Dogeliens Could Be A Great Buy Ahead of 2023, Alongside Ethereum and Stacks

Dogeliens Could Be A Great Buy Ahead of 2023, Alongside Ethereum and Stacks
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Great projects yield huge returns during favourable market conditions. The coming year has been dubbed the "recovery year," as experts predict many crypto assets will recover from their recent decline. The new projects are also billed for a great run, and many crypto enthusiasts look prepared for the anticipated period of price pumps.

The buzzing new cryptocurrency, Dogeliens (DOGET), and existing altcoins — Ethereum (ETH) and Stacks (STX) are great options to consider. Dogeliens have been considered a huge prospect for high-yielding profit. The new meme coin on presale has a high tendency of making an excellent run when it finally launches on crypto exchanges. Hence, now is the best time to purchase for optimum profitability.

Ethereum (ETH)

Ethereum recently completed a new upgrade called "The Merge." The network's original mianner merges with the Beacon chain, an independent proof-of-stake blockchain, to exist as a single chain. This implies that Ethereum has completely transitioned to the energy-efficient and environment-friendly proof-of-stake consensus.

The Merge has seen the largest smart contract platform increase in adoption. Ethereum has witnessed many blockchains rising to challenge its dominance. While all of them haven't been able to break the network's dominance, the need to work on its loopholes is heightened. This is why "THE merge" occurred, as it's the first upgrade, preceding others.

Ethereum hosts many dApps and cryptocurrencies in the market. It is the second-largest cryptocurrency by market capitalization and one of the most used crypto assets and networks. The cryptocurrency has served as a store of value for many investors, bringing maximum yield for holders during the last bull rally. The crypto asset has, however, suffered about a 68% decline from its peak price.

Despite the price fall, experts believe Ethereum (ETH) is one of the must-have crypto assets due to its great recovery record. The crypto asset would try to keep this up in the coming year, with a high probability of a great run.

Stacks (STX)

Stacks (STX) is a decentralized network that aims to help users benefit from Bitcoin's full potential. The layer-1 blockchain brings DeFi, NFTs, smart contracts, and dApps to Bitcoin (BTC) while providing users with a new way to earn the top cryptocurrency. The platform connects with Bitcoin leveraging proof-of-transfer consensus, eliminating the need for a fork or changing the Bitcoin chain.

Stacks (STX) is the platform's main token. Users can stack it to earn Bitcoin (BTC), and miners also pay BTC to mint new Stacks (STX). It keeps the platform functional and secure. Stacks (STX) is another crypto asset looking to have a great run in the coming year. Analysts have tipped it to cross the $1 mark and rally toward its initial all-time high of about $3+.

Dogeliens (DOGET)

Dogeliens (DOGET) is the new meme coin taking over the crypto space. The dog-theme token will be the latest addition to the Doge ecosystem in the coming months, but it aims to stand out from existing meme coins in the space.

Dogeliens will feature its virtual plannet called the Puptopia. The Dogeliens token (DOGET) will function in metaverse space (Puptopia), where users will leverage it to mint Dogeliens NFTs.

Doglien users can also carry out other activities in the virtual space and earn in-game tokens, which can be exchanged for me tokens at the NFT marketplace. Dogeliens token (DOGET) can also be staked for reward and leverage for voting rights in the crypto asset's governing protocol.

Although transactions on Dogeliens are tasked, 3% of this tax goes to charity. The charity to fund weekly is part of the deliberations members of the Dogeliens democratized governing body can vote on.

Dogeliens is now at its first presale stage, selling at a low price. It's a great point of entry to enjoy maximum benefits when it eventually launches to the moon.

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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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