Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

Telegram Gaming Hits $1 Billion in Market Cap, Dogizen ICO Launching Friday

Source Cryptopolitan

The world’s first Telegram ICO, Dogizen, arrives in four days, and it has the power to turn Telegram gaming on its head. This year, Telegram gaming has been the envy of just about everyone. Multiple projects broke multiple records, and the sector has risen to touch ten figures after less than a year, and with only a handful projects in the space.

This suggests that there are serious numbers on offer for a project that challenges current players like Hamster Kombat. And as you’ll see below, Dogizen has a game changing arsenal of technology in the works.

Dogizen explained

Dogizen is a Telegram game, currently boasting over 1 million users, with the potential to revolutionize TG gaming.

While its addictive tap-to-earn mode alone is enough to compete with the likes of Hamster Kombat, Dogizen’s future plans are what set it apart from the rest of Telegram gaming.

The Universe will offer players a whole range of games, all nested within the Dogizen mini-app, and all connected together via an interoperable play-to-earn ecosystem based around the DOGIZ token. This gives players a near-inexhaustible variety of games to dive into and an equal number of new ways to earn crypto.

That’s not all, though: the Dogizen SDK will allow developers to build their very own games that can be deployed within the Universe, unlocking a ready-made audience to populate their creations, with indie developers potentially paying no fees to list. The kicker is that DOGIZ token holders earn a slice of the revenue generated. Considering Catizen’s $200,000 daily earnings, this is a potential revenue stream not to be ignored.

The vision is clear: with the Dogizen Universe, Dogizen is set to become the home for gamers, developers, and crypto fanatics in a one-stop shop built on one of the world’s most popular messaging apps.

Dogizen has insane market forces in its corner

Telegram games have exploded in popularity in 2024, rapidly soaring into the eye-catching $1 billion market cap territory that forced the institutional bigwigs to start making more aggressive moves in the sector. And with the wider GameFi space soaring to the dizzying heights of around a $15 billion market cap at press time, this is a burgeoning gold mine of a market to tap into.

The headline is clear: tap-to-earn is huge and the story of 2024. Hamster Kombat’s rapidly attained 300-million user base—that’s nearly 4% of the total world population—and its record-breaking ascent to 10 million subscribers on YouTube, eclipsed only by Cristiano Ronaldo, is perhaps the most groundbreaking example. Hamster Kombat’s market cap is already close to $500 million. And everywhere you look in both the GameFi and Telegram gaming sectors, explosive growth stories are unfolding.

Take Pixelverse—this crypto gaming project delivered 50% gains to early adopters in a matter of hours following its recent airdrop. Meanwhile, the DOGS token, a Telegram meme coin and game, delivered a quite remarkable $2.5 billion in early volume. Perhaps most shockingly, only USDT and ETH have more active token holders than DOGS right now.

So, when you consider that Dogizen combines the monstrous trends of GameFi and Telegram gaming into a contagious canine package, Friday’s presale launch could be unprecedented.

If you missed Hamster Kombat…

Dogizen offers you a second chance to get in early on the Telegram gaming party. A sector that’s currently overachieving beyond belief. What’s more, with the Dogizen Universe, you’d be backing what’s set to be the launchpad for an entire ecosystem of Telegram gaming titles.

By backing Dogizen, you’re essentially backing an entire industry. And if we’ve learned anything from 2024, it’s that Telegram gaming has more rocket fuel in the tank than a SpaceX mission.

Will you be first on the scene to supercharge your portfolio’s gains, or will you join the back of the rapidly growing queue as prices potentially soar?

The Dogizen presale goes live on 4th October, 2024 at 8am UTC. Visit the official Dogizen website for further info.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changed Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.

Author Irene Q.

Sep 23, Wed

Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.

Four jobs reports in five days: what JOLTS, ADP, claims and the September payrolls mean for the October Fed decision The US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.

Author Mitrade

Sep 28, Mon

The US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.

【Daily Brief】30-year Treasury tops 5.59%, S&P 500 slips to 7,670 and gold holds $4,180 — PCE lands tonight The 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.

Author Suzie

Sep 30, Wed

The 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.

Gold falls to near $4,150 as higher Treasury yields, oil prices outweigh softer PCE inflation Gold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday.

Author FXStreet

Yesterday 01: 26

Gold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday.

United States Dollar Index sits near March 2025 highs, above 102.00 ahead of US NFP The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts buyers for the fifth straight day and climbs back above the 102.00 mark during the Asian session on Friday.

Author FXStreet

10 hours ago

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts buyers for the fifth straight day and climbs back above the 102.00 mark during the Asian session on Friday.

Popular Symbols