DogeBonk (DOBO) is a brand-new cryptocurrency on the Binance Smart Chain. This project was launched in Autumn 2021, but it's already one of the most discussed meme tokens. Keep reading the new StealthEX article and find more about DOBO crypto and how to buy DogeBonk coin.
DogeBonk Coin Brief HistoryThis token was released in the middle of October 2021, following the hype of other meme projects, such as Dogecoin and Shiba Inu. Even though this cryptocurrency doesn't have an elaborate technology, it quickly got popular on Reddit, where the DOBO community reached over 6,5 thousand members in November, and this number keeps growing. That's become one of the primary reasons to choose this token as the Meme of the Year on Reddit.
The same month, many crypto enthusiasts with thousands of followers tweeted about DogeBonk. Furthermore, The Daily Express and Bitcoin.com posted articles mentioning this cryptocurrency.
All this led to incredible holder growth. Their number increased from 12 thousand to 35 thousand in a month, and as at the beginning of November, the DOBO market cap was under $10 million. It reached about $225 million after all this news.
The next thing bringing DogeBonk to the next level is that it has become the first cryptocurrency in space, which happened on December 19, 2021.
DogeBonk TokenomicsDogeBonk is a cryptocurrency with a limited supply of 1 quadrillion, and 30% of these tokens are burned. Moreover, after each transaction, a portion of DOBO is burned as well, as each wallet with this cryptocurrency receives reflections.
According to the main protocol, this project employs two functions: reflection and liquidity pool acquisition. All transactions have a 10% fee, which is divided into 2 parts:
- 5% to all current DOBO holders as static rewards
- 5% to the liquidity pool
As for reflection rewards, DOBO offers users to check how much they have earned for holding tokens. In this case, the only thing is to go to the Reflection Tracker on the DogeBonk website and enter their email.
What Makes DogeBonk Crypto Different?Even though DOBO is a meme token, it offers its holders more than the ease of entering the cryptocurrency market.
First, there is no particular team running this project. DogeBonk is community-driven, and everyone interested in it can contribute to its further development.
Another distinctive feature of DOBO is its MemeTools platform launched on December 18, 2021. It's needed for adding utility for this cryptocurrency and creating an entire ecosystem around it. This website operates similarly to other listing services. The only difference is that a project must buy and burn a particular number of DogeBonk coins to get on the list.
MemeTools developers believe it will help meme tokens be noticed by a larger audience. As the number of projects has already exceeded 70 tokens and it keeps growing, they successfully achieve their goal.
Since this token has been audited by independent experts, it gets more reliable. A Solidity Finance team checked it in November 2021 and did not identify any external threats.
DogeBonk ProspectsDogeBonk has already achieved fantastic results, and it keeps strengthening daily. Soon, this project is going to release its own NFT marketplace, whose final stages of development were announced in January 2022.
Furthermore, DogeBonk is going to increase media attention with more controversial news in 2022 to attract new holders.
DogeBonk Price Prediction Most experts are positive about BODO. According to CoinArbitrageBot, it'll reach $0.00000039 in 2025. PricePrediction experts are a bit more skeptical, but they still believe the DogeBonk price will be $0.00000022 by the same time.
SummaryAfter all, DogeBonk crypto is one of the most promising meme tokens on the market. With lots of extra features and media support, it becomes an interesting coin for those who aren't ready to invest much in crypto.
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.And by the way, on January 24, 2022, we had StealthEX & DogeBonk crypto AMA Session in our Telegram Community Chat. Just take a little time to read through AMA recap in our blog and learn the latest DogeBonk news.
