It’s been a tough ride for Dogecoin ($DOGE) and the majority of doge-themed meme coins like Shiba Inu ($SHIB). The entire dog-themed meme sector slid over the past 24 hours.
A combination of macroeconomic factors and technical breakdowns has been the primary driver of the current downturn.
Continued uncertainty in the US interest rates has contributed to the current downturn.
In addition, both $DOGE and $SHIB dipped below their respective key support levels, causing a decline in two of the largest dog-themed coins in the market.
As a meme coin, it positions itself as the more pumped and risk-loving cousin to the much-adored Dogecoin ($DOGE).
$MAXI isn’t for the weak of heart, but is better-suited for degens who go all in for maximum gains across the board: maxed squats, max leverage, max pump on the charts and in the power rack.
There’s a method behind the madness to this project. With a 40% token allocation for marketing, it’s well-positioned to gain a lot of attention among degens, while its 15% for development gives it a solid foundation to keep Maxi Doge pumping beyond the presale.
And since $MAXI is all about max gains, you can also stake to multiply your new tokens if you want. The presale is offering dynamic staking rewards, currently at an attractive 196% APY.
It’s well-insulated against market movements right now, allowing it to continue pumping and raking in the funds. With over $1.5M raised over the last four weeks, it just might be your best bet if you want a doge coin that isn’t just all bark and no bite.
Disclaimer: Always do your own research. This isn’t investment advice.
