March 6th, 2023 at 9:11 am UTC · 4 min read
The global cryptocurrency market capitalization began trading in green once again after crashing from $1.11 trillion a week ago to $1.04 trillion. At the time of writing, the global crypto market cap had risen overnight by 1.69% to $1.08 trillion as the industry trades amidst concerns about harsh regulations from governments as well as the International Monetary Fund following the crash of FTX late last year and lawsuits against Binance USD (BUSD) and Kraken early this year.
Despite scepticism over the industry, cryptocurrency continues to be a growing medium among crypto users as currencies like Stack (STX) and Theta Network (THETA) posted rallies in the past few days while new meme coin entry Dogetti (DETI) has shown a promising outlook to become the next big coin in the meme token space.
Having entered the new year with a price of $0.2099, Stacks (STX) has soared by 330% since the beginning of 2023 to trade at $1.01 at the time of writing. Stacks had risen overnight by 17.02% while riding on a weekly rally of 54.43%.
Stacks’ massive surge comes after it became one of the first blockchains to enable a way for minting Bitcoin BTC Ordinals, thus putting it in an excellent position to benefit from the hype. However, experts suggest there are concerns about whether the bullish thesis becomes reality after taking into account previous failed attempts to use the Bitcoin blockchain for smart contract activity.
Theta Network (THETA), launched in 2019 is a blockchain-powered network purpose-built for video streaming. After posting a 7-day low of $1.12, Theta Network returned to green trading as it rose overnight by 2.56% continuing its weekly rally of 1.32%.
At the time of writing, Theta Network was trading at $1.19 with a market capitalization of $1.1 billion and a 24-hour trading volume of $23.9 million.
Dogetti (DETI) entered the crypto scene as a new dog-themed meme token on the Ethereum blockchain in early February with intentions of creating a close-knit family of DETI holders under a strong and united community of holders while shifting its users’ wealth into the Decentralized Finance (DeFi) ecosystem.
The project which is in the early stages of presale and has an exciting and unique ecosystem and tokenomics for its users thrives on values of transparency, trust, and longevity.
Now in stage 1 of its Initial Coin Offer, Dogetti has already raised $337,826 in presale tokens and is set to progress to stage 2 when it raises $500,000. Investing in presale tokens at a very early stage is a massive window of opportunity as it allows tokens to be purchased at a discounted price and offers heavy returns when the currency goes live on the market. A DETI token is currently priced at $0.00007 in stage 1 and would surge by 300% in stage 2 to $0.00029 and by 900% to $0.0007 in stage 5 when the currency goes live on the market. This essentially means, the longer the wait, the lower the returns are. Dogetti is all about giving, and has launched the bonus code ‘WISEGUY25’ that can be used to earn 25% of extra DETI tokens when the meme token goes live.
Dogetti’s ecosystem has been recognized as its flagship feature with DogettiNFT, DogettiSwap, and DogettiDAO. DogettiNFT allows users to adopt their very own Dogetti puppy, which can be used as a digital companion for trading. DogettiSwap can swap any ERC-20 token within seconds, where 2% will be redistributed to all Dogetti token holders, 2% will be added to the charity wallet, and 2% will be split between the liquidity and burn wallets.
DogettiDAO enables DETI holders to assume a sense of belonging, granted decision-making powers and authority to vote and decide on future courses of action regarding Dogetti’s ecosystem.
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