Key Points:

  • ArbDoge is receiving an enthusiastic response from the Arbitrum community.

  • According to the announcement, 100% of the token supply will be completely airdropped to the community that holds ARB and participated in the previous airdrop of Arbitrum.

  • Currently, some exchanges like MEXC have listed tokens.

Dogecoin has a new rival, ArbDoge, and even though we don’t have much information about this meme coin, it has been heavily advertised and listed by some cryptocurrency exchanges.

With the recent warming of the market and the L2 upsurge, the meme wealth effect has also emerged. Recently, AIDOGE on Arbitrum has aroused community discussion because it issued airdrops to Arbitrum airdrop recipients.

According to the @sankinyue data panel, since the opening of applications on April 15, more than 200,000 Arbitrum user addresses have received the token, accumulatively paying 44 ETH Gas, and the current holder addresses exceed 90,000.

In addition, after being listed on exchanges such as MEXC at noon today, the token has risen by more than ten times.

#MEXC new listings alert! $AIDOGE/USDT will list in the Assessment Zone at 07:00 on Apr 17 (UTC).@ArbDogeAI is a deflationary token. It will be used by #AIDOGE ecosystem applications. Details: https://t.co/nmDouuHqiD pic.twitter.com/DOturSkNjb

— MEXC Global (@MEXC_Global) April 17, 2023

According to the statement, everyone who participated in the ARB airdrop may now claim a total of 210,000,000,000,000,000 AIDOGE tokens. Unclaimed AIDOGE tokens will be utilized for the Community Long-Term Incentive Reward Program if they are not claimed within 31 days. The AIDOGE will be delivered and burnt to the Arbitrum community’s greatest contributors.

Gm, $ARB holders! Did you claim the airdrop of @ArbDogeAI? No doubt, the @arbitrum season has come! We'll give away 1,500 $ARB ($2,500) for 15 Holders on our Discord sponsored by @ArbDogeAI today! Join our server to claim your Holder roles, https://t.co/pynDTZ3h3S pic.twitter.com/8JHeqHQfQe

— ANDAO ( , ) (@ArbitrumNewsDAO) April 17, 2023

When the recent Arbitrum growth has resonated with the community, this is a fairly clever impact. And AIDOGE has taken use of this to draw more people to know about the currency meme’s top opponent, Dogecoin, with the immediate objective of, or further, the top rival of every memecoin, Dogecoin.

If you got the $ARB Airdrop, you're eligible to claim another Airdrop from a new experiment @ArbDOGEAI on Arbitrum;The coin $AIDOGE is up over 10x since launch,The $PEPE of Arbitrum?Here are the details about the new Airdrop and steps to claim it pic.twitter.com/d6D5fpDuXA

— notEezzy (@notEezzy) April 17, 2023

AIDOGE is unique in that it is a deflationary token. AIDOGE ecosystem apps will take advantage of it. There are 210,000,000,000,000,000 tokens in total supply. AIDOGE belongs to everyone in the Arbitrum community and is also a critical key to unlocking the AIDOGE story’s future chapters.

AIDOGE has a 15% burning tax, hence when buying/selling, raising their slippage tolerance to roughly 20% is recommended to guarantee successful transactions. When users purchase AIDOGE, they will get a Lucky Drop ticket with a chance to win an Amazing reward according to their purchase amount. Users may also bet their AIDOGE to increase their earnings.

Some exchanges like Hotbit or MEXC have also announced the listing of this token. However, we are still skeptical when 100% of the token supply is airdropped.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

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