Can Dogeliens (DOGET) Match Up To Shiba Inu (SHIB) Cryptocurrency Investments?
The birth of meme coins is one of the most interesting inventions within the cryptocurrency market. Meme coins have been intriguing in their ability to inspire joy and a sense of togetherness.
Shiba Inu (SHIB) is the second most popular meme coin, particularly among dog-themed currencies. It has made its investors millionaires and taken over the internet multiple times while focused on retaining its loyal followers.
Dogeliens (DOGET), which is now in pre-sale, was inspired by Dogecoin (DOGE) but has chosen to expand the buzz of meme currencies to the point of developing real-world value. In this article, you will learn all you need to know about the DOGET token.
How Shiba Inu (SHIB) Is Become The Top Dog-Themed Token
Contrary to popular opinion, meme coins like SHIB are not entirely driven by internet buzz and sentiment. The Shiba Inu (SHIB) ecosystem provides a number of valuable services, including NFTs and a decentralised platform. The Ethereum-based meme coin has the Japanese dog breed Shiba Inu as the project’s official symbol.
Shiba Inu was created in August 2020 with the goal of surpassing Dogecoin. Since it serves as the primary means of exchange, the SHIB token is the most noticeable element of the Shiba Inu ecosystem. Users can lend money, stake money, and generate passive income by paying recurring fees for smart contracts using Shiba Inu.
It is one of the most volatile networks on the coin market globally, making it a great cryptocurrency to buy now if you are interested in the disproportionate rise or fall. There have been cases where it rose 100% and then dropped back to normal the next day. The value of cryptocurrencies tends to increase every time Elon Musk tweets a picture of his Shiba Inu pet, Floki.
Shiba Inu is built on Ethereum, which means it can use smart contracts to develop much more complex applications such as DEXs and NFTs. Over the summer, the token published their ShibaSwap DEX, and they have lately released “Shiboshis,” a collection of 10,000 NFTs. Dogecoin’s code is based on Bitcoin and does not support smart contracts.
As a result, Doge can only be used as internet money and a (volatile) store of value. Shiba’s maximum supply is one quadrillion tokens, which is substantially more than the supply of most cryptocurrencies.
Shiba‘s pricing is substantially cheaper than most assets with comparable market capitalizations due to the huge token size.
Could Dogeliens (DOGET) Ascend To The Level Of Shiba Inu?
Dogeliens (DOGET) aims to blend the enthusiasm and buzz surrounding meme cryptocurrencies like Dogecoin and Shiba Inu, with a heavy emphasis on functionality and valuable use cases in the GameFi and Metaverse.
The focus of this new cryptocurrency is to become the pup-pet master and join the dog token family. The project’s goal is to create a positive community focused on helping others. It is an all-inclusive ecosystem that welcomes everyone to participate in, trade with, and use the dogeliens universe.
The developers also intend to implement a democratic voting system alongside a charity wallet, allowing DOGET users to vote on which charity will get weekly donations as well as platform enhancements.
The project will give users access to a lighthearted cryptocurrency that builds on the popularity of meme coins like Shiba Inu and Dogecoin, but with more useful features that will make it a token you will believe in and support forever.
To help people better understand and appreciate the world of cryptocurrency, the project has plans to offer new games, new charity sharing concepts, and instructional content as it enters the Metaverse.
To make Dogeliens widely marketable, the team has developed a number of innovative techniques. Because of the coins’ low cost and plentiful supply, DOGET becomes a far more appealing investment for every user.
The Dogeliens platform is described by the creators as an experimental “cosmic” ecosystem, which translates to a collection of people that work together to create a special habitat for all users.
The new cryptocurrency wants to combine the predicted $18 billion market value of meme currencies with the popularity of the Metaverse and the GameFi sectors in order to attract seasoned cryptocurrency investors.
Although Shiba Inu continues to show a lot of success, Dogeliens intends to bring the two crypto companies together by blending the pleasurable and lucrative features of P2E gaming and the Metaverse with the popularity of meme currencies.
The presale offers both first-time and seasoned investors the opportunity to purchase this innovative coin at a low rate.