DUKO

price
change

Discover DUKO's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is DUKO?

DUKO is a Solana-based memecoin that focuses on community engagement and charitable causes. It was created on February 14, 2024, and is known for its unique branding and humor. DUKO does not promise financial returns but instead emphasizes enjoyment and fun. It has a strong community and has made donations to dog charities, fostering a sense of camaraderie among its holders.

How is DUKO used?

The crypto DUKO (DUKO) is primarily used for trading and investment purposes. It can be bought and sold on various cryptocurrency exchanges such as Gate.io, MXC, and BitMart, where it is paired with other cryptocurrencies like USDT. Additionally, it can be swapped for other cryptocurrencies on platforms like SimpleSwap. Users can also hold DUKO in their personal cryptocurrency wallets, such as Metamask Wallet, which supports millions of assets and blockchains.

How do I store DUKO?

To store DUKO (DUKO) tokens, you can use a variety of methods:

  1. Personal Cryptocurrency Wallet: You can store DUKO in a personal encrypted wallet. This wallet serves as a secure storage for your tokens and allows you to manage them independently.

  2. Centralized Exchange (CEX) Wallet: You can store DUKO on a CEX like Bitget, which allows you to purchase and store DUKO hassle-free. Similarly, you can hold DUKO in your MEXC Account Wallet or send it elsewhere via blockchain transfer.

  3. Decentralized Exchange (DEX) Wallet: You can store DUKO separately in a personal wallet if you purchase it on a DEX platform.

  1. Metamask Wallet: Metamask supports millions of assets and blockchains, making it a suitable option for trading DUKO to a decentralized exchange.

  2. SOL Ledger Address with Solflare: You can store DUKO on your SOL ledger address and link it to Solflare, which allows you to trade DUKO into other coins without needing to send it anywhere.

These options provide flexibility and security for managing your DUKO tokens.

How to buy DUKO?

To buy DUKO (DUKO) tokens, follow these steps:

  1. Choose an Exchange: Select a reliable cryptocurrency exchange that supports DUKO, such as MEXC, Binance, CoinEx, or gate.io. Research the exchange's reputation, fees, and security features to ensure it meets your needs.

  2. Create an Account: Register for a free account on the chosen exchange's website or mobile app. Provide necessary information, including your email address and a secure password. Complete any required identity verification steps (KYC) to increase withdrawal limits and unlock additional features.

  3. Fund Your Account: Deposit funds into your exchange account using a suitable method:

  • Credit/Debit Card: Most exchanges support Visa and Mastercard transactions.
  • Bank Deposit: Transfer fiat currency from your bank account to the exchange using SWIFT.
  • P2P Trading: Buy DUKO directly from other users on the exchange's peer-to-peer service.
  • Third-Party Payments: Utilize services like Simplex, Banxa, or Mercuryo.
  1. Buy DUKO: Navigate to the exchange's "Buy & Sell" or "Spot Market" section, select DUKO as the cryptocurrency you want to buy, and choose your preferred payment method. You can also consider buying a stablecoin like USDT first and then using it to purchase DUKO.

  2. Store Your DUKO: Once purchased, you can hold your DUKO tokens in your exchange account or transfer them to a personal cryptocurrency wallet, such as Metamask, for additional security and flexibility.

  3. Monitor and Trade: Keep track of your DUKO investment performance and consider trading it for other cryptocurrencies or using it for futures trading on the exchange.

Discover
DUKO
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of DUKO

The history of DUKO (DUKO) is a relatively short one, as it was launched in 2024 on the Solana platform. Since its inception, DUKO has experienced significant price fluctuations. The all-time high for DUKO was reached on March 24, 2024, at $0.007299, while the all-time low was recorded on February 29, 2024, at $0.0001886.

In terms of market performance, DUKO has seen notable changes in its market capitalization and trading volume. As of the current data, the market capitalization stands at $38,432,042, with a 24-hour trading volume of $15,121,952. This represents a significant increase of 145.02% in trading volume over the past 24 hours.

DUKO's price history is marked by periods of both growth and decline. For instance, between February 29, 2024, and the current date, the price has increased by 2008.94%. However, since its all-time high in March 2024, the price has dropped by 45.51%.

The community interest in DUKO is reflected in its popularity, with 18,609 watchlists on CoinMarketCap, ranking it 1514th out of 10,100 projects. This indicates a moderate level of interest and engagement from investors and traders.

Overall, DUKO's history is characterized by its launch on the Solana platform, significant price fluctuations, and a moderate level of community interest.

Discover
DUKO
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How DUKO works

DUKO (DUKO) is a meme coin built on the Solana blockchain, leveraging the popularity of meme culture to create a unique cryptocurrency. It is deeply intertwined with internet memes, particularly those related to dogs, which resonated widely across various online platforms. This connection to memes provides DUKO with a distinct identity and fosters a sense of community and engagement among its holders.

Mission and Objectives

DUKO is not just a meme coin; it has a defined mission and set of objectives that guide its development and utilization. These objectives include cultural significance, community engagement, investment potential, and diversification. By owning DUKO, investors are not just investing in a cryptocurrency; they are investing in a piece of internet culture. This unique positioning within meme culture and its growing community can contribute to its value increase over time.

Community Engagement

DUKO's essence lies in its association with a specific internet meme, providing it with a unique identity and fostering a sense of unity and engagement among its users. This mutual enjoyment and digital camaraderie underscore DUKO's role as more than just a cryptocurrency - it represents a community and a celebration of memes in the digital space. The corresponding community aspect enhances the overall experience of DUKO holders by providing opportunities for social interaction, collaboration, and even governance of the token's future direction.

Integration with Solana Ecosystem

DUKO's integration into the Solana ecosystem provides various benefits, including participation in decentralized finance (DeFi), interaction with decentralized applications (dApps), and exposure to a broader market of users and investors. This integration sets the stage for potential value growth and diversification within the Solana ecosystem.

Tokenomics

DUKO has a total supply of 9,999,609,598 tokens. The current circulating supply is 9,663,955,990. The tokenomics are structured as follows:

  • 75% allocated for liquidity to ensure sufficient tokens for trading and stabilize prices.
  • 2% for the team and potential exchange partnerships.
  • 3% for charity donations.
  • 20% for airdrops to increase awareness in the market.
Trading and Availability

DUKO is listed on various exchanges, including Bitget, CoinEx, BlueBit, BitMart, Gate.io, and MEXC. It can be traded against different fiat currencies and cryptocurrencies. The process of buying and trading DUKO tokens involves creating an account on a supported exchange, depositing funds, navigating to the DUKO trading page, specifying the purchase amount, and executing the trade.

Philanthropy

DUKO is committed to charitable causes, with a portion of its proceeds donated to dog charities. This commitment to giving back to the community has earned trust and admiration from the broader crypto community.

In summary, DUKO works by leveraging meme culture to create a unique cryptocurrency that fosters community engagement and investment potential. Its integration with the Solana ecosystem and commitment to philanthropy set it apart from other meme coins.

Discover
DUKO
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

DUKO's strengths

The token DUKO (DUKO) has several strengths that set it apart from other cryptocurrencies and contribute to its unique appeal:

  1. Community Engagement: DUKO is known for its strong emphasis on community involvement and impact. It has successfully fostered a sense of camaraderie and shared purpose among its community members, which includes both crypto enthusiasts and dog lovers. This community-driven approach has played a crucial role in its growth and adoption.

  2. Charitable Contributions: DUKO is committed to donating a portion of its proceeds to dog charities. This commitment to philanthropy has earned it trust and admiration from the broader crypto community. For instance, it has already donated 1,100 hot meals to Syrian refugees and made significant donations to animal help centers.

  3. Uniqueness: DUKO stands out from other cryptocurrencies due to its meme-based approach. It does not promise financial returns but instead focuses on humor, randomness, and the love for dogs. This unstructured approach allows it to embody the essence of memes, which is humor, randomness, and the unexpected.

  1. Solana Ecosystem: As a Solana-based memecoin, DUKO benefits from being part of the Solana ecosystem. This opens up opportunities for integration with decentralized applications (dApps), participation in decentralized finance (DeFi), and access to a broader market of users and investors.

  2. Trading Availability: DUKO is listed on several prominent exchanges, including BlueBit, Bitget, BitMart, Gate.io, and MEXC, making it easily accessible for traders and investors.

  3. Strong Market Presence: Despite being a relatively new token, DUKO has already gained significant traction and maintains a strong position in the market. It has a substantial trading volume and a notable market capitalization.

These strengths have contributed to DUKO's popularity and growth within the cryptocurrency space.

DUKO's risks

DUKO (DUKO), a cryptocurrency, is exposed to various financial risks. These risks can be broadly categorized into several types:

  1. Credit Risk: This risk arises from the possibility of default by borrowers, which can lead to losses for lenders. In the context of DUKO, this risk is associated with the potential inability of borrowers to repay debts, affecting the overall financial health of the system.

  2. Liquidity Risk: This risk is related to the inability to buy or sell assets quickly enough or at a favorable price. For DUKO, liquidity risk can manifest in two ways: market liquidity risk, where assets cannot be sold or purchased at a rate that compensates for losses in a volatile market, and funding/cash flow liquidity risk, where a company might not have the necessary capital to pay its debts.

  3. Operational Risk: This risk stems from poor management or flawed financial reasoning within a business. For DUKO, operational risk can arise from internal factors such as inefficient management or flawed financial decisions.

  1. Market Risk: This risk is associated with changes in market conditions that can affect the value of investments. For DUKO, market risk can result from fluctuations in market interest rates, changes in market sentiment, and other macroeconomic forces.

  2. Speculative Risk: This risk arises from investments with uncertain outcomes. For DUKO, speculative risk can occur when investors make decisions based on incomplete or inaccurate information, leading to potential losses.

  3. Currency Risk: This risk is relevant for DUKO if it involves transactions in multiple currencies, as changes in exchange rates can affect the value of investments.

These financial risks are crucial to consider for investors in DUKO, as they can significantly impact the value and stability of the cryptocurrency. Effective risk management strategies, such as diversification and hedging, can help mitigate these risks and ensure more informed investment decisions.

Discover
DUKO
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did DUKO raise funds?

Discover
DUKO
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

DUKO’s team

  • No Formal Team: DUKO does not have a formal team or roadmap, instead focusing on community engagement and unpredictability, reflecting the essence of meme culture.

Whalee AI

The fundamental analysis assistant for crypto value investors.

DUKO NEWS REPORT

Latest news

Want an analysis of DUKO? Tell us on discord.

Similar tokens

dogwifhat
dogwifhat
bonk1
Bonk
floki-inu
Floki Inu
sats
SATS
mew
cat in a dogs world
Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM