Meme coin giants like Pepe, Dogecoin, and Shiba Inu have fallen prey to the recent downturn. The broader market crash that pulled BTC down to $50K is behind the bearish sentiments.
But one crypto has boldly bucked the trend – Doge2014.
The new meme coin has been winning investors with a unique notion called nostalgic pricing. Here is a closer look at the project and why it shouldn’t be missed this month.
Wow! $150K Milestone! 🎉
Keep your eyes peeled as we keep surpassing expectations! 👀 pic.twitter.com/a9r5Y5344R
— Doge2014 (@Doge2014token) August 7, 2024
Doge2014 is the Latest Crypto Craze
The meme coin market has seen a wide range of projects come and go over the last few years. The more bizarre the theme, the more traction the meme coin gains. So the market has been experimenting with various themes.
Most crypto projects have confined themselves to the pet dog theme, thanks to the virality of Dogecoin and Shiba Inu. Coins like Pepe, on the other hand, unlocked a popular internet meme to ignite one of the biggest meme coin mania in history.
Dozens of meme coins are derivatives of more popular ones like DOGE, SHIB, and PEPE with interesting twists. They have proven to be heavily successful. But only in the short term. They don’t have a long shelf life due to their lack of originality.
Doge2014, as the name implies, belongs to the derivative meme coin category. Is it going to be another meme coin sensation here for a few days or weeks?
An analysis of the Doge2014 website and white paper shows that there is more to Doge2014. To begin with, Doge2014 has a unique mission.
“As Dogecoin marks its remarkable journey of 10 years since it started trading back in 2014, we introduce Doge2014 to commemorate this milestone. Doge2014 offers enthusiasts the opportunity to participate in celebrating Dogecoin’s legacy by purchasing this token starting at the same price as Dogecoin was in 2014, providing a nostalgic nod to those who missed out on the chance back then,” notes the website.
A Homage to the Humble Beginnings of DOGE
DOGE had a humble beginning in late 2013. Back then, DOGE was just an expression of sarcasm on the volatile nature of the crypto market. But today, it is the world’s eighth-largest cryptocurrency.
According to CoinMarketCap, Dogecoin has climbed +16000% during its lifetime to touch the current market cap of $13.6 billion. DOGE’s growth has been extraordinary. Few assets can match Dogecoin’s price trajectory, thanks to its massive community support. Despite the lack of a utility and relevant purpose, Dogecoin continues to be the world’s largest meme coin.
The loyal community is its strength. This is true about most meme coins. They are backed by investors who believe in them.
Doge2014 cleverly taps into the DOGE community with its strategic branding and narrative. Most meme coin investors regret not buying DOGE when it was young and fertile. The meme coin mania of 2021 left it saturated. For a better perspective, DOGE is still 87% down from its all-time high.
There is no point in buying DOGE now hoping for a mega price surge. It has only surged 20% in a year. New meme coins like Pepe, Bonk, and Dogwifhat have outperformed it with three and four-digit ROIs.
New investors don’t see it as a meme coin goldmine, like in the past. Dogecoin doesn’t stand a chance against these assets. But Doge2014 does.
In the presale stage, the new meme coin is sold at prices comparable to that of Dogecoin’s early days. Although the presale price increases with each new stage, it is still much cheaper compared to DOGE.
The Next 100X Meme Coin?
As a new project that revives the DOGE mania, Doge2014 is a potential 100X meme coin. It can climb up the charts in the weeks and months post-listing, depending on broader market dynamics.
The staking reward system strengthens DOGE2014’s long-term goals. The attractive passive income APY above 5000% (only for early investors) hints at a sustainable price trajectory for the new meme coin sensation.
An attractive bonus system is also live for presale investors.
$0-100 | 0% |
$100 – 499 | 10% |
$500- 999 | 15% |
$1000 – 4999 | 30% |
$5000+ | 50% |
The DOGE2014 community has exploded to around 4000 members on both Twitter and Telegram in a short time.