Place/Date: - October 30th, 2022 at 8:38 pm UTC · 4 min read
Source: Doegliens Token (DOGET)
If you are a crypto enthusiast, you’ll know the current situation of its market. The bear market is on the rise and is the best time to purchase tokens at their lowest lows. As this financial market is volatile, there’s a high chance of recovery in a year. So, a long-term hold can be a beneficial move. If you want to fill up your portfolio with coins before the end of 2022, you might as well consider the three tokens mentioned in this article. Internet Computer (ICT) is the future backbone of Web 3.0, while FTX Token is the native currency of one of the biggest exchanges. Lastly, Dogeliens Token (DOGET) is currently in presale but is building a community. Let’s have a brief look at these coins.
Internet Computer (ICT) is the World Computer of the blockchain networks on which anyone can create an online system without the need for traditional cloud computing setups. It provides end-to-end decentralization, meaning complete privacy without any chance of hacking whatsoever. ICP has held its value mainly because it uses “cycles” as a source to power its blockchain. And for every cycle, the tokens are burned, which causes deflation.
Also, it allows users to participate in Web3 services. The Internet Computer (ICP) runs on computing devices called node machines. They have these special machines at different node providers and are connected through the ICP network. NFTs, Games, Defi, and Metaverse are a few projects currently hosted on the ICP ecosystem.
FTX Token (FTT) is the native cryptocurrency of the FTX exchange, one of the largest emerging exchanges in the world. The creators of FTX were traders who faced issues in future trading, so they decided to create a platform free from those problems. It now has the features of Clawback prevention, a centralized collateral pool, and stablecoin settlement.
The FTT is an ERC-20 token that is used by exchange members for discounts on trading fees and for transactions on the platform. FTX also allows leveraged tokens, which saves traders from margin trading as they can directly buy leveraged tokens. FTT was given as a reward on transactions but is not used as the fee for creating leveraged tokens, buyback and burning tokens, and more.
Doegliens Token (DOGET) is by nature a meme coin but with utilities far better than a typical meme coin. DOGET network is working on Metaverse to provide games and educational content to users. DOGET is used as a transaction method throughout the ecosystem. Dogeliens Token (DOGET) mainly has three ecosystems; The Spaceship, where the holders come together to form a strong community and will have the right to make future decisions. Next is the University of Barkingston, which educates the masses about cryptocurrency projects and the Metaverse. Lastly, it has the Dogeliens Token (DOGET) Pupstore from where the community members can buy the merch to show support.
DOGET is currently in the very first phase of presale as it has only raised $40k till now and is rising. To buy DOGET tokens, follow these steps:
DOGET is a fun cryptocurrency jumping into the hype of meme coins. It also plans to create an Army of 10,000 NFTs. By holding DOGET, you can earn member-only rewards and access to future incentives and events. If you buy DOGET tokens with BNB, you are eligible for a 22% bonus reflected immediately in your crypto wallet. You’ll also get a 45% bonus on your 1st purchase within 10 minutes of registration. The network is also offering 75%, 100%, and 125% bonuses on 2nd, 3rd, and 4th purchases respectively.
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