Cat in a Dogs World Hits New Highs as Dogizen Approaches $1M Raise

Telegram gaming platform Dogizen is closing in on a $1 million raise in the first-ever Telegram ICO. The presale inflows come as crypto continues to pump across the board, with meme coin MEW, also known as “cat in a dogs world”, hitting new all-time highs overnight. MEW now sits at a market cap just short of $1 billion, demonstrating impressive adoption.

Meme coins have performed well recently, but due to their nature and inherent lack of utility, there is no guarantee that the rally will continue. Does this make Dogizen a much better long-term investment?

MEW: Impressive but Overhyped?

MEW’s performance this week has certainly turned heads, with new all-time highs at around $0.01082 and a market cap of $960 million showing clear strength from the meme coin – but this could be the blow-off top that spells the end of its dominance.

Without any utility whatsoever (MEW is a through-and-through meme token), there’s nothing holding up the value of Cat in a Dogs World except for pure hype. And, while hype like this can undeniably lead to sharp rallies, it can disappear just as fast.

Compared to Dogizen, it’s arguably a much riskier investment. New buyers could very well be buying the top, only to be dumped on by early buyers taking profit over the next few weeks.

Dogizen’s Rise to the Top of TON

Dogizen is emerging as a flagship project in Telegram’s TON blockchain ecosystem, thanks to its pioneering presale structure and gaming innovations.

Already, up to half of Telegram gamers are no-coiners, with these games bringing in thousands of new users into crypto – but Dogizen goes a step further. By offering an ICO within the app, the DOGIZ token offers a crypto on-ramp available with total ease to TG’s 950 million users.

Beyond these scope-broadening innovations on TON, Dogizen’s gaming platform promises to bring a fresh spin to the Telegram space. The core game already boasts over 1.4 million users, and the Dogizen Universe, launching next year, will likely change the game entirely.

This virtual play-to-earn (P2E) arcade, which is underpinned by the interoperable DOGIZ token, will bring more variety than ever to the P2E space, and with the token giving users rev share capabilities too, it could continue to accrue huge demand into 2025.

DOGIZ vs. MEW: How to Buy the Best Crypto This Week

MEW’s highs are eye-catching for sure, but they likely signal a local top, implying an imminent dump – all previous spikes have been immediately followed by a huge drop, and this week’s 15% rally could be no different.

In light of this, the rapidly growing Dogizen is arguably a much better investment. As it’s still in presale, DOGIZ is currently available at a heavily discounted price of $0.000074 – don’t miss the chance to get in on a powerful project with strong fundamentals way ahead of the pack.

To buy DOGIZ and learn more, head to the official Dogizen website.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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