SolDoge (SDOGE) is a next-generation meme coin based on the Solana blockchain. Meme coins mean when a cryptocurrency gets inspiration from memes or jokes on the internet or social media. According to the official website of SolDoge, the project is ready to take up the future of the web and prepare for the cyber shades. Unlike other meme coins running on the proof-of-work algorithm, SolDoge claims to be eco-friendly with a lower energy cost per transaction. Moreover, the project runs on the Solana blockchain, seeking to make it faster with low transaction fees. The project aims to become a project for the people and allow the community to make necessary decisions.
SolDoge has a community of token holders, traders, and users who seek to receive rewards on token liquidity and yield farming incentives. Liquidity means when an asset can convert itself into real-world currency without affecting the market price. Further, the project seeks to provide 51% of tokens to the community via minting. Minting refers to creating a new block, providing validation, and recording the same on the blockchain. The project also uses 10% of the fund to buy back the tokens. These tokens are intended to be used for liquidity, marketing, development, and more. Users can also generate profile picture style non-fungible tokens (NFT) on SolDoge.
SDOGE is the ticker symbol of the SolDoge token. The project offered 100% of the total token supply on the DEX to ensure a fair and transparent launch. Of the total supply, 89.5% goes for public sale, and 10.5% goes to team funds as a donation.