Doge Eat Doge is the latest meme token on the Dogechain platform, making waves with its unique features and playful name. The name stems from the popular Dogecoin meme. It is a competitor to Shiba Inu (SHIB) and other meme coins. The token is often known as the “Shiba Killer”.
Does Doge Doge Eat Doge sound interesting to you? Discover all about this meme coin with us. We will guide you through the functionality, performance, key indicators, future price predictions, buying options, and credibility of the coin.
Let us check if it is a must-have token on your crypto portfolio:
What is Doge Eat Doge(OMNOM)?
The success of Doge Eat Doge is in limited supply. Since the crypto world has a limited supply of OMNOM tokens, the value increases multifold. 69% of the total OMNOM supply was burned during the launch. This effectively reduced the total coins and potentially increased the value.
Now, the remaining OMNOM tokens are being circulated in order to create liquidity. The remaining 31% is available in crypto exchanges for trading, ensuring easy access for the community.
Token Name: OMNOM
Market Capitalization: $22,741,260
Total Supply: 1,000T OMNOM
Max Supply: 1,000T OMNOM
Chains: Dogechain Ecosystem
Key Factors of Doge Eat Doge(OMNOM)
At an initial glance, Doge Eat Doge (OMNOM) seems to be a meme token, but it’s more than that. It is equipped with some of the most fascinating features.
Burning: The initial token distribution of OMNOM is unique. Often, crypto projects assign some tokens to the development or marketing team. But Doge Eat Doge burns tokens to create a demand-supply deficiency. Burning removes them from circulation. It is like taking a few necessary coins out of the game. The process will indirectly influence the price through scarcity principles.
Reduction of Token: A significant portion of the OMNOM tokens went to the wallet of the co-founder of Ethereum. It also creates a similar scarcity impact. Some speculate the reason for it is to build hype.
Community-driven: OMNOM is a community project. The token holders can vote and influence the direction of the project. However, the level of actual community control and its impact will decide the future. The more decentralized it is, the more the value.
Deflation: It looks like the OMNOM follows a deflationary model. As before, the total supply of the tokens may decrease over time. It will increase the value of the remaining tokens in the market. However, there is not yet any official confirmation of this feature.
Price Prediction of Doge Eat Doge (OMNOM)
Expert traders of crypto always double-check the price prediction before they invest. This enables them an understanding of the future of crypto.
At the time of writing, Doge Eat Doge is trading with a 24-hour trading volume of $507,563.
This represents a 44.10% increase from the previous day. This is a signal of a rise in recent market activity. After analyzing the market trajectory and other technical indicators, we have formulated a seven-year price prediction for OMNOM.
Check out the seven-year price prediction of OMNOM until 2030:
| Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
| 2024 | $0.0000000651 | $0.000000151 | $0.000000161 |
| 2025 | $0.000000158 | $0.000000172 | $0.000000188 |
| 2026 | $0.000000217 | $0.000000247 | $0.000000263 |
| 2027 | $0.000000283 | $0.000000320 | $0.000000331 |
| 2028 | $0.000000283 | $0.000000320 | $0.000000331 |
| 2029 | $0.000000349 | $0.000000396 | $0.000000404 |
| 2030 | $0.000000497 | $0.000000536 | $0.000000441 |
Where can you buy Doge Eat Doge (OMNOM)?
You can easily buy and sell OMNOM on credible centralized and decentralized crypto exchanges. You can choose from popular options like
How to buy Doge Eat Doge (OMNOM)?
Professional traders calculate their investment scheme before proceeding with the buying option. If you are looking forward to buying OMNOM, check out the step-by-step process:
Step 1: Choose your Exchange: Create a free account on the website or the mobile application of the Exchange.
Step 2: Fund your account:. You can choose funding options like Credit Card, Debit Card, P2P Trading, and Third-Party payment.
Step 3: Purchase the Doge Eat Doge: Select OMNOM from the “buy” on the “buy and sell” option.
Step 4: Transfer the Doge Eagt Doge: Transfer the OMNOM into your wallet.
You can either hold the OMNOM in the exchange or you can easily save it in your Crypto wallet. You can also trade it for other cryptocurrencies, which can generate passive revenue.
Is Doge Eat Doge (OMNOM) a credible investment option?
Shiba Inu is the meme coin created to end Dogecoin. OMNOM is here to fight back as the “Shiba Killer”. The community-driven project is no less than a meme war.
The features of Doge Eat Doge will potentially increase its value in the future. As per the analysis, the future looks good and it may be a worthwhile and credible investment.
Doge Eat Doge, like any other meme coin, is inherently volatile in nature. Do your own research before investing.
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