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A new cryptocurrency, Dogeliens (DOGET), is taking the cryptocurrency market by storm, even amid the current bear market. The bear market in 2022 continues to persist. As a result, the crypto community needs to devise workable solutions to diminish its effects.
Many crypto experts have earmarked a long-term crypto buying strategy as an ideal solution, which is garnering increased popularity. This is because investing in cryptocurrency for an extended period can counter the negative cryptocurrency prices and extreme market volatility presented by the current bear market.
Ethereum (ETH) and Bitcoin (BTC), the two largest cryptocurrencies by market cap, have been the biggest losers. However, thanks to Ethereum's (ETH) new upgrade, the cryptocurrency is gradually rebounding.
However, the crypto community also considers lesser-ranked altcoins like NEAR Protocol (NEAR) and newer cryptocurrencies like Dogeliens (DOGET) that have massive growth potential and can generate enormous returns over the long term and beyond the current bear market.
The crypto giant Ethereum (ETH), introduced smart contract technology to the crypto industry. Smart contracts currently power hundreds of dApps, DeFi projects, DAOs, and NFTs. This technology has also propelled Ethereum (ETH) to become the second-largest cryptocurrency, just after Bitcoin (BTC).
Ethereum (ETH) didn't stop there. The Ethereum blockchain has upgraded from its previous Proof-of-Work (PoW) consensus mechanism to a Proof-of-Stake (PoS) consensus mechanism. This upgrade will add more features to the crypto platform, including reduced gas fees and energy consumption and improved network efficiency.
Ether (ETH) holders can now stake their tokens to earn more rewards as validators while ensuring faster transaction speeds.
NEAR Protocol (NEAR) is a multichain PoS technology that prioritizes developer and user accessibility. Sharding technology is deployed in the NEAR Protocol (NEAR) ecosystem to address scalability concerns that older blockchains encounter—mostly caused by heavy traffic on these blockchains.
Innovative projects like the NEAR protocol (NEAR) tackle these issues by creating a completely new blockchain with a different architecture.
The most important feature of the NEAR Protocol's (NEAR) ecosystem is its usability for both developers and users. The ecosystem delivers easy onboarding and intuitive user interfaces to preserve its status as a "user-centric" platform.
This network is powered by its native token, NEAR, which also functions as a voting mechanism for community governance.
Dogeliens (DOGET) is an emerging meme currency with DeFi features that make it ideal for staking and earning. Dogeliens (DOGET) has recently sparked enthusiasm and anticipation in the cryptocurrency market and may prove to be a valuable asset in the current bear market.
Dogeliens (DOGET) plans to introduce its NFT platform among the crypto elite. As a result, the developers will offer hypercompetitive features on Dogeliens' Puptopia NFT markets, the Playpen, or the Pupstore and implement other utility measures.
Like many other NFT platforms, Dogeliens' Playpen enables users to create and mint NFTs from various digital assets. Playpen users may quickly link their newly created NFTs to smart contracts so they can easily earn payment for their work as soon as collectors buy them.
The second NFT trade hub on Dogeliens (DOGET), Pupstore, features already-minted NFTs. Any user can buy these, and like the NFTs from the Playpen, they are tradable.
Dogeliens (DOGET) is currently in stage two of its pre-sale, with the official launch of the ecosystem imminent. This presents an opportunity for interested buyers to purchase the cryptocurrency at its lowest price before its value skyrockets.
Dogeliens (DOGET), Ethereum (ETH), and NEAR Protocol (NEAR) aim to offer cryptocurrency market users potentially high-yield returns in the long run while navigating through the bear market.
Presale: buy.dogeliens.io
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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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.
