crypto for all
Join
A
A

Chinese Meme Coin Pump: $280M Presale Surge Sparks Interest

Tue 02 Apr 2024 ▪ 6 min read ▪ by La Rédaction C. Press Release
Getting informed Invest

As the crypto market continues its bull run, meme coins have been taking off in the right direction – but the latest move by BakerySwap caught the most attention last week.

BakerySwap recently achieved an impressive accomplishment, raising $280 million in what’s being recognized as the largest-ever presale for a meme coin – the PumpBigPump (PUMP).

But analysts and crypto influencers are pointing toward one token that might challenge PUMP’s profitability in the near future – Dogecoin20 ($DOGE20).

With its innovative technology and its commitment to upgrading the original Dogecoin, this token has grabbed the attention of top analysts across the industry.

Let’s take a closer look and find out what all the buzz is about.

>>>Learn More About Dogecoin20 Now<<<

PumpBigPump (PUMP) Raises $280M in Historical Presale – But Dogecoin20 Indicates Potential for Outperformance

BakerySwap stands out as a leading DeFi protocol running on the Binance Smart Chain (BEP-20) blockchain. Its main focus is on running an advanced automated market maker, DEX, and NFT marketplace.

The excitement surrounding the highly anticipated PUMP presale has sparked a surge in activity on BakerySwap. 

Between March 18 and March 22, there was an astonishing 2,665% spike in swap volumes, all fueled by the intense hype surrounding the presale. However, as the presale concluded, transaction volumes settled back to more typical levels.

The incredible $280 million raise came during the explosive growth of crypto markets. Brave meme coin enthusiasts poured in 363,000 BNB, 9 million CAKE, 24 million BAKE, 1.5 billion CAT, and 73 billion IQ50 tokens, driving the presale’s success.

BakerySwap is currently in the process of distributing PUMP presale tokens to over a million participants across the Binance Smart Chain. The highly anticipated trading of PumpBigPump tokens kicked off on March 25. As the project gains momentum, investors are closely monitoring these developments.

For all those who missed the chance to get in early on PUMP, there are still plenty of opportunities in the meme coin market to improve your position and stay ahead of the next explosive trend.

In the coming weeks — DOGECOIN20 ($DOGE20) is leading the charge in meme coin presales.

>>>Learn More About Dogecoin20 Now<<<

$DOGE20 Presale Gains Traction – Investors Grab Tokens Before Expected Price Rise

$DOGE20 has swiftly attracted over $10 million in its presale just days after its launch, signaling significant interest from investors. This early excitement indicates that the ICO might sell out fast, building anticipation for when it gets listed on exchanges.

During the presale, investors can purchase $DOGE20 tokens at an initial price of $0.00021. This price will gradually increase during the presale period, starting soon.

For those interested in getting in early, participating in the presale allows for immediate staking of tokens, providing an additional stimulus for early action.

Dogecoin20 is focused on establishing a sustainable economic model. Here’s how the tokens are distributed:

  • 10% is allocated to ensure liquidity on exchanges
  • 15% is set aside for rewards to users who stake their tokens
  • 25% is available during the presale
  • 25% is allocated for marketing efforts
  • 25% is allocated to the project’s treasury for future development

This distribution strategy is designed to promote the future growth of Dogecoin20 and encourage community participation.

>>>Learn More About Dogecoin20 Now<<<

Dogecoin20’s Stake-to-Earn Features Offer Great Rewards for Early Investors

Dogecoin20 is inspired by Dogecoin and aims to capitalize on its popularity by offering additional benefits. It features a Stake-to-Earn system that rewards participants, adding more value to the community’s involvement.

Dogecoin, launched in 2013 by Billy Markus and Jackson Palmer, began as a humorous project. Today, $DOGE20 offers a more sophisticated alternative, with better token economics and practical uses, while still keeping the community-focused and positive ethos of Dogecoin with its “Do Only Good Everyday” slogan.

This gives people a good reason to invest in $DOGE20 beyond just guessing, which is what many other meme coins rely on. For those staking their tokens, there’s a 114% APY available right now.

One of the key advantages of $DOGE20 is its fixed supply limit of 140 billion tokens, setting it apart from the original Dogecoin, which has an unlimited supply. This difference aims to reduce the risk of devaluation through token dilution.

With the meme coin market worth $59 billion, there’s a significant opportunity for new projects like Dogecoin20. Even a small portion of this market could greatly increase $DOGE20’s value. Its association with Dogecoin not only helps it stand out, but also could draw in a community of supporters.

>>>Learn More About Dogecoin20 Now<<<

Final Thoughts

In a groundbreaking development by BakerySwap, a significant milestone has occurred, with one crypto presale gathering over $280 million in funding.

As PumpBigPump gains momentum, investors are watching closely and wondering about the next big chance in the meme coin market.

For many analysts, a more promising option currently, for those who missed out on the PUMP opportunity, is Dogecoin20 ($DOGE20). The project’s presale is rapidly gaining momentum, suggesting interesting results.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.



Join the program
A
A
La Rédaction C. avatar
La Rédaction C.

L'équipe éditoriale de Cointribune unit ses voix pour s’exprimer sur des thématiques propres aux cryptomonnaies, à l'investissement, au métaverse et aux NFT, tout en s’efforçant de répondre au mieux à vos interrogations.

Disclaimer:

The contents and products mentioned on this page are in no way approved by Cointribune and should not be interpreted as falling under its responsibility.

Cointribune strives to communicate all useful information to readers, but cannot guarantee its accuracy and completeness. We invite readers to do their research before taking any action related to the company and to take full responsibility for their decisions. This article should not be considered as investment advice, an offer, or an invitation to purchase any products or services.

Investment in digital financial assets carries risks.

Read more