The world of crypto is expanding as the world is pivoting towards a DeFi system. As cryptos become the centre of the financial system it is important to pick the winning horse from a plethora of options. Cardano and Solana are two tokens that are DeFi ready and projected to have a bright future in the financial system of the future. DogeMiyagi, a meme coin in presale, can also be a worthy pick if the enthusiasm behind its presale is anything to go by. In this article we will look at how ADA, SOL and MIYAGI will power your portfolio in Q3.
Cardano: Network Uptick Shows Promise
Cardano is held in high esteem in the crypto world with the token being billed as an ‘Ethereum killer’. The network offers a highly scalable and secure blockchain that can handle a high volume of transactions. Cardano achieves its scalability through its multilayered architecture with each layer performing a different task so as to process transactions faster while offering high security.
ADA’s price went down recently reflecting adverse market conditions and rising interest rates. But the network’s inherent strength makes it hard to ignore ADA. DeFi activity on the network is also picking up signalling increased adoption of the ADA ecosystem. ADA price is around $0.3787 and has a market cap of just over $12.7 billion – making it the seventh largest cryptocurrency globally. The network could see prices rally as regulatory clarity, increased adoption and the growing list of partnerships with governments and large corporations could pump up the price of ADA significantly.
Solana: The Promise of a Rise to Previous Highs
Solana is a high performance blockchain that is designed to have high scalability, top grade security and high decentralisation. The network is rated as the fastest with the ability to perform a million transactions per second. SOL is currently trading for $20.72 and has a market cap of over $8 billion, making it the tenth largest crypto in the world.
Solana prices are displaying a surge as the prices have climbed to the above $20 levels after being in the sub $20 level for long. SOL price is projected to breach the next resistance level of $21.10. If bullish performance persists the prices could even rally to the $26 level. Beyond that with bullish performance, growing adoption and positive market sentiments SOL could even realistically touch the $37 price level, thereby making it one of the brightest performers in the crypto world.
DogeMiyagi: The Brightest Spot in the Meme Coin World
The meme coin space has a lot of potential and has shown resilience in times of market volatility to emerge as solid assets. DogeMiyagi, a viral meme coin in presale reflects the high growth opportunities of meme coins while displaying depth in the ecosystem that can make it a worthy asset not just in the meme coin niche but in the crypto world in general.
DogeMiyagi stands out from the rest of its peers with its community-centred development model. The network has announced that it plans to be a full DAO post launch. The move to be a DAO will give every holder a stake in the network and will boost adoption of $MIYAGI. The project has outlined in its roadmap its intention to build a comprehensive and DeFi ready ecosystem. The project will launch DogeMiyagi NFTs as a first step into building its ecosystem.
MIYAGI will launch into a market that has shown high enthusiasm about meme coins as the launch of Pepe and Ben can attest. The meteoric rise of the tokens signals the possibility of MIYAGI putting on a similar showing, making it worthy to be part of any portfolio.
The strong credentials of Cardano and Solana act as guarantors of positive price action. DogeMiyagi’s strong project and community backing will potentially make it one of the best performing meme coins to launch. The token could climb the highs like its peers and mint wealth for its community upon launch.
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Website: https://dogemiyagi.com
Twitter: https://twitter.com/_Dogemiyagi_
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