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DOGEKING: A Dogecoin Reflection Token
DOGEKING ($DOGEKING) is a typical Doge reflection token in the cryptocurrency world, launched on the Binance Smart Chain (BSC) at the end of 2021, inspired by the popular Dogecoin, aiming to allow holders to earn DOGE effortlessly.
In simple terms, every time someone buys or sells DOGEKING, a portion of the transaction tax (around 10%) is automatically distributed to all holders as dividends, but the dividends are paid in native Dogecoin, not its own token, which is quite unique and attracts many who want to passively acquire DOGE.
The total supply of the project is 1 quadrillion (1,000,000,000,000,000), with more than half destroyed or locked in liquidity, and a circulating supply of about 42%. It mainly trades on PancakeSwap, and the contract address is 0x641ec142e67ab213539815f67e4276975c2f8d50.
The community claims to be governed by DAO, but in reality, the activity level is average, with occasional updates on Telegram and Twitter, primarily for marketing purposes. In early 2022, riding the wave of Dogecoin popularity and the Spring Festival gala, the price surged temporarily but quickly fell back. Now (by the end of 2025), the price is around $0.000000004, with a market cap of several million dollars, low liquidity, and a 24-hour trading volume of only a few tens of thousands of dollars. At its peak, it was hundreds of times higher than now, but it is now essentially at a floor price, with fluctuations as minimal as stagnant water.
The advantage is that the reflection mechanism is interesting, with part of the tax used for marketing and liquidity; the downside is that it is a typical altcoin with little practical use, easily controlled by large holders, and has a high risk of going to zero in a bear market. Many people entered hoping to earn DOGE, only to see the token price plummet, with dividends being negligible.
Overall, DOGEKING is a small meme coin left over from the 2021 bull market, representing that wave of reflection and easy earnings. If you are itching to try a low-priced token, check the latest depth on DexScreener, and do small tests; there are many such dog kings in the crypto world, but the real king is still the original DOGE.