Is Dogger Token (DOGGER) the next mover-and-shaker in social media?

The Dogger Token (DOGGER) price rallied over 17%, while the trading volume skyrocketed by more than 952% in the last 24 hours to Tuesday morning.

Though we have heard of social media companies like Facebook and Twitter, it could be hard to imagine a decentralized social media platform. But that is what the Dogger Token aims to offer.

What is Dogger Token (DOGGER) and what triggered its rally?

With the digital revolution gaining pace, Dogger plans to change the social media landscape with innovative products and services. It aims to become a leader in the sector.

Dogger Token is a decentralized, open-source social media platform. It claims to be a free-to-use, zero-log policy platform offering “freedom of speech”.

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According to Dogger, its business model doesn’t have paid accounts, subscriptions, or external fees, except for the blockchain’s gas charges.

Unlike Meta Platforms, Google, and Twitter, which collect user data for ads, Dogger’s decentralized system offers complete user privacy and data security, it said.

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As the social media platforms use censorship policies that restrict users’ experience, Dogger claims to provide users total freedom.

Dogger considers Twitter as one of its main rivals.

The Dogger project has been actively discussed on various social media platforms. Some YouTubers also have made videos on the crypto, while others suggested that Elon Musk should join Dogger after he asked his Twitter fans if there was a need for a new platform. The social media discussions on the token have amplified since his March 26 comment.

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Data Source: CoinMarketCap.com

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Bottom line:

The DOGGER token was priced at US$0.002523 at 9:10 am ET on April 19, up 17.04%, while its volume for the trailing 24 hours rocketed 952.66% to US$1.21 million. It has a market cap of US$2.55 million, and its fully-diluted market cap is US$2.52 million.

The token’s max supply and self-reported circulating supply is 1 billion, according to CoinMarketCap.com. It saw the highest price of US$0.01024 and the lowest price of US$0.001876 in the last 30 days.

DOGGER token reached its all-time high of US$0.01024 on April 4, 2022. It is available for trading on Uniswap (V2).

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