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Can Dogeliens Become As Big As Ethereum?

IndustryTrends

Ethereum (ETH) is one of the biggest and most influential cryptocurrencies in the market. Its native token, ETH, is ranked second by market capitalisation, making it the second-largest crypto. Similarly, the Ethereum blockchain is the biggest in the world. During its time, Ethereum has seen huge success, and it seems like Ethereum is likely to keep its high position for many years to come. With the release of the new crypto project, Dogeliens (DOGET), coming soon, can it become as big as Ethereum?

Ethereum Is Here For The Long Run

Ethereum launched in 2015 as a decentralised, open-source blockchain. Its native token, ETH, works as a platform for other cryptocurrencies and the execution of decentralised smart contracts.

Ethereum is primarily known for its use of smart contract technology, as it is one of Ethereum's biggest features. Pioneering this new concept, Ethereum essentially found a way to remove the need for third-party involvement in handling crypto. Taking decentralisation one step further, Ethereum did big things for the general crypto market through this.

Whilst Ethereum is not perfect due to its slow transaction speeds and high gas fees at times of high volumes of traffic, Ethereum seems to be hard to replace. Cardano (ADA) and Solana (SOL) have been dubbed 'Ethereum-killers', but the likelihood of these coins replacing Ethereum seems small.

Earlier this year, the Ethereum merge happened, which meant it was now consuming less energy. As energy consumption is a major issue in the crypto world, Ethereum has found a way to become more sustainable and scalable. This was a huge milestone for the crypto market, stabilising Ethereum as a crypto project even further.

Can Dogeliens Challenge Ethereum?

Dogeliens is a new crypto project that is set to enter the market in the upcoming months. Whilst it is very different to Ethereum in the sense that it is a meme coin, it seems as if Dogeliens may be able to make a mark in the crypto market just as Ethereum did. This is because Dogeliens is not the typical meme coin but instead aims to develop a large ecosystem that helps shape the future of the market.

For example, Dogeliens aims to embrace the Metaverse with its platform to provide a fun and enjoyable platform for its users but also uses this to help educate its users about crypto. Similar to Ethereum, Dogeliens looks past itself as a crypto project, and aims to do better for the whole crypto space. One of the main reasons why many people do not use crypto is because they do not have enough knowledge about it. Dogeliens aims to change this by educating users about everything there is to know.

Additionally, Dogeliens will be expanding to NFTs and focusing on decentralisation to make it the best project it possibly can be. With something to offer to users with different interests, it seems as if Dogeliens has the potential to become as big as Ethereum and truly make a mark in the market.

Learn more about Dogeliens with the links below:

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