The crypto industry finds itself steadily bouncing back from a series of catastrophic dips that have seen the likes of Bitcoin and Ethereum devalue by as much as 80% in the last year. The crypto industry finds itself subject to the changing landscape of the global markets that find themselves in a state of free fall. The War in Ukraine, an energy crisis and a cost-of-living diaspora have all contributed to the lack of confidence we’ve seen in crypto. While many inferior cryptocurrencies will likely fall into total obscurity, those that have firmed up a strong community base and utility will survive, and inevitably take a larger part of the remaining pie.
We’re going to take a look at three tokens and their trajectories so as to give you a better and clearer picture of which is the best horse to back. Dogeliens (DOGET) is an exciting new meme coin that places education around crypto and blockchain at its centre. This token takes the aesthetic of a galactic canine exploring the farthest galaxies, bringing back its wealth of knowledge to earth. The team behind this exciting project place community, education, and charity as tantamount to their practice and ethos. A democratic voting process will allow its growing community to decide where funds are allocated, with the addition of a charity wallet which will weekly be deposited to a charity of their collective choice. There is a gaping educational hole around the current crypto industry and its subsidiary projects such as NFT’s and Dogeliens (DOGET) hopes to fill this. An online portal for video workshops and forums will provide a valuable resource. As the project grows the community will be encouraged to feedback on areas of interest that they’d like to explore. Currently in its presale, this is the best time to strike before the crypto community clamber for it.
Taking its lead from the likes of popular meme tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB), Dogeliens takes a fun and comical cartoon aesthetic but surrounds it with an ever-improving series of utilities. This creative corner of crypto is one of the many reasons the legacy financial sector appears old, archaic, and stale. Emerging millennials and Generation Z are engaging with these coins in ways that feel appropriate and reflective of a social media saturated world that communicates at lightning speed in ways that both combine linguistic and pictorial hieroglyphs for maximum understanding and comic effect.
Ethereum (ETH) has been causing a stir recently, in stark contrast to the shaky first half of 2022, as it shifted effortlessly from the proof of work to proof of stake mechanism. This shift has allowed Ethereum (ETH) to scale while allowing increased transaction speeds to facilitate its use. The reduction in energy use because of this change totals 99%, something the current global situation demands. Many have shown their disdain for the change, perceiving a move away from autonomy and decentralisation.
Indisputably the most popular altcoin, its software engine acts as a network for which other cryptocurrencies can build. In the same way that Amazon expanded out to Amazon Services, providing a domain for under the bonnet business, Ethereum (ETH) looks to be doing something similar with an ever-increasing proliferation into all aspects of cryptocurrency. It feels almost inevitable that the word Ethereum will become synonymous with crypto, leaving the competition in its long cold shadow.
Check the links below for more on this exciting prospect.
Dogeliens (DOGET)
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.