In today’s article, we’ll explain what the DOGE2.0 token is and try to determine whether it is legit or not. We’ll also look at the Doge 2.0 price action. For this, we will provide you with an interactive widget where you can analyze numerous metrics and inspect its price chart!
Furthermore, on the Doge 2.0 token page provided by Moralis Money, you can look at the token’s real-time, on-chain data! Looking at this data is more important than conducting a fundamental or technical analysis. In fact, on-chain data always precedes price action! So, we highly recommend analyzing the Net Volume, Holders, Experienced Holders, and Liquidity metrics for Doge2.0 before making any investment decisions!
So, did you miss out on the legendary gains offered by $DOGE? Here is your second chance!
What is the Doge 2.0 Crypto Project?
One of the latest meme-based tokens recently taking the crypto space by storm and that has gained significant traction is Doge 2.0 ($DOGE2.0). Unlike your average meme token, DOGE2.0 has been purposefully designed to offer a fair and transparent experience for its holders. So, let’s delve into the key features/tokenomics that set Doge 2.0 apart and explore the exciting opportunities it presents.
Tokenomics of the DOGE2.0 Token
As you can see from the above screenshot, Doge 2.0 has a total supply of 420,690,000,000,000 tokens, which doesn’t come as a surprise due to the fact that it is a meme-based token.
At the core of Doge 2.0 lies a unique 1/1 tax mechanism. Every transaction made with $DOGE2.0 allocates a fixed percentage to holders, allowing them to earn passive income simply by holding the token in their Web3 wallets. This ingenious feature empowers investors to benefit from the success of $DOGE2.0 while actively contributing to the growth of the community. By incentivizing long-term holding, this tax mechanism fosters stability and creates a sense of shared ownership among participants.
Now, let’s also look at some other features of the DOGE2.0 token.
Ensuring Safety and Longevity
To ensure the safety and longevity of $DOGE2.0, the development team has taken extensive measures. First and foremost, they have burned the liquidity, permanently locking it away. This act creates scarcity within the token’s ecosystem, potentially driving value appreciation over time. Additionally, the contract has been renounced, stripping the developers of any control over the token. By embracing decentralization, Doge 2.0 instills trust and eliminates the risk of rug pulls or manipulative practices. The community can confidently participate in $DOGE2.0, knowing that their investments are secure and protected.
Although a project may seem legit, always do your own research before investing. Also, remember that anything stated herein should not be considered financial advice!
More Than a Copycat Token
Doge 2.0 ($DOGE2.0) is not just another meme token capitalizing on a trend. It represents a fresh opportunity for redemption. So, if you are someone who missed out on the original Doge hype, the Doge 2.0 token welcomes you to join its community. By embracing the principles of fairness, transparency, and community-driven growth, Doge 2.0 aims to create a space where everyone can actively participate and potentially reap the rewards of their involvement.
Other examples of original and 2.0 tokens are PEPE and PEPE2. Make sure to check out our articles diving into those two projects that became extremely popular this memecoin season!
Analyzing the DOGE2.0 Token Price
As you can see from looking at the above price chart, the DOGE2.0 token currently sits around the 0.00000001210 price point. As such, it recently broke support around 0.00000001380-ish which was also a strong resistance level on June 5, 2023.
So, from a TA perspective, will Doge 2.0 moon anytime soon? Most likely not. That said, is not a good time to buy the DOGE2.0 crypto? Let’s find out!
Should You Buy the Doge 2.0 Crypto Coin?
Your risk tolerance is an important factor when deciding on whether or not to buy any type of meme coin. Additionally, you ought to take a closer look at tokens’ real-time, on-chain data before making any investment decisions. This is where Moralis Money’s token pages enter the scene.
To access the token page for Doge 2.0, visit Moralis Money’s search page and paste in the token address:
0xf2ec4a773ef90c58d98ea734c0ebdb538519b988
Or, simply use the interactive widget below:
If you see that the token is gaining more and more net experienced buyers, that is an indication that it is gaining on-chain momentum and that the price will likely follow to the upside. So, we leave it up to you to decide whether Doge 2.0 is a good buy or not. Remember, look at the token from a TA perspective, while, at the same time, consider on-chain metrics!
Aside from on-chain metrics, Moralis Money’s token pages include other useful information, so make sure to use that beneficial information to research tokens before entering any position.
Where to Buy Doge 2.0?
If you decide you wish to get a bag of $DOGE2.0, you have several options. Just use the “Market” section on CoinGecko or CoinMarketCap page for that token. There, you’ll find a list of all CEXs and DEXs that offer the relevant training pair, including the trading volume. As such, you can easily pick a market that best suits your goals.
Going Beyond the Doge2.0 Token with Moralis Money
As you can see above, the Moralis Money token pages are great resources. However, to use them, you first need to know what altcoins are worth exploring. As such, the Moralis Money token pages qualify as this tool’s secondary function.
The primary function of this on-chain tool is to help you find the best altcoin opportunities at any given time. So, use the following tips and start spotting altcoins with those 10x, 50x, 100x, or even higher potential!
- Tip #1: Select one of Moralis Money’s preset filters to generate your first dynamic list of altcoins with potential in a single click:
- Tip #2: Start running unique queries! Just experiment with different combos of Token Explorer metrics, their values, and timeframes:
- Tip #3: Different Token Explorer metrics serve a different purpose! Here are some useful examples:
- Coin Age – For focusing on newly-minted altcoins.
- Market Cap – For targeting more seasoned alts or the ones with specific market caps.
- Buyers, Experienced Buyers, Experienced Net Buyers, ETC. – For filtering out tokens that are gaining/losing the on-chain moment.
- Security Score – For viewing tokens that match your risk tolerance.
- Tip #4: Save winning queries and start running them on autopilot:
- Tip #5: Always DYOR individual alts with potential before buying them:
- Tip #6: Search for altcoin opportunities cross-chain. Aside from Ethereum and BNB Chain, Moralis Money also supports Polygon, Arbitrum, Fantom, and other leading blockchain networks.
- Tips #7: Learn about Moralis Money Beans and how you can use them to your advantage!
Visit the Moralis Money homepage and start applying the above tips today! Or, use the interactive widget below and start finding new altcoin opportunities directly from within this article.
Will the DOGE2.0 Crypto Moon? On-Chain Buy Signals for Doge 2.0 – Summary
Doge 2.0 ($DOGE2.0) has emerged as a unique and promising cryptocurrency project. With its 1/1 tax mechanism, emphasis on safety and decentralization, and commitment to community growth, $DOGE2.0 stands out from the crowd. Whether you are seeking a fresh opportunity or a chance to be part of an inclusive and forward-thinking community, Doge 2.0 invites you to explore the limitless potential it holds. However, it’s always prudent to conduct thorough research and stay informed about the latest updates regarding Doge 2.0 to make well-informed investment decisions.
For that, we highly recommend you checking out the DOGE2.0 token page from Moralis Money. On that page, you can see the Doge 2.0 crypto coin’s on-chain data in real time. Further, you can check out various on-chain metrics, such as Liquidity, Experienced Buyers, Holders, etc.
So, if you missed out on the OG dog-themed coin, $DOGE, make sure to consider $DOGE2.0!
