Doctor Doge meme token suddenly grew by 3,300%

Editor’s note: not financial advice!

Doctor Doge (DRDOGE), a recently launched meme-coin on the Solana blockchain SOL $140.20 Solana -3.91% Market capitalization $65.68 billion VOL. 24 hours $0.55 billion , has surged 3,300% following the announcement that the coin will be listed on MEXC, one of the largest centralized exchanges in the world.

This will be DRDOGE’s first listing on a centralized exchange and it is currently only available for purchase on the decentralized exchanges Raydium and Jupiter.

Doctor Doge is aiming to become one of the most well-known cryptocurrencies in the world, challenging projects such as Shiba Inu (SHIB) and DogWifHat (WIF).

The listing on MEXC is a huge bullish catalyst for Doctor Doge, as millions of dollars in investment are expected to immediately flow into the coin after the listing. In addition, the developers are planning other listings on CEX later this month.

DRDOGE is currently trading at around $ 0.983, down 78% over the past 24 hours after previously rising to $ 0.9.

Most investors are expected to hold their positions in DRDOGE in the medium to long term as its market capitalization is only $ 43,000. Industry analysts believe that the meme-coin will bring «astronomical profits» if its market capitalization reaches $ 5 million to $ 10 million.

Therefore, it is not surprising that numerous investors who bought SHIB and WIF earlier are also investing in DRDOGE in search of more significant profits in a short period of time.

No Worries strongly recommends that readers do not invest in dubious crypto projects and little-known digital assets!