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What is Dogen Crypto?
Dogen crypto, an alpha male, Shiba-Inu type of dog meme coin, is the talk of the town these days. It is expected to march to its glory this altseason just the way Shiba Inu treaded the success path in 2021 and returned the highest ever 45000k % Return on Interest (ROI). In this article, we shall why this coin can pump well and create next millionaires.
Launched on February 4, 2025, this meme coin is built on the Solana network and is available for buying on the Raydium Exchange. As the name suggests, it encapsulates the soul of a “degen” or “degenerate”, someone who does not mind taking high risks in crypto.
The idea of Dogen came from the Swole Doge, which was a photoshopped version of the DOGE coin. It is characterized by a strong male with a muscular body, oozing high confidence, and the ability to garner the attention of the onlookers. It is the combination of DOGE and a ‘degen’. Dogen personifies the spirit of the younger generation: with a cigar in his paw, a gold chain around his neck, and a wristwatch around his arm, an attire that suits his witty personality.
Vital Stats for Dogen
Current vital stats (taken from CoinMarketCap) for this coin are shown below. Keep in mind that these are subject to change at any time.
| Market Cap | $2.67 Million |
| Volume (24 hours) | $1.19 Million |
| Total Supply | 10 Billion DOGEN |
| Max Supply | 10 Billion DOGEN |
| Self-reported circulating supply (not verified by CoinMarketCap) | 1 Billion DOGEN |
| Explorer | solscan.io |
| Listed on | Raydium as DOGEN/SOL |
| All-Time High | $0.006535 |
| All-Time Low | $0.002155 |
Dogen Crypto Price Details
On the day of lunch, Dogen crypto price reached a high of $0.006825; the next day, it shed the strength it gained and reached a low of $0.002156. Post that, it started rising for a couple of days and on Feb 9, it tried to reach its previous high.
What is Dogen Crypto Price Today?
Dogen is currently trading at:
Dogen Price During Pre-sales Period
The presales period of the Dogen coin, which lasted 13 days, has ended and there is speculation in the market that this coin would see a 10,000% price rise from its pre-sales value. The presales began on Sep 8, 2024, when Dogen price was $0.0003 and was offered to the early-buyers with an 85% discount price. The sales carried on till stage 13 at which its price came up to be $0.0019 and was awarded with a discount of 5%.
Could Dogen Crypto be the Next Shiba Inu?
Dogen Crypto is largely compared to its predecessors like Shiba Inu and DOGE which helped buyers gain massive returns during the altseason of 2021. Since the new altseason is around the corner, its community has high expectations regarding its market performance. Several reasons contribute to this belief of the community that the Dogen crypto price would rise appreciably and render them huge profits.
The first and foremost reason that the Dogen coin is becoming popular among the masses is its symbolic meme dog representation. This meme, who is a strong male with brains and body, has an interesting personality. It is flamboyant, prefers a luxurious lifestyle, and stands tall at times.
It carries the symbol of a risky trader who is not afraid of losing and also expects high gains from the markets. It oozes the self-reliance and strength of a professional wrestler who attracts investors of all sorts. It is not some meek dog that one would like to pet; it is tough from the outside and inside. Dogen believes in high risk and higher reward. It is due to its bold and fearless spirit that it is catching the interest of Gen-Z.
Another reason that makes it stand out from millions of other memecoins is its security features. It is audited by three different organizations: SpyWolf, CyberScope, and Smartstate.
As per the findings of SpyWolf, Dogen coin cannot be upgraded as its program is managed by the team of Solana, which deploys as well as maintains it. This audit also states that the Minting Authority of this meme coin is undefined, which means that no specific address has been granted any special authority to mint new tokens other than those already existing as token supply. CyberScope has granted a good 96% score to Dogen crypto; its fundamentals, however, stand at a mere 50%.
SmartState also asserts that no Minting Authority has been assigned. It also says that no Freeze Authority is defined for this muscular token, which means there is no specific entity or address that can stop the transfer of tokens to some specific address.
Please note that:
On the negative side, as per SmartState, the deployment of its smart contract facilitates that all Dogens can be moved to a single address, which can pose the threat of centralization!! Please check the current status of the contract.
Advanced Tokenomics is another reason that can give Dogen crypto price a good boost. Every buyer of this meme coin would benefit no matter when he or she purchased it. The underlying mechanism is called Token Generation Event (TGE) or the event when Dogen is listed on exchanges. At the time of TGE, several tokens that investors had purchased during pre-sale would be locked and the rest of them would have a cliff period at the end of which Dogen coin before which these would remain temporarily locked. These locked coins would be unlocked monthly via vesting periods.
Dogen Tokenomics:
This means community buyers who purchased them during pre-sale would have gotten them at low prices while those who will buy later from exchanges would get all the tokens immediately, a win-win for everyone. As this information spreads among meme coin lovers, it would boost their confidence and lead to an increased interest in buying both among retailers and whales, which can eventually lead to an upward trajectory for Dogen price.
The firm faith of its community can be another factor that can add to this meme coin’s popularity in the future. With 6 Billion tokens sold during presales and volume now increasing, the Dogen coin community is highly bullish.
Currently, Dogen crypto is ranked #3339 on CoinMarketCap, but when the buying frenzy starts and its popularity grows further, its ranking is expected to improve. One of the community members on CoinMarketCap has predicted the Dogen price to go to $0.01. But you should DYOR before believing any claims.
Yet another factor that could make DOGEN soar in value can be airdrop and community participation activities. A 1 billion $Dogen airdrop is expected to take place after its listing and this would be a positive factor in driving its price up. Buyers will need to gain Golden Points to be eligible for this airdrop; these points would be awarded for activities like participating in the community, sharing referral codes, purchasing during pre-sales (which has ended), and engaging in marketing and social media activities.
If all these factors are expected to pan out well when the altseason is finally here, Dogen Crypto can be expected to give good gains like DOGE and Shiba Inu. These would not only affect the Dogen price positively but can also help this meme coin go to the moon, as its community expects.
Conclusion
The world of meme coins is weird and unexpected. One day, they soar and the next day, they trash like anything. Before you invest even a small amount, you should first dig deep into a new meme coin like Dogen and try to find its real value. Only time will tell how good or bad this crypto will perform.
Disclaimer
This article is for informational purposes only and is NOT a financial advice. We do not promote, in any form, any cryptocurrencies or tokens mentioned herein. The content of this article is based on the information available up to the knowledge. You should be aware that investing in any cryptocurrency is subject to market risk and you MUST do your own due diligence (DYOR) before you put any money in any of the coins.