The cryptocurrency market has descended into what most crypto enthusiasts call a crypto winter. This generally refers to a long period where nothing solid sends prices back up, and it may take a while to see a bear market. This is a result of the several crashes this year and the dwindling investor confidence in the landscape. However, for users with long-term goals to profit in the market, it would be smart to average their dollar cost into their favorite cryptocurrencies and new projects in the hopes of a price pump.
Dogeliens (DOGET) is a new meme coin project that has gathered some traction, especially after the Dogecoin (DOGE) hype of some weeks back. It appeared as an underpriced form of Dogecoin, and users quickly bought into its narrative and started accumulating the token on the presale. Although presale tokens like this always seem like they are underground and only a few people have the opportunity to buy them, the truth is most people need to pay more attention in order to find promising coins, just like the Dogeliens token, DOGET. It is usually regrettable for many people to see the token they ignored becoming huge and missing out on some profit.
Cardano (ADA) has also proven itself in the market over the past few months, but its growth has yet to be reflected in the token price. However, it could be a good plan to accumulate ADA as we move towards a bull market as it is showing potential to make its community and investors some gains.
Cardano (ADA): “Ethereum Killer” Still Growing
Cardano (ADA) is a third-generation blockchain network launched by Charles Hoskinson via Input Output Global, a tech company specializing in engineering and research in fintech blockchain. Cardano broke out as a promising network and earned the title, Ethereum Killer, because, at the time, users were desperate for an alternative to Ethereum. However, Cardano had some shortcomings that were later improved on. Its smart contract update was probably the best update it had at the time; the update brought Cardano to the top of the market as users discovered that it could be a real competitor to Ethereum after the upgrade.
Cardano has not posed much significance in the DeFi and NFT landscapes, but there’s a potential to be huge. There are plans to launch a stablecoin on Cardano and other promising utilities. The launch date for Cardano’s new algorithmic stablecoin was disclosed at Cardano Summit recently by Shahaf Bar-Geffen, CEO of COTI, a stablecoin development business.
The stablecoin called DJED will be backed and overcollateralized by ADA and SHEN, the reserve token for the smart contract. The DJED coin is reported to go live in January 2023 following a successful audit.
Dogeliens (DOGET): A New Type of Meme Coin
Dogeliens is a new meme coin token launching as another iteration of the famous dog meme. Unlike many iterations of meme coins, DOGET has gained traction and is on track to be the next big meme coin in the market. The market always expects one explosive price pump from meme coins. Moreso, Dogecoin (DOGE) and Shiba Inu (SHIB) are overpriced for an explosive price pump, and it has led meme coin lovers to find Dogeliens. The meme coin is still on presale and currently sells below market price; this makes it a perfect time to accumulate the meme coin and push for that pump.
Meme coins are known for their propensity to create wealth for their holders, and it’s not just a price pump. Shiba Inu has set a precedent for meme coins to use DeFi as a wealth-creating tool. Dogeliens aims to create innovative DeFi features to create value for the community and would translate to rewards for everyone in the community. In addition, the project would be creating utilities around NFTs and gaming to promote community culture and build wealth simultaneously.
Also, Dogeliens is a community-governed project, and holders will feel like stakeholders in the project because they get to contribute to decisions that can help the community grow. Dogeliens presale is still selling out at record speed, join here now or follow the links below!
Presale: https://buy.dogeliens.io
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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