Doginme — meme token created by a Farcaster community joke. Now, on 14 of march, is taking center stage with its massive pump, demonstrating that the most unlikely of internet moments are the most valuable bets. DOGINME pumped by 121.25% in the last 24 hours, and it's the most volatile meme token to follow. It's not so much barking in the cryp park but more similar to a loud howl at the moon (yes, sorry), with the other meme tokens whimpering in the doghouse.
The joke that hit the jackpot
The background to Doginme comes in the form of a lighthearted remark by its founder, Dan Romero, on Farcaster when referring to having the "dog" in him. The casual communication soon went big, turning into a digital currency representing self-belief and social life. Its direct linkage with Farcaster, along with the expanding social media presence, has powered its marketplace drive, making it an emerging leader in the space of meme coins.
Innovation Better Than Just Being Able to Fetch
Where Doginme differs from the sea of Shiba Inu clones? Innovation. Doginme added an AI-based image creation feature powered by Envision that allows users to be creative and make customized, dog-related pictures. It's no gimmick; it's pure genius that promotes user interaction, weaves the community together tighter, and adds some utility to the speculatively trading simple. It's making old dogs learn new tricks, and in this case, tricks are paying handsomely.
Number crunching: Is DOGINME beneficial to you or detrimental to you? Shall we dive into the analytics? While it's gained so much in the short term, Doginme's only enjoyed 12 green days in the last 30, for a 40% record for trading positives. Liquidity's still moderate at 0.0297 volume to market cap, so it's riskier but tradeable. Volatility's at 34%, so you're likely to need to strap yourself in for some dramatic price fluctuations. Though it's dropped 31% year to date, it's beaten 52% of the top 100 cryptos, so it's got resilience in an aggressive market.
DOGINME receives the Bone by Coinbase.
Fueling the flames, major exchange Coinbase recently added DOGINME to its listing roadmap. That triggered an instant price surge to show that even the most relaxed of meme coins can go to the moon with the listing on the major exchange. Coinbase is listing DOGINME, however, as an “Experimental Asset” with the caveat to traders about its lowered liquidity and heightened price volatility.
The Way you look tonight. Can Doginme Stay at the Top?
Through aggressive branding, constant innovation, and passionate community, Doginme has contested to be among the trendiest meme coins available. Whether it will be able to maintain its stratospheric climb is dependent on ongoing hype and adoption, but its recent surge indicates that this underdog still has room to sprint.
Disclaimer: It is like buying a puppy to invest in meme coins. So, in other words — it is fun and rewarding but risky and messy. Always research thoroughly and never put more money into it than you could possibly lose.
