Dogecoin slumped 4%; nothing too bad, all told – even Bitcoin is down about 1% in the past day. But the $DOGE dip triggered a massive wave of liquidations – nearly $1.8M worth. A huge number of long positions were wiped out, knocking a cool $200M off the trading volume as traders took a second to catch their breath.

Bad news for $DOGE and the meme market? Maybe. But behind the scenes, Dogecoin is finding a new use, joining the ranks of cryptos used in corporate treasuries.

As $DOGE encounters ups and downs, one way to hedge against this is to focus on crypto presales. Investors gain a cushion against market slumps prior to the token launch – and the potential for attractive returns after. Other than digging through the context, we’ll also give you a few top presales to buy following Dogecoin’s 4% daily dip.

$DOGE Liquidations Hit Long-Term Positions Hard, Leave Short-Term Plays Unscathed

Dogecoin experienced a dramatic shake‑out early on July 2, resulting in over $1.85M in long‑position liquidations compared to just $52,750 on shorts.

The tipping point arrived after $DOGE briefly surged to around $0.167 on June 30, inviting a wave of leveraged long entries. But the rally turned sharply as prices tumbled approximately 4%, pulling the token down to the $0.158 range.

The moves demonstrate how fast the market can turn in crypto, especially with over‑leveraged speculation. With bearish pressure taking hold and long positions liquidated – violently – confidence has understandably weakened.

According to one analyst, there were 26 losing trades for every winning one.

As July unfolds, heightened volatility looks likely to continue. But all is not lost for $DOGE – there’s still bullish momentum beneath the service.

A Dogecoin Treasury? One Cannabis Company Says Yes

Is it really that surprising that a cannabis company – in this case, Cannabis Sativia, Inc. – would rebrand to Dogecoin Cash Inc.?

Probably not. The rebrand happened back in November of 2024; now, eight months later, the company is launching a wholly-owned subsidiary to further its focus on crypto.

Is Dogecoin Treasury all hot air, or is there genuine utility beneath the surface? Earlier in June, Dogecoin Cash Inc. had amassed roughly $6 million worth of $DOG tokens – a Dogecoin-inspired derivative coin on the BNB Chain.

Will those tokens be exchanged for $DOGE? That seems more than likely now. Whatever happens, the move identifies a broader trend of companies exploring meme coin treasuries.

If successful, Dogecoin Cash, Spirit Blockchain, and other companies building $DOGE treasuries could add a new facet to the crypto memecoin movement – and create a favorable environment for the right crypto presales moving forward.

1. Snorter Token ($SNORT) – Sniff, Snipe, Snag Top Solana Meme Coins with Snorter Bot

Snorter Token ($SNORT) helps holders find hidden meme coin gems straight from Telegram. $DOGE and other blue-chip memes might be great for treasuries, but investors looking for the biggest potential gains need to find emerging meme coins early.

The Snorter Bot gives traders all the tools they need to succeed. That means faster swaps, automatic sniping presets, protection from rugpulls and honeypots, and even advanced features like limit orders and copy trading.

Unlike competing Telegram bots, however, all of this comes with fees of just 0.85%.

The $SNORT token powers the bot, enabling exclusive access for holders. With the growing popularity of meme coins, it’s no surprise that the presale has already raised $1.4M+.

With tokens priced at $0.0969, there’s plenty of room for major growth post-launch if the meme market sector stays bullish.

Visit the Snorter Token ($SNORT) presale for more information.

2. TOKEN6900 ($T6900) – Pure Meme Coin Momentum

Utility? None. Memes? All of them. TOKEN6900 ($T6900) isn’t a product, exactly; there’s no special protocol, no long-term dev plan. Instead, it brings that mood and momentum that only the purest meme coins can capture.

The tokenomics reflect the crazy vibe that emanates from $T6900’s every pore. Up to 80% of the available token supply could go to the presale. Yet another 40% is reserved for marketing and 24.999993% is allocated for… dolphins??

The whole project is targeted squarely at die-hard meme coin traders willing to take risks for those huge potential gains. The TOKEN6900 presale has already raised over $92K, with tokens priced at a mere $0.0064.

If this lack of seriousness seems suspicious, just know the token has been audited by Coinsult and SolidProof, and ownership is renounced.

Visit the TOKEN6900 presale to learn more.

3. Dragon ($DDGN) – Fantasy-Inspired Play-to-Earn Token

Taking a page from Game of Thrones – and every other dragon-focused fantasy world – Dragoin ($DDGN) provides a Telegram-based gaming ecosystem.

Players earn Dragoin tokens through competitions, leaderboard ranking, and in-game achievements. The gameplay environment is seamless, too. Since it’s based on Telegram, there’s no need for an external app or download.

The tokenomics prioritizes the presale (50%), but allocates a further 30% for ecosystem development. The roadmap is clearly marked out, with a steady progression through the launch sequence.

Combining presale hype with a play-to-earn environment has already paid off for Dragoin; the presale has raised over $4M to date, with tokens currently priced at $0.0000776.

Will Dogecoin’s Treasury Moves Set Presales Up for Success?

Dogecoin’s sharp dip and the resulting wave of liquidations serve as a stark reminder of the risks tied to crypto trading. Yet beneath the surface volatility, $DOGE is quietly carving out new roles in corporate treasury strategies

This growing legitimacy, paired with the great upside potential of similar meme coins, points to the need for savvy investors to diversify. Crypto presales like $SNORT and $T6900 suit that need.

As always, do your own research before buying new tokens. This article isn’t financial advice.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.

Filed under: Bitcoin - @ July 2, 2025 10:25 am