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The majority of crypto folks out there would agree that the dogecoin (DOGE) kicked off the meme coin revolution as there is a plethora of them right now in the market. Another one has been recently launched and it is said to help our K-9 buddies that have been abandoned.
New doge in the house
Meet Doge Yellow Coin (DOGEY). As mentioned, this one’s fairly new as this went live on November 1. Reports stated that the new meme-themed cryptocurrency is some sort of an improved iteration of the dogecoin in terms of being inflation-proof. On their Twitter page, it even claims that it’s a new crypto “born to emulate dogecoin,” not to mention being supported by Tesla and SpaceX CEO Elon Musk.
Further, Doge Yellow Coin’s website stated that it is a carpet-proof deflationary BEP20 token on the Binance Smart Chain.
Good DOGEY
Per DOGEY’s whitepaper, the meme currency is decentralized adding its main focus is to lead digital currencies to the majority of the people, while at the same time giving the abandoned and needy pups a helping hand and saving them. It was also stated that it will also include concepts such as nonfungible tokens (NFTs), credit cards for crypto payment on the DOGEY website, and other rewards.
It was also learned that DOGEY was made alongside blocks that are said to be 10 times quicker, with more affordable gas rates, and with much speed. Additionally, this Doge Yellow Coin was devised by folks over at the dogecoin online community. It also claims to have a so-called “smart stakeout system” that’s made to reward DOGEY users. Hence, more of the meme coins will be instantly added to users’ accounts on each transaction.
As users sell their DOGEYs, the coin’s value increases since these are burned automatically. This results in the creation of an ecosystem that motivates its investors to keep their DOGEYs and reap the rewards.
Doge Yellow Coin’s price
As of writing, Doge Yellow Coin’s market price is at 0.000022 alongside a 24-hour trading volume of $93,718.60. That said, DOGEY’s been down by 7.54% in the last 24 hours with a low of $0.00002188 and went as high as $0.0000247.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
