As 2022 draws to a close, cryptocurrencies have managed to post decent returns even as markets have been in a bear zone for a long time. Blockchain-based assets have had a tumultuous year that included a crypto winter and controversies like the FTX crash, but the market is on its way to a recovery and many cryptocurrencies have been hitting new highs. Cryptocurrency analysts expect the rise in cryptocurrency prices to continue well into 2023 as innovators launch new investor products with more interesting use cases. If you are wondering how to select the best cryptocurrencies, a timeless strategy is to start with the research. You can draw a list of the best like Dogelians (DOGET), Cardano (ADA) and Filecoin (FIL), and learn about them before you compare them. Once you are convinced with your knowledge, you can go ahead and make an informed decision. To help you select the best of the cryptocurrencies, here is a look at the key features of the three cryptocurrencies mentioned above.
Dogeliens: Learn more about Blockchain while investing
Dogeliens is a meme coin that is based on the legend of the army of Dogeliens or extraterrestrial dogs living on a planet called Puptopia. The meme coin has launched a native token for its platform that will facilitate all sorts of transactional purposes like gambling, liquidity funding, access to rewards, and participation in play-to-win games. With a total supply of 25,000,000,000, these tokens will be available in presale for anyone interested in purchasing them.
The platform has come up with an exciting reward system in which buyers receive different rewards. These rewards differ as they depend on factors such as the type of cryptocurrency used to purchase the DOGET token, how long after signing up for the platform they make the purchase, the amount of fiat used in the transaction, and the pre-sale stage, among others. other factors. Let's explain this with an example. If you are a BNB/BSC holder and want to buy DOGET tokens, you will automatically be eligible for an additional 22% token reward. Now, if the same transaction is made in the first stage of the pre-sale, the buyer would get another 10% of the free tokens as a reward. Likewise, if the transaction is made in the second and third stage of the pre-sale, the buyer would get 8% and 6% free tokens as a reward, respectively.
In addition to these rewards, Dogeliens users will also be able to mint and purchase non-fungible tokens on the platform. The platform has even released a game where players have to win over the enemy army. Both sides get their army of alien dogs to fight each other. Players can expect to earn DOGET Tokens as a reward. Users should know that the Dogeliens team will keep the purchased tokens locked for a period of up to two months until the end of the pre-sale.
Binance will allow ADA holders to trade against USDC
Cardano is a decentralized platform for building and scaling dApps and other blockchain-based services. It leverages the ouroboros blockchain, which is based on evidence-based, peer-reviewed mechanisms that offers unmatched sustainability and security for dApps and decentralized systems. Its native token is ADA and is used to fulfill various transactional obligations on the network. In a recent development, Binance US it will now allow its users to exchange the ADA token for the USD coin. Binance US is the US vertical of the decentralized crypto exchange platform Binance.
Filecoin Announces FEVM Hack Finalists
Filecoin is a decentralized cloud storage marketplace. Its native FIL token is used for transactional purposes on the network. People can access affordable and competitive storage services as Filecoin allows its users to compete for hire as storage providers. The mechanism promotes healthy competition and leads to services being provided at competitive prices. The network recently announced the finalists for its first 'Hack FEVM', where FEVM stands for EVM Compatible Filecoin Virtual Machine. The hackathon attracted over 400 hackers who ended up showcasing 117 projects and winning $50,000 worth of prizes. With the hackathon, Filecoin introduced FEVM to a wider audience and encouraged them to take advantage of its mentor and developer resources.
If you are comparing Cardano (ADA), Dogeliens (DOGET), and Filecoin (FIL) as investors, the chances are pretty high that you are turning around. Given its functionality and its USPs as an investment, most investors find it difficult to pick a favourite. As for cryptocurrency analysts, the picture is different because they already have a chosen favorite, and it is Dogeliens. The key reason why meme coin is preferred by analysts is because of the multiple opportunities it gives its users the added opportunity to earn a passive income. The feature ensures that the wealth of the users grows along with the platform.
Learn more about Dogeliens (DOGET):
Dogellians (DOGET)
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial loss suffered from acting on the information provided on this website by its authors or clients. Always do your research before making any financial commitments, especially with third-party reviews, pre-sales, and other opportunities.
