Dogetti (DETI) has been around for less than a month, yet managed to establish itself as one of the top crypto presales of 2023! The DeFi token has received an extremely positive response to its fresh approach to the meme coin sphere. DETI is best known for its decision to double down on its community attention which is the main reason it stands as a threat to other meme coins. The team also refers to the DETI community "The Family" which reflects in their mascot through the dogs dressed like the mob.
DETI also separates itself from other popular meme coins by offering the market a great list of utilities, including their exchange app, DogettiSwap, and NFT collection. DogettiSwap is a siteswap similar to PancakeSwap, that lets you buy and sell tokens for a small fee of 6%. The team has also decided to include a reflection reward system that distributes 2% of all fees back into user accounts merely for holding tokens.
The latest updates with the meme coin include the launch of its very own smart contract and limited launch code! The smart contract is an exciting step that works towards turning DETI into an established crypto token that investors can use to potentially make millions. The best part is that while DETI is growing rapidly, it's still selling at the dirt cheap price of $0.0007, and with the launch code WISEGUY25, users are awarded an additional 25% off all DETI tokens.
Crypto has experienced a positive run in the first few weeks of 2023. The markets saw a steady rally which was a relief following the FTX crisis. However, now we are faced with a new set of concerns about liquidity and risk in regard to the latest Silvergate news.
On Friday, many crypto coins and tokens took a steep plunge as investors considered the Silvergate Capital losses and what the likelihood of insolvency at the bank could mean for the wider crypto market. Many crypto giants, such as Coinbase, Galaxy Digital, Circle, Paxos, and Bitstamp stated they intend to no longer accept or initiate payments to or from Silvergrate. This has become a serious problem because Silvergate was the predominant bank for crypto businesses. To make matters worse, on Wednesday, Silvergate announced they may be unable to file their annual report for another year.
Clara Medalie, director of research at Kaiko, has stated that "The bearish turn could certainly be a delayed reaction to Silvergate's ongoing issues." and "Many large exchanges and market makers partner with Silvergate for fast transactions between entities, and any halt inactivity could have an impact on global crypto liquidity."
Coin Metrics has informed the public that ETH and BTC have fallen about 5% and shares of SIlvergate have dipped by 57%.
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_
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