Doge Eat Doge PriceOMNOMInactive

What is Doge Eat Doge (OMNOM)?

Doge Eat Doge (OMNOM) is a community-owned meme token built on Dogechain, an EVM-compatible blockchain. It positions itself as the first meme token native to Dogechain and is also referred to as the "Shiba killer." The project's narrative centers on fighting back against Shiba Inu (SHIB), an ERC20 meme token that was originally created to rival Dogecoin. OMNOM's stated mission is to "get the first meme token on Dogechain to eat SHIB."

The token launched in 2022, with a start date of August 18, 2022, and operates on Dogechain, which is built using the Polygon SDK to create an efficient connection between Dogecoin (DOGE) and Web3. OMNOM has a total and max supply of 1,000,000,000,000,000 tokens, with approximately 310 trillion tokens in circulating supply, representing 31% of the total. The remaining 69% was burned to Vitalik Buterin's wallet on Dogechain during the initial launch.

Key Specifications & Tokenomics

• Name: Doge Eat Doge
• Ticker/Symbol: OMNOM
• Blockchain / Platform: Dogechain (EVM-compatible)
• Consensus Mechanism: Proof of Stake (PoS) on Dogechain
• Category: Meme Token, Animal Memes
• Total Supply: 1,000,000,000,000,000 OMNOM
• Max Supply: 1,000,000,000,000,000 OMNOM
• Circulating Supply: Approximately 310,000,000,000,000 OMNOM (31% of total supply)
• Supply Burned: 69% burned to Vitalik Buterin's wallet on Dogechain
• Pool Allocation: 31% added to a pool on DogeSwap
• CertiK Rating: 3.4
• Launch Date: August 18, 2022
• Official Website: https://omnomtoken.dog/
• Block Explorer: explorer.dogechain.dog

Who created Doge Eat Doge?

Detailed public information about the founding team behind Doge Eat Doge is currently limited. The project is described as a community-owned memecoin on Dogechain, suggesting a decentralized and community-driven development approach rather than a traditional corporate structure. The token's creation was motivated as a response to Shiba Inu (SHIB), with the stated goal of establishing the first meme token on Dogechain to compete with SHIB. The project maintains a presence on social media platforms including Twitter, Telegram, Reddit, and Discord, where community members coordinate and engage.

How does Doge Eat Doge work?

Doge Eat Doge operates as a meme token on Dogechain, an EVM-compatible blockchain built using the Polygon SDK. Dogechain is designed to create an efficient connection between Dogecoin (DOGE) and Web3, allowing DOGE holders to port their DOGE into a blockchain with more possibilities. The chain runs on a Proof of Stake (PoS) consensus algorithm, offering a scalable, fast, and cheap blockchain environment.

During the initial launch of OMNOM, 69% of the total supply was burned to Vitalik Buterin's wallet on Dogechain, while 31% was added to a pool on DogeSwap. This distribution model significantly reduced the circulating supply and concentrated liquidity in a decentralized exchange pool. Dogechain's infrastructure allows developers to build DeFi, GameFi, NFT platforms, and other decentralized applications using DOGE as part of its core economic system. Because Dogechain is EVM-compatible, developers from Ethereum and other EVM blockchains can easily build new applications or bridge existing ones without changing their original code.

What makes Doge Eat Doge unique and valuable?

Doge Eat Doge distinguishes itself through its positioning as the first meme token on Dogechain and its narrative as the "Shiba killer." The project frames itself as a direct response to Shiba Inu (SHIB), which was originally created as an ERC20 meme token designed to rival Dogecoin. By launching on Dogechain rather than Ethereum, OMNOM aligns itself with the Dogecoin community and leverages Dogechain's EVM compatibility and PoS consensus for faster and cheaper transactions.

The token's tokenomics are notable for the burn of 69% of supply to Vitalik Buterin's wallet, a move that permanently removed a majority of tokens from circulation. The remaining 31% was allocated to a DogeSwap pool, providing initial liquidity. As a community-owned memecoin, OMNOM's value proposition is primarily driven by its community, meme narrative, and association with the broader Dogecoin ecosystem rather than fundamental utility or revenue-generating mechanisms.

What is Doge Eat Doge used for?

Doge Eat Doge primarily functions as a meme token and community asset on Dogechain. Its main uses include community engagement and participation within the Dogechain ecosystem. The token can be traded on various platforms, with 18 active markets reported. It may also be available for swapping via Crypto.com Onchain, the platform's official decentralized product.

Within the broader Dogechain ecosystem, wrapped DOGE (wDOGE) serves additional functions such as blockchain governance, payment of transaction fees, and utility on Web3 platforms. While OMNOM itself does not have described utility beyond its meme and community functions, its presence on Dogechain positions it within a network that supports DeFi, GameFi, and NFT applications. The token's primary value to holders is participation in the meme coin community and potential speculative trading.

How Is the Doge Eat Doge ecosystem developing?

The Doge Eat Doge ecosystem is centered on Dogechain and its associated platforms. The primary ecosystem component is DogeSwap, where 31% of the OMNOM supply was added to a liquidity pool during launch. Dogechain itself presents developers with a platform to build DeFi, GameFi, NFT platforms, and other decentralized applications with DOGE as part of its core economic system.

The Dogechain community hopes to build high-quality NFT, DeFi, and Web3 platforms while maintaining the core characteristics of the original DOGE community. OMNOM may be available for swapping via Crypto.com Onchain. The project maintains a presence across multiple social media platforms including Twitter, Telegram, Reddit, and Discord, where community members engage and coordinate. Educational content about purchasing OMNOM is also available on platforms such as YouTube. The ecosystem remains in an early stage of development with a focus on community building and meme culture.

How to mine Doge Eat Doge?

Doge Eat Doge is not mined through traditional proof-of-work mining. The token exists on Dogechain, which operates on a Proof of Stake (PoS) consensus algorithm. This means that network security and transaction validation are handled by validators who stake tokens rather than miners competing to solve computational puzzles.

For OMNOM specifically, there is no described mining or staking mechanism for earning the token. The entire supply was created at launch, with 69% burned and 31% added to a DogeSwap pool. Holders can potentially earn returns by providing liquidity to decentralized exchange pools, though this involves risks such as impermanent loss. The token is primarily acquired through trading on supported platforms rather than through mining or staking rewards.

How to keep your Doge Eat Doge Coin safe?

Keeping OMNOM tokens safe requires standard cryptocurrency security practices. Since OMNOM exists on Dogechain, holders should use compatible wallets that support the Dogechain network. Hardware wallets provide the highest level of security by keeping private keys offline and protected from online threats.

Users should always verify contract addresses before interacting with any token and be cautious of phishing attempts and fake tokens. The CertiK rating of 3.4 suggests that additional due diligence is warranted when interacting with the project's smart contracts. Given the low liquidity observed on some platforms, with 24-hour trading volumes as low as $1.25 on certain sources, holders should be aware of potential slippage and difficulty in executing trades. As with all meme tokens, OMNOM carries significant risk including extreme price volatility, with a one-year price change of -98.45% reported and an all-time high drawdown of -99.91%. Never invest more than you can afford to lose, and consider using multiple wallets to separate long-term holdings from active trading funds.