Doge unchainedDUC
$0.0000113
Market/Exchange
DUC Price Prediction and Price Movement
DUC has been down 25.86 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that DUC's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if DUC is backed by a solid development team and whether DUC's technology has any potential to grow.
Please note that this analysis is purely base on DUC's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Doge unchained Price Chart
About Doge unchained
$DUC is the world’s first doge-paired token. While all other tokens have an on-chain liquidity pool (bnb, eth, matic, etc.), Doge Unchain’s liquidity value rests in wrapped doge with a DUC-DOGE pool. However to begin, only 10% of the liquidity is paired in wDoge, but will increase proportionately to the bnb pool over time through our wDoge-design auto-liquidity mechanism. This means that if dogecoin goes up, $DUC goes up with it. Our tokenomics which funnel into our community and charity funds are also built with an auto-sell function for wrapped doge, which means that by buying Doge Unchained you are supporting the price of dogecoin.
We built DogeDEX, where all transactions will be routed through wrapped doge, like our token. Instead of using bnb or eth as a stable currency, we believe in backing our DEX with doge. DogeDEX will take a small fee in every transaction to buy back DUC (which will support wrapped doge), and use a token reserve to reward LPs. This way we can create a self-sustaining, people-backed DEX for all tokens who wish to join and also be backed by doge.
Lastly, because it is necessary to have wrapped doge to use DogeDEX, we are also building a bridge from dogecoin to wrapped doge accross evm compatible chains. This will come after the DEX, and allow dogecoin investors to finally participate in a DeFi environment which will genuinely support doge.