A new multichain meme coin, Dogeverse, has successfully raised $6 million in its presale and has recently completed a smart contract audit.
The new meme coin utilizes bridge technology to ensure widespread availability across the most prominent on-chain markets.
Embracing a Multichain Approach for Enhanced Accessibility
With Dogeverse’s expertise in the sphere, their token is easily accessible on the most popular smart contract-enabled blockchains.
The initiative starts on Ethereum, BSC, and Polygon and plans to expand to Solana, Base, and Avalanche soon.
With this approach, Dogeverse gains greater flexibility and can maintain its operations even if users switch between its supported chains.
The multichain feature facilitates the connection of various blockchain communities, uniting them under a single meme coin banner.
Dogeverse secures $6M in funding as the Meme Coin trend persists
The meme coin market has been making waves in the crypto industry lately, boasting a staggering total valuation of over $45 billion.
The presale incorporates a staking mechanism that generates Dogeverse tokens. This mechanism is designed so that the yield will gradually decrease as the staking pool expands.
Coinsult, a highly knowledgeable firm in blockchain security, recently completed a thorough smart contract audit on the new presale meme coin.
Based on its findings, Dogeverse has been determined to have no significant or moderate smart contract issues, with only one minor bug being discovered. Nevertheless, Coinsult highlights that the Dogeverse team has recognized the problem.
The data indicates that Dogeverse is experiencing significant social media engagement and growth. In just one week, the Dogeverse X account has gained over 4K followers, while the Dogeverse Telegram account has reached an impressive 2K.
The project has gained attention from media outlets and market analysts, with notable figures like ClayBro endorsing its “multichain utility.”
Meanwhile, Crypto Gains also commended the project and informed users that its exchange launch was imminent.
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