Shiba Inu, Dogecoin, and PEPE Investors Shift Focus to Dogen as It Gains 18,000% Traction in Presale

A new player in the meme coin arena is drawing significant attention. Investors who previously backed Shiba Inu, Dogecoin, and PEPE are now turning

Shiba Inu, Dogecoin, and PEPE investors are now shifting their focus to a new meme coin called Dogen. This emerging token has seen an astonishing 18,000% increase during its presale phase, attracting the attention of many in the crypto community.

As a meme coin, Dogen is designed to capitalize on the hype and enthusiasm surrounding particular online trends or figures. These tokens typically have minimal utility and are subject to rapid price fluctuations. However, some meme coins, such as Shiba Inu and Dogecoin, have experienced significant gains and integrated into the broader crypto ecosystem over time.

In contrast to Shiba Inu, Dogecoin, and PEPE, which have shown less short-term potential, Dogen aims to cater to those seeking luxury and success. According to its promotional materials, the token promises excellence and is designed for the "chosen ones" who dare to "taste the good life."

As the presale progresses, an expected 700% growth is touted by the project. Furthermore, the project anticipates thousand-fold returns during the upcoming altcoin season, mirroring tokens like Bonk, Wif, and Popdoge.

Dogen also emphasizes building a community of leaders, offering exclusive campaigns, top deals, and killer perks to early adopters. Affording oneself a luxury life, complete with posh cars, stacks of money, and beautiful women, is among the goals stated for Dogen holders.

Moreover, a multi-level referral program is in place. When you recruit new members to the army with your referral link, you'll earn 20% of the Golden Points from their token buys. And it doesn't stop there! You'll also rake in 7% of every token your direct bros (1st level) buy with your code. The more bros you bring, the more levels you'll unlock, stacking up profits like a boss.

To participate in the airdrop, you need to flex those social muscles, grabbing some tokens during the presale and recruiting the army with your referral link. For every recruit, you'll pocket a juicy 20% of the Golden Points from their token buys.

Shiba Inu (SHIB): A Memecoin Leveraging Ethereum’s Ecosystem

Shiba Inu (SHIB) is a memecoin inspired by Dogecoin, but it runs on the Ethereum blockchain. Launched in August 2020 by the anonymous developer Ryoshi, SHIB started with a supply of 1 quadrillion tokens.

Half of these tokens were sent to Ethereum co-founder Vitalik Buterin, who donated a significant portion to the India Covid Crypto Relief Fund and burned 40% of the total supply. SHIB’s Ethereum compatibility allows it to support decentralized applications like ShibaSwap, and there are plans for a future NFT platform and decentralized governance system.

In the current market cycle, SHIB's expanding ecosystem and Ethereum integration position it as a notable player in the crypto space.

Dogecoin: A Plentiful Cryptocurrency Born from a Meme

Dogecoin (DOGE) is a digital currency that started in 2013 as a light-hearted alternative to traditional cryptocurrencies. It features the image of a Shiba Inu dog as its logo.

Unlike Bitcoin, Dogecoin has no maximum supply, and 10,000 new coins are mined every minute. Initially seen as a joke, it gained significant value in 2021, rising to the top ten cryptocurrencies by market capitalization. This growth was influenced by social media and figures like Elon Musk.

The coin’s open and abundant design reflects its roots in internet culture. In the current market cycle, Dogecoin’s strong community and widespread recognition may make it an attractive option for those interested in cryptocurrencies with a significant social media presence.

PEPE: A Deflationary Memecoin Honoring Pepe the Frog

PEPE is a deflationary memecoin on the Ethereum network, inspired by the early 2000s Pepe the Frog meme. It seeks to emulate the success of Shiba Inu and Dogecoin.

PEPE has no transaction taxes and embraces its identity without utility, focusing purely on its meme nature. In mid-2023, it reached a peak market cap of $1.6 billion, capturing the interest of crypto enthusiasts and sparking a memecoin frenzy.

The roadmap aims to increase visibility through social media trends and listings on major exchanges. PEPE uses a burning mechanism to enhance scarcity and rewards long-term holders through redistribution. As an ERC-20 token, it benefits from Ethereum’s security.

Its strong community and deflationary design may make it attractive in the current market cycle.