{"id":32203,"date":"2023-07-06T11:25:20","date_gmt":"2023-07-06T15:25:20","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/doge2-0-token-blasts-up-8000-after-going-viral-but-crypto-whales-are-accumulating-wall-street-memes-before-it-lists-on-exchanges-heres-why\/"},"modified":"2023-07-06T11:25:22","modified_gmt":"2023-07-06T15:25:22","slug":"doge2-0-token-blasts-up-8000-after-going-viral-but-crypto-whales-are-accumulating-wall-street-memes-before-it-lists-on-exchanges-heres-why","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=32203","title":{"rendered":"DOGE2.0 Token Blasts Up 8,000% After Going Viral But Crypto Whales Are Accumulating Wall Street Memes Before it Lists on Exchanges \u2013 Here’s Why"},"content":{"rendered":"
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The DOGE2.0 meme token has rallied by a massive 8,000% in the past couple of days, with its move to $0.00000001404 today representing a gain of 13% in the last 24 hours.<\/p>\n

DOGE2.0 is one of a number of ‘2.0’ meme tokens which have appeared in the past couple of weeks, each with the aim of representing themselves as newer, more profitable versions of earlier meme coins<\/p>\n

Yet DOGE2.0 has been able to separate itself from similar coins by attracting a small number of centralized exchange listings, with Poloniex being the latest to announce its support of the meme token today.<\/p>\n

Despite this, DOGE2.0 still looks as though it will lack staying-power as a cryptocurrency, with one new meme token currently in presale \u2013 Wall Street Memes (WSM) \u2013 showing strong signs of having already attracted a bigger community.<\/p>\n

DOGE2.0 Token Blasts Up 8,000% After Going Viral But Crypto Whales Are Accumulating Wall Street Memes Before it Lists on Exchanges \u2013 Here’s Why<\/strong><\/h2>\n

DOGE2.0 has gone through a series of peaks and troughs over the past couple of days, with the meme token hitting a number of record highs and then falling back away again, as it seems to have done in the past hour or so.<\/p>\n

Of course, DOGE2.0 is a very new meme token and is currently enjoying its initial growth spurts, which may not last for very long.<\/p>\n

On the bright side, it does appear that some CEXes are beginning to list it, with LBANK Exchange<\/a> and Poloniex adding their support in the past 24 hours.<\/p>\n

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This could help sustain DOGE2.0’s current momentum, with both exchanges increasing the token’s liquidity and market.<\/p>\n

On the other hand, a couple of listings doesn’t change the fact that DOGE2.0 is a pure meme token with little in the way of utility, with the coin also having only around 2,000 followers on Twitter<\/a>.<\/p>\n

Because it lacks a significant community to support it, it’s unlikely that DOGE2.0 will have the lifespan of the original Dogecoin (DOGE).<\/p>\n

There are also newer meme coins which have better longer term prospects than DOGE2.0, with Wall Street Memes (WSM) being among the most notable.<\/p>\n

Running on Ethereum as an ERC-20 token, WSM has already raised more than $12.9 million since beginning its presale last month.<\/p>\n

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It’s been able to do this largely because of its association with the meme stocks movement, which emerged in 2021 and famously instigated the GameStop and AMC rallies of that year.<\/p>\n

It has reserved 30% of its two billion supply for community rewards, while it has also racked up more than 256,000 Twitter followers<\/a>, providing a vivid indication of how strong its online presence already is.<\/p>\n

Such a presence will be vital if WSM is to have a longer lifespan than DOGE2.0, since meme tokens tends to live and die by how strong their communities are.<\/p>\n

And new investors can join this community by visiting the official Wall Street Memes website and linking their crypto wallets, with 1 WSM currently selling for $0.031.<\/p>\n

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This price will rise to $0.0337 by the 30th and final stage of the sale, at which point WSM will list on exchanges, potentially making its holders significant profits as it rallies big.<\/p>\n

Visit Wall Street Memes Now<\/strong><\/p>\n

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n

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