Top 3 Cryptocurrencies for Q3, 2022 – Dogecoin, Avalanche, and Monero

Top 3 Cryptocurrencies for Q3, 2022 – Dogecoin, Avalanche, and Monero
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Despite Bitcoin's (BTC) pioneering role in the development of digital assets as a decentralized payment mechanism, meme currencies now appear to be dominating the market. Dogs like in Shiba Inu (SHIB) and apes in Apecoin (APE) are just two examples of adorable animals employed as mascots in cryptocurrencies today, demonstrating that digital currency is not always severe and profound.

If you are curious about a cryptocurrency that has the potential to outperform Monero (XMR) and Avalanche (AVAX), Dogeliens (DOGET) may be the best option. Continue reading to find out how Dogeliens (DOGET) could perform in the last three months of 2022.

Monero (XMR) Works To Keep The Competition Active

In terms of maintaining users' anonymity, the cryptocurrency known as Monero (XMR) is now the most preferred option.  The privacy and anonymity concept serves as the basis for everything that follows, and it is developed atop it. Digital currencies can be utilized with these blockchains, as they can be used to record and verify every transaction made across a network.

The goal of the Monero (XMR) blockchain is to protect the privacy of its users. It is possible to encrypt transaction data, such as the sender and recipient's identities and the value of each transaction, by employing private keys based on the addresses being utilized.

Monero is a form of cryptocurrency that uses a decentralized ledger to record transactions. The functionality it provides can assist traders in making the most of the opportunities presented by cryptocurrencies. For instance, the Monero Research Lab (MRL) makes it easier for specialists in the cryptography industry to communicate with one another and coordinate their work.

Avalanche (AVAX) Scales The Crypto Table

Developers interested in creating fast, scalable decentralized applications can use the Avalanche smart contracts framework. All network transactions, including staking, exchanging tokens, and paying fees, are conducted with the network's native token, AVAX.

With the use of an incentive-based program, the Avalanche Foundation encourages software developers to create applications using the platform's scaling solution, known as subnets. The program's primary objective is to increase the number of adoption subnets.

CoinLedger, a cryptocurrency tax program, recently announced that it would be integrating with the Avalanche network. A move like this would make it possible for people who own AVAX Tokens and use CoinLedger to take advantage of the automatic tax reporting feature. Users only need to enter their public address and give CoinLedger permission to import their transactions.

Dogeliens (DOGET) Raises The Standard Of Meme Coins

Dogeliens, also known as DOGET, is a form of meme token that has a number of unique capabilities. In this defi system, participants stake and earn cryptocurrencies in a P2P network.

This meme coin not only features adorable alien dogs as mascots, but it also comes with a set of tools that investors can use to hone their skills in the cryptocurrency market. It offers educational material based on blockchain technology to assist newcomers to crypto and Defi in keeping their perspective and expanding their understanding of the subject.

The Dogeliens platform now serves as the host for an internal NFT marketplace. At this market, you may get your paws on anything from Dogelien Puppies to wicked doggie accessories. Puptopia can be accessed once a Dogelien Pup has been purchased and then customized to reflect the user's tastes.

Puptopia is full of fascinating activities, and members can choose from a wide range of options. Explore the Dogeliens network right away!

Dogeliens (DOGET)

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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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