As September rolls in, Solana meme coins continue to be one of the hottest narratives in the cryptocurrency space. According to CoinGecko, these digital assets have a combined market capitalization of over $5.7 billion and a trading volume of nearly $1 billion.
Earlier, in March, Solana meme coins peaked in popularity. Tokens like dogwifhat (WIF), BONK, and POPCAT dominated the crypto market through steady gains. But they were not immune to the crypto market downturn in April, during which they lost a substantial portion of their earlier growth.
Now, with the broader market still experiencing fluctuations, Solana meme coins are among the best-performing cryptocurrencies, with Fwog, Smoking Chicken Fish (SCF), POPCAT, and APES entering today’s top gainers list.
In Q2 2024, the most widely favored meme coins were those released on the Solana blockchain. The trend continues in Q3, as Pump.fun, a popular launchpad for Solana meme coins, has recently reached a cumulative revenue of $100 million from over 1.2 million tokens it has launched since its inception in January 2024.
Amidst this notable milestone, another promising token is gearing up to lead the expansion of Solana meme coins. On September 2, DOGEN, an alpha dog-themed token, entered its presale phase, allocating 60% of its total 10 million supply for early investors.
At the start of the presale, DOGEN trades at just $0.0003 per token, offering meme coin enthusiasts the most favorable entry point. The presale is divided into 13 stages, during which the DOGEN price will increase to $0.025, marking 500% gains even before the token launch and exchange listings.
Potential investors can buy DOGEN with both debit cards and cryptocurrencies, with the option to choose between multiple blockchains.
The DOGEN presale will run until December 31, 2024. The token generation event (TGE) will take place seven days following the conclusion of the presale.
DOGEN aims to leverage the increasing interest in meme coins while maintaining sustainability through its well-thought-out tokenomics: 5% designated for liquidity, 10% for airdrops and rewards, 15% set aside for staking, and 10% allocated for marketing and team needs.
The DOGEN team has also crafted an ambitious roadmap that highlights the project’s dedication to sustainable, long-term growth. Key milestones include a rigorous token audit, listings on both centralized (CEX) and decentralized (DEX) exchanges, the launch of innovative products and services such as DogeTap and DogeWallet apps on Telegram, staking opportunities for DOGEN holders, and referral programs.
Furthermore, DOGEN intends to forge strategic partnerships with other prominent projects on Solana, aiming to broaden its influence and encourage collaboration within the crypto community.
Also Read:- Get to Know Everything About Tomarket, Makes Noise in the Industry