How to Buy Dogecoin20 ($DOGE20) – A Beginner’s Guide

how to buy dogecoin20

Dogecoin20 ($DOGE20) is an innovative meme token that carries on the legacy of the Doge family. However, it is a more eco-friendly version of Dogecoin – built on the sustainable proof-of-stake consensus. Through our how to buy Dogecoin20 guide, we offer a step-by-step walkthrough that explains how to join the ongoing $DOGE20 presale.

Our guide also discusses the utility Dogecoin20 offers through its staking mechanism. Keep reading to learn more about this crypto’s tokenomics and presale performance. 

Dogecoin20 Token Key Points

Before showing investors how to buy Dogecoin20, let’s discuss some of the main talking points about this project

  • ERC-20 Token – Built on the Ethereum network, Dogecoin20 is an ERC-20 token. It offers smart contract capabilities since it is built using the proof-of-stake algorithm. 
  • Limited Token Supply – Unlike a majority of the best meme coins like Dogecoin, $DOGE20 has a capped supply of 140 billion. 
  • Ongoing Presale – Currently, $DOGE20 is available to purchase on presale. So far, the presale has raised nearly $2 million in only a few days. 
  • Uniswap Listing – Once the presale ends, $DOGE20 will conduct its initial exchange offering on Uniswap, one of the biggest decentralized exchanges in the world. 

How to Buy Dogecoin20 ($DOGE20) – A Beginner’s Guide

Now, let’s learn how to invest in the $DOGE20 presale in 5 simple steps: 

Step 1: Get a Crypto Wallet

The Dogecoin20 presale can be accessed with a compatible cryptocurrency wallet, such as MetaMask or WalletConnect. When accessing the wallet from a laptop/desktop, download the extension and create a new account. 

wallet crypto - MetaMask

On the other hand, you can download the MetaMask wallet app, available on iOS and Android. Download the wallet and create a new account. 

Step 2: Purchase ETH/USDT/BNB Tokens 

$DOGE20 can be swapped with a select few crypto tokens – namely Ethereum (ETH), BNB (BNB), and Tether (USDT). You can purchase one of these tokens from a crypto exchange, and transfer the holdings to the wallet. 

Alternatively, you can directly purchase the tokens from your cryptocurrency wallet. 

Step 3: Connect to the Dogecoin20 Presale Website

Visit the Dogecoin20 presale website, and click ‘Connect Wallet.’ Select the wallet of your choice, and follow the on-screen instructions to connect your wallet with the presale. 

Step 4: Buy $DOGE20 Tokens 

Now that the wallet is connected, set up the purchase on the order box. Choose which tokens you want to swap with $DOGE20, and insert the number of tokens you wish to receive. 

Buy Dogecoin20

Confirm the transaction by clicking on ‘Buy Now.’ Investors can directly purchase and stake $DOGE20 on the smart contract by selecting the ‘Buy and Stake for xxx Rewards’ button. 

Step 5: Claim $DOGE20 Tokens

Once the presale is finished, Doge20 will release more information about the token claiming schedule. To claim the tokens, you must re-visit the presale website. Then, you can access $DOGE20 on your crypto wallet. 

What is Dogecoin20?

Dogecoin20 ($DOGE20) is a new meme cryptocurrency inspired by the Doge-themed coins. However, Dogecoin20 takes a step further by incorporating use cases and earning opportunities for token holders. 

According to the Dogecoin20 whitepaper, the project is a more eco-friendly and sustainable version of the original Dogecoin. This is because Dogecoin adopts the energy-intensive proof-of-work (PoW) algorithm. 

On the other hand, Dogecoin20 is built using the proof-of-stake (PoS) algorithm. This consensus is far more energy efficient than the PoW, as it removes the need for intensive computational work. 

Dogecoin20 homepage

Along with the sustainability that a PoS blockchain provides, Dogecoin20 also offers additional utility compared to Dogecoin. Since this new cryptocurrency is built on the Ethereum blockchain, it supports smart contract functionality and staking benefits.

Through the on-chain staking mechanism, $DOGE20 token holders can contribute to the ecosystem’s stability and security. At the same time, you can generate passive income by staking $DOGE20. 

Early presale investors can generate APYs (Annual Percentage Yields) as high as 410%. Nearly 7 million tokens have already been locked in the ecosystem. Post the exchange listing, the APYs will depend on the total number of tokens staked on the staking pool. 

Therefore, the more tokens one stakes, the higher their APYs. In total, 21 billion tokens will be offered through staking rewards over the next two years. Therefore, this staking mechanism may appeal to long-term investors, as they wish to see holdings appreciate over time. 

Dogecoin20 Tokenomics

One of the biggest advantages Dogecoin20 has over Dogecoin and other meme coins is its limited token supply. Meme coins such as Dogecoin have an infinite supply, which has led to the token’s decreasing demand compared to the supply. 

Investing in a cryptocurrency that has an unlimited supply can be risky. The founding team may have set the unlimited supply for suspicious reasons, such as to cash out the liquidity. Therefore, fixed supply tokens such as Dogecoin20 may be safer investments. 

$DOGE20 has a total supply of 140 billion tokens. The project had distributed 25% of its supply for marketing strategies. Dogecoin20 will create a professional marketing strategy – allowing it to achieve viral popularity across the globe. 

Dogecoin20 tokenomics

Another 25% of the token supply is currently being distributed through the token ICO (Initial Coin Offering). Conducting one of the best ICOs in 2024, Dogecoin20 has raised nearly $2 million in only a few days since its launch. At the time of writing, $DOGE20 is priced at $0.000164 per token. 

The ICO hard cap target is $6 million. Post the ICO’s completion, Dogecoin20 will list its native token on the Uniswap DEX. Thus, the token will get exposure to high levels of trading volume. 10% of the supply has been put aside for maintaining liquidity on Uniswap. 

15% of the supply will be given through staking rewards over the next two years. 12.5% will be distributed in the first year and 2.5% in the second year. The remaining 25% of the supply will be allocated to the treasury. The treasury is responsible for the project’s sustainable growth and development in the long-term. 

Roadmap

To get a better understanding of Dogecoin20’s future, let’s take a closer look at the project’s roadmap: 

  • Phase 1 – The first roadmap phase focuses on the ongoing presale. 25% of the token supply has been made available for this round. This is the first opportunity for the public to purchase the $DOGE20 token. The first phase will also focus on creating a professional marketing campaign. 
  • Phase 2 – The second phase is the early presale staking incentive. Presale investors that stake $DOGE20 can earn high annual yields before the token lists on Uniswap. Currently, the APYs are set at 410%. 
  • Phase 3 – The next phase involves the presale token claim. After the ongoing presale ends, Dogecoin20 will allow investors to claim $DOGE20 through the presale website. The staked tokens will also get allocated to the staking pool. 
  • Phase 4 – The fourth phase will involve the token launch on Uniswap. This will be the initial exchange offering, allowing customers to start trading $DOGE20 on one of the largest DEXs in the world. 
  • Phase 5 – The fifth phase involves the liquidity provision on Uniswap. 10% of the 1.4 billion token supply will be used to provide liquidity on the Uniswap DEX. 
  • Phase 6 – The final roadmap phase focuses on the long-term passive income rewards. Over the next two years, 15% of the token supply will be distributed through staking pools. 

For more information about this meme coin, follow Dogecoin20 on X (Formerly Twitter) and join the Telegram channel

Why Buy Dogecoin20?

Our how to buy Dogecoin 20 guide will now discuss a few reasons to invest in $DOGE20:

Dogecoin20 presale

  • Passive Income Rewards – While Dogecoin20 is part of the Doge family, it is one of the first in this group to provide real utility. Through the smart contract, Dogecoin20 supports staking opportunities. At press time, investors can stake and earn 410% annual yields. 
  • Limited Token Supply – Dogecoin20 is one of the few meme coins that offers a fixed supply. Doing this will help control demand-supply dynamics. As the supply is limited, the token price could increase as more investors flock to the ecosystem. This can help make Dogecoin20 one of the best crypto tokens in the long-term. 
  • Early Investment Opportunity – Currently, the $DOGE20 token is priced at just $0.000164 per token. Available to purchase during the early presale stages, Dogecoin20 is yet to list on exchanges. Since new meme coins face huge volatility, interested investors may prefer purchasing the token before its listing occurs. 

Dogecoin20 Price Prediction – What is $DOGE20’s Potential?

Given the limited price history of Dogecoin20, making an accurate DOGE20 price prediction for the future price may be difficult. However, Dogecoin20 appears to be a promising investment due to its utility. 

It is one of the few meme coins focusing on utility – offering passive income through its smart contract. Furthermore, it is far more sustainable than Dogecoin and has a limited token supply. These factors can help Dogecoin20 become the next crypto to explode in the meme space. 

Dogecoin20 staking

The presale hard cap target of $6 million is likely to be met – with nearly $2 million raised in only a couple of days. The fully diluted market cap of Dogecoin20 is currently 900 times less than Dogecoin. Even if Dogecoin20 manages to secure a small percentage of DOGE’s market cap in the long term, it would provide huge returns to investors. 

For instance, if Dogecoin20 reaches just 1% of Dogecoin’s current market cap of $21 billion, it equates to a price jump of nearly 34x. While there is no guarantee of securing a return, Dogecoin20’s utility and staking mechanism give it an edge over the new meme coins in the market. 

Conclusion

By reading our how to buy Dogecoin20 guide, you can learn how to invest in the $DOGE20 presale using a few simple steps. A new meme coin, Dogecoin20 stands out for its limited utility, sustainability, and passive-income seeking opportunities. 

Currently, on presale, Dogecoin20 has raised almost $2 million in only a few days. The $DOGE20 token will list on the Uniswap exchange once the presale finishes. 

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Viraj Randev
Editor

Based in Wembley, England, Viraj graduated from the University of Surrey before pursuing an internship at DBS Bank in New Delhi. Following that experience, Viraj pivoted to a personal passion - creative writing - quickly becoming a top-rated Upwork freelancer and gaining further experience on OwlRatings. Currently Viraj is now part of the Techopedia team lending his knowledge of the financial markets to the site, reviewing trading platforms and offering tips for beginners to investing. In his spare time he also enjoys script writing.