Place/Date: - October 23rd, 2022 at 1:23 pm UTC · 4 min read
The success of cryptocurrencies has paved the way for new and innovative blockchain-based assets in the financial services market, especially the likes of meme coins which are cryptocurrencies inspired by a meme. These assets offer the same functionality to an investor as any regular cryptocurrency and their value fluctuates with their popularity on social media. With advancements in blockchain technology, innovators are coming up with meme coins that have practical use cases too, thereby leaving investors spoilt for choice.
If you are struggling with the choice between regular cryptocurrencies and meme coins, you can always research some of the top names like Dogeliens (DOGET), The Sandbox (SAND), and Cosmos (ATOM) and then make an informed decision. Here’s a look at some of the key features of the three cryptocurrencies.
Dogeliens is a meme coin that has been creating a lot of buzz in the cryptocurrency market with its niche features and unique use case. The meme coin draws inspiration from the intergalactic species of dog aliens who live on a planet called Puptopia.
The Dogeliens team hopes to cash in on the success of popular meme coins like Dogecoin and Shiba Inu while going beyond its cutting-edge features and investor-friendly strategies. It also has a native token, DOGET, which is the primary cryptocurrency to be used on the network. The token will be used for all kinds of transactional purposes on the platform like staking, token swapping, and liquidity pool provisioning, among others.
The open-source platform will enable users to stake, purchase and sell tokens and currencies without any interference from third-party institutions. Buyers will be able to transact securely and anonymously at cost-effective rates. The other key features that Dogeliens has rolled out for its users include the University of Barkington where users can enroll in specialized courses on blockchain technology and cryptocurrencies.
Users can look forward to fun video content and articles to learn about these subjects in a fun and interactive way. The platform will be setting aside 3% of what it makes from every transaction for its charity wallet. Every month’s end, the Dogeliens community would vote to select a charity that will receive the money raised throughout the month.
The Sandbox is a play-to-earn platform where users can play blockchain-based games in different avatars and win tokens and NFTs as rewards. The community-driven platform allows its users to monetize their voxel assets while creating new gaming experiences. The platform’s native token SAND is the primary cryptocurrency for the network and is used for all kinds of transactional purposes. Recently, CryptoStache announced a funded proposal for building assets for The Sandbox and invited developers to pitch ideas for creating games on the theme of secret agents.
Cosmos is an interconnected ecosystem that facilitates the seamless transfer of data and assets via the Interconnected Blockchain (IBC) protocol. It has rolled out a native token called ATOM which is used for staking, earning rewards, and payment of fees, among other transactional uses on the network. A recent Bloomberg report claimed that Cosmos was among the only two proof-of-stake blockchains to outdo Ethereum in terms of staking yields. The other blockchain to outperform Ethereum was Polkadot.
Dogeliens, The Sandbox, and Cosmos check all the right boxes when it comes to investors’ interest, but if you are looking for an option with long-term growth potential then Dogeliens is where you should put your many. The meme coin has been getting rave reviews from cryptocurrency analysts and is expected to cross potentially 100x returns in no time.
Learn more about Dogeliens (DOGET): Presale, Website, Telegram.
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.