Cryptocurrency

Can Dogeliens Make Crypto Enthusiasts Drop Ethereum Classic And Monero Out Of Their Portfolios?

Market Trends

Dogeliens Token (DOGET) is currently smashing through its presale pages. The meme token has a promising ecosystem and a great roadmap to follow.

The platform is set to knock out Ethereum Classic (ETC) and Monero (XMR)! Is that true? Let's check out defining attributes of all three.

Ethereum Classic – The New Ethereum!

Ethereum Classic (ETC) is an open-source, blockchain-based platform employing smart contract utilities. ETC is a hard fork of Ethereum, which uses smart contracts. The platform was founded due to a hack of smart contracts operating on the Ethereum blockchain. The ETC platform is maintained and run by a group of miners who intend to apply different development plans for the blockchain.

What Makes ETC Unique?

As already mentioned, ETC is a voluntary organization run by a group of miners. The developers of ETC do not intend to turn it into a sole profit-based entity. ETC employs a proof-of-work (PoW) algorithm where users pay transaction fees, and miners collect them based on work. ETC has no plans to convert to a proof-of-stake (PoS) mining algorithm, where multiple developers continue to work on improvements like scaling solutions.

Monero – The Privacy Token!

Monero (XMR) is a cryptocurrency that intends to allow private and anonymous transactions. For many top cryptocurrencies, it was thought they could conceal a sender's identity. Still, it's often easy to trace the money back to the source as blockchains are transparent. On the contrary, XMR is fashioned to hide senders and recipients through modern cryptography.

What Makes XMR Unique?

XMR aims to achieve the highest level of decentralization possible; in other words, with XMR, a user doesn't need to trust anyone else on the platform. Tokens, including Bitcoin, has their serial number, which helps monitor their usage, while XMR is entirely fungible. In the case of XMR, by default, details about users, recipients, and the amount of crypto being transferred are obscured, making XMR transactions ultimately private and anonymous.

Dogeliens Token – The New Dog-themed Meme Token!

The new member of dog-inspired meme house Dogeliens Token (DOGET) is all ready to kick start its journey, which could lead to success in the long run. DOGET intends to be far more than just a meme token. It plans to bring real-life utilities besides the fun part, which is the feature that makes it a step ahead of other meme tokens. DOGET will be the platform's native token that could be used for monetary purposes, such as staking, money transfers, earning rewards, trading NFTs, etc.

Highlights Of DOGET

With a total of 25B DOGET in circulation, 30% will be given for sale in presale, 35% will be reserved for game development, and the rest of 80% for material at the University of Barkington, the presence of token in abundance proves that the idea is genuine and not just a joke. The platform will have a proportional voting system, where users can cast polls on important decisions, ending the abuse of power by authority. Also, the platform will conduct ballots for any charity of its choosing.

How To Get DOGET?

As mentioned, DOGET is out for its presale. Currently, the dog-themed token is at the 1st stage of the presale, where 1 USDT can get you 1000 DOGET tokens. If you want to grab some DOGET, now is a perfect opportunity. They won't be as low once the stage ends. Use your crypto wallet to purchase your share of DOGETs from their official presale page. The hype surrounding this endeavor indicates that it is not to be overlooked. Dogeliens (DOGET) is a potent cryptocurrency, and this is undoubtedly the best time to be a part of its community.

Moreover, the platform offers attractive bonuses for those who purchase it in presale. For every presale purchase of $250, you can get 3% extra DOGET tokens. You can also have 10% DOGET after purchasing tokens in the 1st presale stage. Likewise, the purchases in the second phase of presale will get you 75% extra tokens.

To learn more about Dogeliens Token (DOGET), you can visit the following links:

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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