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Cryptocurrency News Articles

Will Elon Musk Spark this Doge-Inspired ICO to Explode in 2024?

Nov 08, 2024 at 10:30 pm

The Dogecoin-inspired token Doge2014 is currently in its final stages of its presale. The meme coin was created to celebrate ten years of trading Dogecoin

Will Elon Musk Spark this Doge-Inspired ICO to Explode in 2024?

DOGE2014, a token inspired by Dogecoin, is currently in its final stages of presale. The meme coin was created to mark ten years of Dogecoin trading.

The token is pegged to the price of DOGE in 2014, giving those who missed out on early gains a chance to make up for it. The developers are aiming to ensure that Doge2014 follows in Dogecoin’s footsteps by offering various perks to encourage engagement and attract more people to the community.

DOGE2014 is an ERC20 token that aims to follow in the footsteps of Dogecoin, which is now regarded as the king of meme coins.

Given Doge2014 embodies the spirit of DOGE, it might catch the attention of the famous Dogecoin lover — Elon Musk.

Elon Musk's Influence on Dogecoin PriceDogecoin's growth and popularity can be partly credited to Elon Musk's tweets about it. On May 24, 2021, he posted that anyone wanting to help develop Dogecoin should share their ideas on GitHub. This post received over 19,000 comments.

In a conversation with a YouTube host on X, Elon was asked about top cryptocurrencies such as Ethereum, Solana, and Polkadot and why he chose Dogecoin over them. He responded, “Doge has dogs and memes, whereas the others do not.”

The endorsement of Elon had much impact on the price of Dogecoin, as the coin had a massive price increase.

Although he has not been talking about the meme coin in a recent time, his post on X that he was willing to serve as the Department of Government Efficiency, known as D.O.G.E.—a shorter form of Dogecoin—made some meme coin lovers excited as they interpreted as a silent way of showing his support for DOGE.

A crypto commentator noted that Dogecoin is once again making waves.

Given Elon's past tweets, it's clear he is a strong supporter of Dogecoin. As a result, it's reasonable to predict that he could potentially endorse projects that follow in Dogecoin's footsteps, such as Doge2014.

It is generally known that endorsements from influential figures often lead to higher token adoption rates. Should Elon take an interest in what Doge2014 is building and mention it publicly, the token could experience a significant spike and attract more investors.

X’s Payment System and the Future of DogecoinX plans to start using X Payments soon. This would allow X users to send money to one another within the platform. Rumors say Dogecoin might be a payment option because Elon Musk likes it.

If this rumor turns out to be true, it could further increase Dogecoin's adoption. At the same time, related meme coins like DOGE2014 could gain attention as investors see it as a token with the potential to surge.

The Advantages of Getting InvolvedDoge2014 offers several benefits for early investors during its presale. The developers have implemented a reward mechanism for those who buy DOGE2014 tokens at this early stage.

Investors who spend more than $100 on Doge2014 during the presale will receive bonus tokens of up to 150% in addition to their purchase.

Additionally, those who invest $1,000 or more will enjoy VIP perks, including bonus tokens and a free Dogecoin airdrop, providing a means to diversify their portfolio.

The VIPs will also enjoy giveaways; a good example is the ongoing opportunity that allows them to win between $500 and $5,000 prizes for every $100,000 milestone reached in the presale.

The Doge2014 advantage doesn’t end there; users can also stake their tokens right from the presale stage, which further opens more doors to earning streams.

The developers plan to burn 50% of the token’s total supply after the presale. Early investors could benefit from a price spike resulting from the token burn, which typically reduces the circulating supply and increases demand.

With these perks, support from a prominent figure like Elon Musk could send Doge2014’s price soaring.

How to JoinYou can purchase Doge2014 by visiting the official website, where you’ll find the option to connect your wallet and buy tokens.

After connecting your wallet and approving the contract, follow the instructions to secure your tokens. You can claim your tokens and any additional benefits after the presale ends.

The clock is ticking, and with every second that passes, the window to lock in these gains gets smaller. The Doge2014 presale is almost over, and the burn event that follows is set to change the game.

Whether you’re grabbing your first tokens or topping up to hit VIP status, the time to act is now.

Don’t be the one looking back wishing you’d moved faster

News source:captainaltcoin.com

Disclaimer:info@kdj.com

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