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Cryptocurrency News Articles
BONK Sets Sights on PEPE’s Market Dominance as Dawgz AI Rises with Innovative Staking and Presale Success
Nov 23, 2024 at 01:00 am
The meme coin battle has been a thing for some time now, and we probably got used to looking at meme coin-related news first
Meme coins have been around for a while now, and we're probably used to seeing meme coin-related news first, given how quickly things change in this space.
Just think about the fact that BONK is now the 2nd largest Solana-based meme coin and is now aiming to overtake PEPE, which is ranked #18 by market cap. Oh, and this is happening while the BONK DAO announced it would burn 1 trillion BONK tokens “by Christmas.”
With a 7-day growth of 28.34% and a 1-month evolution reaching a surprising percentage of 116.43%, BONK does seem to be the ‘it' thing in the meme coin space. But what other opportunities might be out there? Are BONK and PEPE the only ones, or is there more to discover?
Let's take a look at Dawgz AI and how it has managed to gain investor attention.
What is Dawgz AI?
Launched in November 2024, Dawgz AI is a new crypto and meme coin project that combines a dog-themed token with AI-powered trading bots to offer a new experience to crypto and meme coin enthusiasts worldwide.
Dawgz AI is built on the Ethereum network and was developed using the Solidity language. Thanks to its features and transparency, it has already attracted tens of thousands of supporters worldwide.
No time for distractions, our eyes are on the prize 🔷👀 pic.twitter.com/iAqtwqdX8x
Dawgz AI has been featured in major crypto publications like Crypto Potato, Coinpedia, Crypto-Times, Business Insider, and Blockchain Today, showing its growing popularity and success.
The project focuses on fun and innovation while prioritizing safety, security, and transparency. These efforts were also recognized through a SolidProof audit received on October 31, 2024, thus boosting its genuinity.
Its platform is easy to use, and its website is available in 26 languages, including simplified Chinese. Users can find details about the project’s whitepaper, tokenomics, and roadmap, making it accessible to a global audience.
What makes Dawgz AI special?
Dawgz AI enters the meme coin ecosystem to prove that a well-developed meme-based crypto project can maintain its growth and provide real value. Usually, meme coins tend to have a surprising evolution in an extremely short period of time, followed by steadiness or, worse, a decrease in price and market cap.
So, through its native token, DAGZ, Dawgz AI aims to increase trust in the meme coin concept and grow an engaged community with much to benefit from its ecosystem. The Dawgz AI token has a max supply of 8,888,888,888 tokens and is distributed as follows:
25% - Marketing and community development DAGZ will be allocated to marketing and community development initiatives to boost awareness, attract new users, and foster a strong and engaged community around Dawgz AI. This portion of DAGZ tokens will play a crucial role in expanding the project's reach and ensuring its long-term growth.
15% - Liquidity DAGZ will be allocated to ensure sufficient liquidity on decentralized exchanges (DEXs) and centralized exchanges (CEXs) where the DAGZ token will be listed. This liquidity will enable users to easily buy, sell, and trade DAGZ tokens, contributing to a smooth and efficient trading experience.
10% - Development team members DAGZ tokens will be allocated to the development team members who work tirelessly behind the scenes to ensure the project's success. These tokens will serve as a form of compensation for their dedication and efforts in building, maintaining, and updating Dawgz AI.
5% - Airdrops, giveaways, contests DAGZ will be allocated to airdrops, giveaways, and contests, providing opportunities for new users to join the Dawgz AI community and get their hands on some DAGZ tokens. Through these initiatives, Dawgz AI aims to generate excitement and spread the word about the project.
5% - Audits, legal advice, taxes DAGZ will be allocated to cover the costs associated with audits, legal advice, and taxes. Audits are crucial for ensuring the project's credibility and transparency, while legal advice and tax considerations are essential for maintaining compliance and operating within the legal framework.
5% - CEX and DEX listings DAGZ will be allocated to facilitate listings on centralized exchanges (CEXs) and decentralized exchanges (DEXs). These listings will enable a wider audience of traders and investors to access and trade DAGZ tokens, increasing the project's visibility and liquidity.
20% - Staking and trading rewards DAGZ will be allocated to staking and trading rewards, offering incentives to users who choose to stake their DAGZ tokens and contribute to the network's security and stability. Additionally, a portion of these DAGZ tokens will be dedicated
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