What is Dogeswap and How to Buy DOGES; Will it Cross 5$ Mark

What is Dogeswap (DOGES)?

Dogeswap (DOGES) is a decentralized global exchange based on the Ethereum blockchain with an automated pricing and liquidity system. It is inspired by Dogecoin and intends to reward token holders with substantial returns through staking and yield farming ecosystems. Dogeswap is linked to prominent decentralized exchanges and synthetic asset suppliers (a tokenized blockchain-based derivative of an underlying asset).

This project aims to include a variety of systems and services, including decentralized asset management, NFTs, and digital art, as well as a decentralized launchpad, a staking exchange, and a farming mechanism.

To lower fees, the Dogeswap ecosystem aims to provide a one-of-a-kind bridge between Binance (BNB) and Ethereum (ETH).

Users can link their crypto wallet to Dogeswap in order to exchange ETH for DOGES (the platform’s native currency) and earn incentives through staking. Dogeswap seeks to provide customers a return of up to 1000% APY by staking, with no minimum amount necessary to join the liquidity pool. On the platform, any amount of DOGES can be staked. Staking eliminates the issue of inflation, encouraging worldwide traders to trade in DOGES.

DOGES can also be used as governance tokens, allowing token holders to help influence the future of the protocol by voting on proposals or amendments.

Will Dogeswap Cross $5 Mark?

DOGES is currently trading at $4.27, up by 3.71% in the past 24 hours. 
What’s remarkable is that its value has skyrocketed by 68.13% in the last 7 days, from $2.54 to $4.27. In the past, DOGEs have breached the $5 mark several times amid high volatility.

It touched $11.98 last month and $74.03 in last one year. According to Cryptopredictions.com, DOGES can surpass the $5 mark in December 2022. According to their forecast, it will hover around $5 in early 2023, and can go up to $7 by the end of the next year.

How to Buy DOGES?

DOGES is listed on two crypto exchanges namely, Finexbox and VinDAX. Follow these steps to buy this meme currency:

1. Download a Metamask wallet
2. Set up your Metamask
3. Buy Ethereum as your base currency
4. Send Ethereum to your crypto wallet
5. Choose a Decentralized Exchange (DEX)
6. Connect your wallet
7. Choose Ethereum as your payment method and Dogeswap as the coin you want to buy.
8. Click on the Swap button.

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