towards marketing, 10 percent for providing liquidity to decentralised exchanges (DEXs) and 5 percent will go to centralised exchanges.

Using Wormhole and Portal bridges, Dogeverse has been able to break the monotony of meme tokens being confined to a single network. By going against the norm, the token will be easily transferable across chains, including Avalanche, Base, BSC, Ethereum, Polygon and Solana. More freedom means greater chances of leveraging earning opportunities and transaction efficiencies across multiple chains.

How to Buy Dogeverse in Presale

If you wish to buy DOGEVERSE during the presale, follow the following steps:

Step 1:  Set up a Wallet – Create one of the four supported crypto wallets (MetaMask, Coinbase Wallet, Wallet Connect and Best Wallet) and fund it with Ether or USDT.

Step 2 – Visit the official website, thedogverse.com and connect your wallet

Step 3 – Purchase the token: Once you’ve connected your wallet, input the amont of ETH or USTD you wish to spend on the purchase into the presale prompt on the website and click on the Buy button. Confirm the purchase on your wallet.

Step 4 – Wait for the end of the presale to claim your tokens. The tokens will be deposited on the wallet address you used to buy Dogeverse.

What next after the Dogeverse presale?

With the presale having raised more than $15 million and closing in on $17 million hard cap, there’s no doubt that it has been a success. The presale will usher in token claim on June 5 at 10 am UTC. Those who miss out on the presale will still be able to purchase Dogeverse on DEXs at the end of the presale, but at a higher listing price.  While the project has not specified the exchanges where it will list the token, it has stated that it will apply for listing on analysis sites CoinMarketCap and CoinGecko, and also conduct DEXTools Update, and Birdeye Update.

Dogeverse price prediction

Many sites have predicted that Dogeverse will likely be a huge success, and its price could rise to $1 within the next year. Two of the two key reasons given are its presale success and multichain support. However, while this is true, it is important to remember that Dogeverse is a crypto asset like any other, and is potentially volatile. Furthermore, it has no underlying utility, which makes it dependent on hype and sentimental community support. These are factors that typically do not hold on for long. Therefore, much as Dogeverse couls go on to hit $1, it could also head below the listing price if the excitement around it dissipates.