How Dinoge Inu Aims to Become the Next Shiba
Love them or hate them, meme projects are not going anywhere. The path etched out by Elon’s favorite, Dogecoin — which might have started as a joke but is now serious business at a $10 Billion dollar MC — has now been traveled by many other projects hoping to echo it’s success, and several have done exactly that, such as Shiba Inu and Floki. It seems that whilst many projects are focused primarily on use-case and web 3.0 application, there is still massive value in meme projects, as long as the team is dedicated and the marketing strong.
After all, who doesn’t like making money?
However, cryptocurrency while exciting, is an extremely volatile space — just take the recent fiasco with Terra Luna for example. Given that huge projects such as this can take a sudden nosedive, those down in the infant depths of DeFi have an even tougher battle for supremacy and the chance to prove their legitimacy amidst a sea of scams to potential investors. With an overwhelming number of meme projects available to choose from there is an ever growing risk of many new legitimate projects fading into quiet obscurity. On the other hand, with market leaders like Dogecoin and Shiba Inu now boasting market caps in the billions of dollars, it seems that those who get it just right can rise right to the top and rub shoulders with the greats. Indeed, there is one new project aiming to do exactly that. It’s name?
Dinoge Inu.
Known as Dinoge for short, the project is less than a week old, but has already seen a massive level of support almost unheard of in the current bear market. Huge call groups such as Caesar and Venom have actively promoted it (with the former even going so far as to be extremely active in the Telegram community and changing his profile pic to support the cause). From its humble beginnings of $1k MC, the project has stormed ahead, reaching an impressive ATH of $600,000 within 4 days, representing a staggering 600x ROI for those who got in right at the bottom and held. While it has dipped somewhat from that current peak, there is an almost endless level of support through constant new buys, again setting it apart from many other meme projects.
In addition, the team (who are well-known within the space) are extremely active within the community, presenting investors with constant milestones — such as a completed CMC listing application and a fully functioning website within days of launch — as well as various incentives and fun competitions, like a buy timer (that rewarded the final buy with BNB at the end of its countdown but reset each time someone else purchased tokens), and a payout for the largest buy on a given day. The whitepaper is now on its way and the team have teased at real-world utility in the near future, in the form of Dino Chain. How exactly it will work remains a mystery, but given the speed at which the team seems to operate, it appears to be something that will be announced sooner rather than later.
The community itself is very strong, with some 2,100 members in the TG alone, who are all very active — spreading the good word through shilling and free promotion — and also supportive and appreciative of newcomers. Even those who aren’t within the team have taken it upon themselves to oversee the Telegram chat when the developers are sleeping, so that someone is always available to help with any questions someone might have. As well as this, as already mentioned, Caesar, (the owner of the much respected Caesar Calls group) is very active in the group, helping to create hype and even purchasing tokens himself.
With the huge buzz surrounding the project in this very early stage, and the fact that the new Jurassic Park film releases soon (which represents great forward-thinking by the team), as well as a cute mascot, active team, supportive community, and the promise of upcoming utilities that will allow the project to transcend its meme origins, we might just be looking at the next killer project.
Move over Shiba, there’s a new meme in town.
If you would like to find out more about Dinoge Inu then you can check out the website at https://www.dinogeinu.com /or join the active community on Telegram at https://t.me/DinogeInuPortal
This article was written by the Wordsmith. Please note that the Wordsmith is not a financial advisor and nothing written above is financial advice. Always do your own research before investing and never invest more than you can afford to lose.
