Cryptocurrencies

Dogeverse Price Prediction: What Could Become of Dogeverse Following Presale Success?

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Written By: Michael Abadha
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    Summary:
  • Dogverse raised more than $15 million in its presale and the project's supporters can't wait for DEX and CEX listings. But is it all rosy?

Many Dogeverse price prediction analysts have called for upsides of as high as 100x gains, and a few have even stated that it could rise to $1- translating to over 320,000% gain from its presale price of $0.00031! Admittedly, all these estimates are a long shot, and it would take something special for any asset to rise that much. However, if there’s one thing we’ve learnt from altcoins, and meme coins in particular, is that they are very capable of skyrocketing to such heights. Dogecoin, Shiba Inu, and most recently, PEPE, have proven this.

Dogeverse Launch Price

For Dogeverse, it is difficult to tell which direction its price could head in the near-term, seeing that it is yet to get listed on any DEX or CEX. That means we do not even know how much its listing price will be.  Nonetheless, the anticipation around the coin’s listing is telling.

The project closed its presale phase on June 5 and those who brought the token already started claiming and receiving their assets. However, those who staked have to wait for an extra week to get their tokens.

Dogeverse roadmap and the downside

Dogeverse is currently in Phase 3 of its 5-phase roadmap. According to the roadmap, the third phase involves marketing initiation and application for listing by leading analytics sites, CoinMarketCap and Coingecko. From there, the next step step will be the highly-anticipated DEX listings, which will provide insights into the price movement. Finally, Phase 5 will involve Centralised Exchange (CEX) listings, which will expose Dogeverse token to a wide market of millions of potential investors.

While the project has a clearly-outlined roadmap, its key undoing has been the lack of a defined timeline for each phase/milestone. For instance, nobody knows when the DEX and listings will take place, and that could end up creating jitters and killing the excitement among some investors. That said, Dogeverse’s multi-chain interoperability gives it an edge over many crypto assets and makes it stand out particularly among meme coins. That could help it fight off the odds and help it rise substantially upon listing.

This post was last modified on Jun 10, 2024, 16:04 BST 16:04

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha