Crypto Blog
While the recent volatility in the crypto market has spooked some investors, one meme coin project appears to be immune to the dips.ICO has now raised over $4 million in funding – showing the high level of demand for the world’s first “multichain meme coin.”Billions worth of leveraged positions were also liquidated as a result.Although the “flash crash” saw Bitcoin briefly tap $61,300, the coin is now back trading at $66,350 – an 8% rise.
This price action hints that the weekend’s plunge was just a temporary blip driven by geopolitical factors and that investors are still eager for exposure to major cryptos.Just how this upstart meme coin project has maintained such momentum is raising eyebrows. For the Dogeverse team, maintaining this momentum could allow them to accelerate marketing efforts once the coin debuts on DEXs.The hype is also amplified by a growing contingent of influential YouTubers who have latched on to Dogeverse’s quirky branding and utility.
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