The major mistake made by Catizen and most competing games on Telegram was organizing an airdrop. By offering tokens for free, they created a situation where beneficiaries had no incentive to hold on to their assets. Result: a majority of them sold quickly, causing a sudden drop in the value of CATI.
This allowed tokens to be distributed quickly, but was a missed opportunity to create value. Dogizen, on the other hand, is organizing an ICO. Instead, by asking DOGIZ investors to actually invest, Dogizen encourages buying, holding, and waiting for long-term gains.
Dogizen is taking a thoughtful strategy by aiming for a launch market cap of around $10 million. We analyzed its main competitors, from Catizen to Hamster Kombat to Notcoin. These projects have reached market capitalizations ranging from $100,000 to over $2 billion in record time, despite questionable strategic choices like airdrops and lack of participation in the bullish pumps of the first and fourth quarters of 2024.
These performances underline a clear potential: Dogizen could achieve potential multiplications by 20, 100 or even by 100. And this does not even take into account the 34.57% of gains still possible before the end of the presale.
