Shiba Inu’s Value Surges Following a Whale’s Transfer of 3 Trillion SHIB, While New Dogeverse Meme Coin Also Rises
If you haven’t been on the recent meme coin frenzy, you are missing out on significant returns. Every bullish cycle brings newer surprises from the meme coin space, often resulting in more gains for savvy investors and holders. Shiba Inu ($SHIB) is one coin under the investment radar due to recent moves in its ecosystem.
Recently, a crypto whale (usually large token holders) purchased 3 trillion SHIB from an exchange to their private wallets. This has caused quite a buzz in the Shiba Inu community and resulted in Shiba Inu’s surging price. While this massive move is monumental, given the recent market’s volatility, more gains are expected in the meme coinverse.
Amidst the ongoing fervor, Dogeverse ($DOGEVERSE) is another spirited meme coin on the parabolic move to the upside. This meme project has impressed in its presale activity, and investors are eager to see more gains when it finally lists on exchanges. Today’s post shares more about this rising sensation and its potential for more gains. But first, let’s address the ‘Shiba Inu whale’ in the room.
What you'll learn 👉
Shiba Inu Sees Bullish Momentum Due to a Recent Whale Transfer
Shiba Inu ($SHIB) has had its fair share of incredible runs since its inception and still carries the inscription “Doge Killer” to date. Yet, this third biggest altcoin (by meme coin capitalization) has received surprising yet bullish moves to the upside. This resulted from a colossal transfer of 3 trillion SHIB (valued at $80 million) moved in between crypto wallets, flagged by Whale Alert.
This has ignited full-scale speculation and discussion within the Shiba Inu community. Digging deeper into the details, it was discovered that the transfer originated from this wallet address, “0x73a…4d935,” to another address, “0x2ef….2e204.” Upon closer examination, the recipient wallet ranks among the top 100 SHIB, adding mystery to the narrative.
Remarkably, this transaction has increased Shiba Inu’s price by 12% in the last 7 days, as it now trades at $0.00002557. Although it is far from its All-Time High of $0.00008845 (a -70% drawdown), savvy investors and holders are optimistic about more gains, especially in this bullish cycle.
As discussions and questions linger about the motive of this transfer, meme enthusiasts and traders are happy about a new project, Dogeverse. This doge-themed project has made quite an impression in the meme market, and investors are impressed by its promising trajectory. Let’s find out more about this rising star.
Dogeverse is The First Doge-Themed Meme Coin With Multi-Chain Capabilities
In the world of meme coins, it isn’t surprising to see new players rise and immediately crash like waves in a stormy sea. This issue arises due to developers’ foul play, low community support, and, most especially, limited use cases.
Well, that isn’t the case with Dogeverse ($DOGEVERSE). This altcoin transcends the meme culture by adding multi-chain capabilities into its ecosystem. This feature differentiates it from thousands of meme coins flooding the market, capturing the attention of investors and meme enthusiasts alike.
Dogeverse started its operations on the Ethereum network and has expanded to other top networks like Binance Smart Chain, Avalanche, Polygon, Base, and Solana via wormhole technology. This approach allows seamless connectivity among meme lovers scattered across blockchains, making the project a priceless gem.
Yet, this meme crypto isn’t content with its novel feature. Dogeverse introduced a groundbreaking Stake-to-Earn protocol, which allows holders of its native token, DOGEVERSE, to earn passive rewards. At the time of writing, users can enjoy staking yields of over 90%, which is subject to reduction as more tokens are staked.
The excitement surrounding this multi-chain doge has caught the attention of crypto influencers, who have embraced the project’s unique utility and branding. As these influencers make videos and content regarding Dogeverse, its value is enhanced, and early backers are in for the best gains of the year.
Tokenomics and Roadmap Unveiled
Recognizing this Dogeverse’s promising trajectory, the team has planned its tokenomics. The maximum supply of $DOGEVERSE tokens is 200 billion, and below are its allocations:
- Presale Phase: 15%
- Staking rewards: 10%
- Ecosystem funds: 10%
- Marketing: 25%
- Project funds: 25%
- Liquidity: 10%
- Exchange listings: 5%
Regarding the roadmap, the project is divided into The Big Bang, Development, Awareness, and Expansion. The journey began with a website launch and the creation of smart contracts and social channels. The next phase followed a contract audit, presale commencement, and community building.
The awareness stage will begin with an extensive marketing campaign with applications to CoinMarketCap and Coingecko. Finally, the project will expand with DEX (Decentralized Exchange) listings and updates on DEXTools and Birdeye.
The project’s presale is off to a great start, raising over $12 million over the last few weeks. This strongly suggests investors’ interests and the massive potential this coin offers the broader crypto community. As it phases through its presale and roadmap, Dogeverse is solidly positioned as a leading player in the meme coin ecosystem.
Buy Dogeverse ($DOGEVERSE) and Watch Your Investment Soar in 2024 and Beyond
The meme coin frenzy continues, and we expect to see more bullish sentiments post-Bitcoin halving. Shiba Inu is up to a great start, with recent whale transfer in its ecosystem. As speculations grow regarding this transfer, the pioneer meme coin has seen its value skyrocket.
However, this new project, Dogeverse, is on the rise and eager to innovate and expand its multi-chain features. This project has surpassed all expectations and ready to make its mark in the blockchain space. Its presale continues to grow in momentum, and we can expect exchange listings soon. So why wait? Jump on the Dogeverse investment train today and become a part of something revolutionary.
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
