Quick facts

• Token: DOGESTR (BEP-20) on BNB Smart Chain
• Contract: 0x44f5fd30d04fc3f6b0bd14100e506a9843f19e12 (see on BscScan)
• Decimals: 9
• Total supply: 1,000,000,000,000,000 (1 quadrillion)
• Holders: ~26 shortly after launch (as of 2024-05-20)
• Launch time: 2024-05-19 12:47:35 PM UTC

What is DOGESTR?

DOGESTR is a newly minted meme token that leans into the long-running “Doge” meme lineage popularized by Dogecoin and later Shiba Inu. Like most meme coins, it’s driven more by community and narrative than by traditional utility.

In the earliest stage, the thesis is simple:

• Community building: Can the project rally active supporters?
• Virality: Can it ride social momentum across X, Telegram, and Reddit?
• Market sentiment: Does it benefit from broader meme coin cycles?

The huge 1 quadrillion supply is common in meme coins, making the price per token feel affordable, though it says little about actual valuation.

Why the BNB Smart Chain matters

DOGESTR uses the BNB Smart Chain (BSC) and conforms to the BEP-20 token standard. For meme tokens, BSC is popular because:

• Lower fees vs. Ethereum make small trades feasible.
• Faster confirmations help active traders.
• A large ecosystem of wallets, DEXs, and analytics tools enables quick discovery and onboarding.

Tokenomics and early distribution

• Total supply is fixed at 1 quadrillion DOGESTR.
• Early holder count is tiny, which is typical right after launch but means concentration risk is high.
• Public details on liquidity, team holdings, ownership status, taxes, or burn mechanics aren’t obvious from a quick BscScan pass. You’ll want to review the contract in detail before transacting.

Community and development status

At launch, information about official channels, a roadmap, or marketing plans was minimal. For meme tokens, momentum typically comes from:

• Active social hubs (X, Telegram, Discord)
• Clear updates on listings, partnerships, and milestones
• Organic evangelism from holders

Without these, visibility stays low, and liquidity can remain thin.

Key risks to understand

• Extreme volatility: Prices can surge or crash within minutes on sentiment alone.
• Limited intrinsic value: Early meme coins usually don’t ship utility at launch.
• Liquidity risk: Thin liquidity can cause large slippage on buys/sells.
• Rug-pull potential: Anonymous teams, unlocked liquidity, or stealth taxes are common pitfalls.
• Smart contract vulnerabilities: Unaudited contracts can harbor bugs or malicious functions.
• Centralization: A few wallets holding outsized shares can move markets or dump.

Only use funds you can afford to lose and verify everything on-chain.

How to research DOGESTR yourself

Use this simple checklist before touching the token:

• Contract basics
  • Read the contract on BscScan. Look for buy/sell taxes, blacklist functions, trading limits, or minting rights.
  • Check ownership status: Is ownership renounced or held by a team wallet?
• Holder distribution
  • Review the top 10 holders. If one or two wallets control a large chunk, risk is higher.
• Liquidity safety
  • Confirm if liquidity is locked (and for how long) or burned. Unlocked LPs can be yanked.
• Socials and transparency
  • Find official X/Telegram/website links and verify they match the contract address.
  • Look for regular updates and clear, consistent messaging.
• Trade execution
  • Test a small buy/sell to confirm taxes and liquidity behavior match expectations.

Where to track and trade DOGESTR

For discovery, analysis, and execution:

• GMGN.AI: Track and trade the token with real-time analytics and safety checks via DOGESTR’s page at https://gmgn.ai/eth/token/fV1R5sZ5_0x44f5fd30d04fc3f6b0bd14100e506a9843f19e12
• PancakeSwap (BSC): A leading BSC DEX for BEP-20 swaps. Always double-check the contract address before trading.
• BscScan: Monitor holders, transactions, and contract reads/writes at the token page.

Tip: Start with a tiny test transaction to validate taxes and slippage. If you can’t sell or see unusual errors, stop and reassess.

Bottom line

DOGESTR is an early, high-risk meme token on BSC. Its upside—if any—depends on community traction and sustained visibility. The same traits that can drive fast gains can also amplify losses. DYOR with on-chain data, keep position sizes small, and treat any capital at risk as potentially lost.