Doge Killer was launched on the Ethereum Mainnet as an ERC-20 token. The Ethereum network is still considered the beating heart of DeFi as most smart contracts are hosted on the blockchain. As a consensus mechanism coin, Doge Killer is not minable. Those looking to acquire Doge Killer have to do so via an exchange.
Doge Killer has had unique price movements due to its very limited supply. Launched in November of 2021, the coin started out trading around the $3,000 mark. Since then, there have been ups and downs with the coin now trading around $1,200. Despite the downturn, there are reasons for holders to remain bullish. Given the popularity of its sibling Shiba Inu coin, Doge Killer has a ton of exposure and its tokenomics are very appealing. Should there be another bull run for altcoins, Doge Killer will likely be among the big beneficiaries.
While meme and dog coins aren’t for everyone, they have carved out a huge audience. Given that Doge Killer was produced by the same team that created Shiba Inu, it is understandable that there is a good deal of hype around this project. In addition, its tokenomics offering something of the yin to Shiba Inu’s yang have given it added appeal. While the price action has trended downwards since the coin’s launch, there are certainly reasons why people are bullish on the future prospects of Doge Killer.