The bear market is at its peak, and several cryptocurrencies are aiming to start their journey even in a bleak situation like this. One of the prominent examples of this trend is definitely in the form of Dogeliens Token (DOGET). It’s a new meme token with an incentive for community support. Today you will learn a little bit about its background and compare it against something like Internet Computer (ICP) & Terra Classic (LUNC). So, here is a detailed overview!
Everything To Know About Internet Computer (ICP)
Internet Computer (ICP) is an underdog in the crypto world that has failed to gather attention from the general public. However, its main net offers several smart technologies which could change how we interact. DFINITY Foundation developed the protocol itself. It’s a non-profit firm that specializes in R&D in many fields. Thanks to their concretive efforts, ICP went live in the year 2021.
Even in the initial stages, ICP was able to solidify funds from several reputable crypto hedge funds and VCs. This is mainly because of the idea that ICP may one day run future technologies. Developers can use the token to create scalable web3 applications. Other than that, ICP plays a critical role in making on-chain computing a reality. There is a total of 469 million ICP tokens, with less than half available to circulate in exchanges.
Everything To Know About Terra Classic (LUNC)
Terra Classic (LUNC) is again making a headline these days, thanks to the burn protocol the network has been going through. On the surface, it’s a scaled-down version of its predecessor, LUNA, but without any stablecoin behind. Nonetheless, LUNC became functional in the summer of 2022. As discussed, LUNC doesn’t provide a stable coin, so its on-chain utility doesn’t fluctuate with the market’s structure.
Much like the original LUNA, it helps its native ecosystem carry transactions and assist other smart contracts. There is also governance that LUNC provides and enables its users to get the most out of their holdings. It’s also worth mentioning that LUNC has a hefty supply of 6 trillion coins. However, thanks to regular burn procedures, this number should not affect LUNC price action.
Everything To Know About Dogeliens Token (DOGET)
The last project on the listing is a yet-to-be-released crypto going by the name of Dogeliens Token (DOGET). It was built to bring crypto communities together, and that’s what its incentive is all about. Unlike many other “shitcoins” in the niche, DOGET is an ERC-20 coin with its framework built around the Binance Smart Chain.
This could help its network to become more flexible in the long run. Besides that, DOGET is entirely decentralized, and its development team has allocated quite a few resources to the NFT space. You can expect its NFT collectibles soon hit the market and provide value to their holders.
There are also rumors that DOGETs could soon enter the GameFi market. This means that individuals can earn token rewards just by enjoying digital games. As far as on-chain supply goes, DOGET stands at 25 billion coins, which will be provided over the course of its time.
How to Buy Dogeliens Token (DOGET) During Pre-sale?
Buying DOGET coins during presale might be simple. All you need is to:
- Launch your wallet (e.g., Metamask) on DOGET’s official website.
- Complete transfer of funds through the available cryptocurrencies.
- Choose the number of DOGET tokens and confirm the transaction.
Get them fast before they run out. More than $800 million worth of DOGET has already been sold!
Dogeliens Token (DOGET) is a new contender among the meme tokens. Its idea is to support its community members while at the same time don’t allow itself to be over the top. However, as great as its incentive seems to be, it has to compete in an oversaturated niche, and only time will tell if DOGET succeeds at it.
At the current rate, DOGET pre-sale rewards stand at 10%. This means that you will get 10% more value on each transaction. Similarly, for transactions worth $250 or more, you will further receive a 3% bonus. There is also an extra 20% Christmas bonus when purchasing via the links in this article.
To learn more about Dogeliens Token (DOGET), you can visit the following links:
Presale: https://buy.dogeliens.io/
Website: http://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
