Despite the severe bear market and the recent crash, seeing Bitcoin fall to a yearly low of $15k levels, these Dogechain ecosystem tokens have recorded massive price increase. Let’s look at some of the factors that might have influenced the recent price spike.
Note: This list is sorted by their price increase within the last 24 hours, from the lowest to the highest.
DogeTools (DTOOLS)
- Price Increase (24hrs): 12.83%
- Price Unit: $0.01049
- Distinct Features: DogeTools is a special collection of tools and services that adds value to Dogechain and makes investors more at ease when interacting with the blockchain.
Due to a lack of tools available to the community given Dogechain’s recent growth, DogeTools was created as a collection of tools supporting DogeChain.
The DogeTools team is extremely optimistic about Dogechain as the originator of all Meme Coins! They want to be among the first because they see it as the chain with the best meme coin mooners.
The most recent price spike could be related to the team’s recent announcement, which was made on their official Twitter account.
Its official @DogechainFamily will be inegrating the #DogeTools TipBot in to the main #Dogechain telegram chat once the chain is fully upgraded! pic.twitter.com/7UpSYIRVve
— DogeTools (@DogeToolsDC) November 11, 2022
Among other services they offer, DogeTools Security enables tokens to easily increase credibility by auditing and doing KYC with them. A reward in $DTools Tokens will be given to any holder who recommends DogeTools security services to a token on any chain and completes a KYC and/or Audit.
Exchange: DTOOLS is currently trading live on DogeSwap.
Dogechain (DC)
- Price Increase (24hrs): 14.43%
- Price Unit: $0.001359
- Distinct Features: Dogechain is extremely quick! The blockchain uses POS consensus to offer low transaction costs and quick transactions.
In order to introduce crypto applications like NFTs, gaming, and DeFi to the $Dogecoin community, Dogechain turbocharges $Dogecoin.
Sadly, none of these applications are compatible with $Dogecoin (or any other dApps). Dogechain addresses this. Dogecoin holders now have more options thanks to Dogechain than just waiting for the cryptocurrency to rise in value. Dogechain is a layer that sits on top of Dogecoin. Dogechain is required for Dogecoin users to participate in NFTs, games, and DeFi.
Gas prices can be paid with $Dogecoin for Dogechain users. Dogechain offers useful features to Dogecoin users who are sick of just hoarding their money.
The team recently released a sneak peek into the #Dogechain #PoS user interface, which will go live on November 14th.
1/4
Hey Shibes, staking is almost here.We are running some of the final tests over the weekend. Meanwhile, have a sneak peek into the #Dogechain #PoS user interface.
Disclaimer: Please note that this is a testing version of the UI, and may still undergo some changes pic.twitter.com/lC5nLzaYzV
— Dogechain
(Giving away a Tesla) (@DogechainFamily) November 11, 2022
Exchange: DC is currently trading live on KuCoin, Huobi Global, Gate.io, and MEXC exchanges.
Poo Doge (POO DOGE)
- Price Increase (24hrs): 230.90%
- Price Unit: $0.0000001018
- Distinct Features: Staking your PooDoge in pools that pay out in PooDoge and other promising partner tokens on Dogechain is another way to earn sweet rewards.
PooDoge is a utility token on Dogechain that gives investors the capabilities to track, trade, and chart all of their tokens and NFTs in one location. It also serves as a portfolio tracking and charting suite.
With features that are simple to use and make the switch to Dogechain as painless as possible for both newcomers and blockchain experts, PooDoge combines Charts, a Powerful Portfolio Tracker, a built-in Swap with Multi-Charts, Favorites, Watchlist, and more.
The utility token known as PooDoge Token is utilized to access features like staking, advanced trading tools, and more.
The recent launch announcement from DogeChain might have as well fueled the price increase for PooDoge.
Great news, more utility for $DC is great news for #Dogechain! Stay tuned PooDoge fam for some news on even more use for your $DC we plan to bring to the @DCecosystem https://t.co/cSix9C9AY4
— PooDoge – All in one Trading Utility on Dogechain! (@PooDogeOfficial) November 8, 2022
Exchange: POO DOGE is currently trading live on Finexbox, QuickSwap(DogeChain), and DogeSwap.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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