Yes, you heard that right! SHIB and DOGE have a new competitor in the market!
What Is DRDOGE?
Doctor Doge is a newly launched Solana memecoin that will alter the other popular dog-themed coins like Shiba Inu and Dogecoin. Launched on the morning of 15 April 2024, DRDOGE had a market cap of $23.5 Billion. Since Doctor Doge began trading only on Solana exchanges like Jupiter and Raydium, it had a market cap of just around $16,000.
| On April 16, Doctor Doge price increased by 1,350% to reach $0.0000491. At present, Doctor Doge price is $0.000008924 with a 24h volume of $73,892. The lowest Doctor Doge price in the last 24 hours was $0.000008027. |
Is Doctor Doge Rally Really A Challenge?
People who invested in SHIB and DOGE when these coins had small market caps are now making huge profits. However, keeping in mind that Doctor Doge is only trading on Solana exchanges, from the trends it can be inferred that it does have the potential to turn investors into millionaires if the market cap eventually exceeds the $100 million mark!
Even after reaching a $5 million capitalization, Doctor Doge is ready to maintain the surge. Hence, Doctor is set to rally over 8,000% before targeting any further gains.
Additionally, numerous listings on centralized exchanges are being planned for this new launch in late April which could eventually push the market cap to above $20 million. Therefore, it’s not shocking to see investors of SHIB and Doge invest in DOCTOR DOGE too!
The new kid’s playing nice no? 😀
Another major event that marked the surge of DRDOGE was Bitcoin crashing due to the rising tensions between Israel and Iran. Hence, what the future has for memecoins is something exciting to explore!
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Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.
