The cryptocurrency market is one of the most popular, yet mysterious areas of finance. It is also one that has seen exponential growth over the past few years. In fact, in 2017 alone, the market cap for major cryptocurrencies jumped from $17 billion to an all-time high of $407 billion, making it easy to forget where we came from. Now, with an annual market cap of nearly $1 trillion and thousands of cryptocurrencies in existence, including Pancake Swap (CAKE) and Apecoin (APE) — not to mention those scheduled for release such as Dogeliens (DOGET) — cryptocurrencies have made peer-to-peer transactions easier and safer.
Dogeliens (DOGET)
Preparing for its presale and launch, Dogeliens is a new-developed decentralized platform built on the Binance Smart Chain (BSC) for the users, holders, and buyers of its native token, Dogeliens (DOGET).
3% of all transactions made on the Dogeliens ecosystem will be added to the platform’s charity
wallet which will be sent to charities at the end of every month after the users in the community take votes.
Dogeliens aims to be involved in Metaverse, peer-to-environment gaming by creating P2E games, the NFT environment by allowing Dogelien (DOGET) holders to mint Dogelien NFTs, GameFi, and teaching users about the blockchain technology, NFTs and DeFi.
Pancake Swap (CAKE)
Launched in September 2020 by anonymous developers, Pancake Swap (CAKE) is a leading Decentralized Exchange (DEX) meme coin built on the Binance Smart Chain (BSC) for swapping BEP-20 tokens on the BSC.
The Pancake Swap platform is a Decentralized Finance (DeFi) application that serves as an Automated Market Maker (AMM), allowing users to exchange tokens, stake Liquidity Provider (LP) tokens to earn CAKE tokens, stake CAKE to earn tokens of other projects, stake CAKE to earn more CAKE tokens, trade against a liquidity pool via farming and earn transactions fees in return.
The purpose of Pancake Tokens is to create a decentralized exchange for Pancake (CAKE) tokens and other digital assets such as cryptocurrencies, collectibles, real estate, and intellectual property. Pancake (CAKE) tokens allow people from all over the world to easily exchange their digital assets without needing third parties like banks or governments involved.
ApeCoin (APE)
Apecoin (APE) is the world’s leading Ethereum-based token. Inspired by Yuga Labs’ Bored Ape Yacht Club project, ApeCoin is a decentralized project in the Ape Ecosystem. The project’s open-currency native token, ApeCoin (APE), is an ERC-20 utility and governance token that was created to be used within the ApeCoin DAO. The ApeCoin (APE) was launched on the Ethereum blockchain and is secured by the Ethereum Proof-of-Work (PoW) mechanism.
With ApeCoin (APE), holders of the token will be able to make peer-to-peer transactions anywhere around the world and trade the tokens with each other directly on the platform. Holders can also participate in the ApeCoin DAO Ecosystem by controlling, maintaining, or making proposals on matters concerning the ApeCoin DAO and voting for members of the Ape Foundation board.
Final Thoughts
There are a variety of factors that have contributed to the rise in popularity of cryptocurrency over traditional currencies in the modern world. These include the growth and development of online shopping, online trading, and peer-to-peer transactions. Dogeliens (DOGET) is a brand new modern-day token to look out for in the crypto community.
