The bull run has started in the cryptocurrency market, and some tokens are already experiencing price spikes. Among these projects are Shiba Inu (SHIB) and Dogelon Mars (ELON), and the latest meme coin project, Dogetti (DETI), is looking to join them as soon as it launches into the crypto space. The developers are working on the final stages of its presale, so here’s some information on its expected protocol.
Shiba Inu: Impressive Meme Ecosystem, Including Layer-2 Network
Shiba Inu (SHIB) is a meme coin project launched in 2020 as a counterpart to Dogecoin, offering competition to the pioneer meme coin. While it hasn’t displaced the top meme token, it has certainly carved out a significant portion of the meme coin sector.
Shiba Inu (SHIB) is based on the Ethereum network, tethering to the blockchain to enjoy the vast user community and extensive DApps. It runs on a stake protocol, different from Dogecoin’s work protocol. This implies that its users stake their assets to earn token rewards from the platform while their tokens provide increased security from theft.
The Shiba Inu (SHIB) protocols host an NFT incubator and an exchange platform, Shibaswap, which are the main elements of the platform’s future. The incubator allows the creation of NFTs on the platform, but since there is no marketplace, users will have to transfer their NFTs to other platforms for trade.
The exchange system allows users to swap their tokens from one platform to another on the Ethereum network. Other exchanges on the Ethereum blockchain pose severe challenges to Shibaswap, as they are more popular or vaster. However, the developers are looking into upgrades like a proper NFT marketplace and a DAO community to improve the token’s appeal to users.
For now, Shiba Inu (SHIB) tokens sell for:
| Name | Price | 24H (%) |
|---|---|---|
 Shiba Inu(SHIB) | $0.000025 | 0.80% |
Dogelon Mars: An Ode To Elon?
Dogelon Mars (ELON) is a meme coin project setting its sights on extraterrestrial life. The token aims to be the primary medium of exchange between humans and intelligent extraterrestrial life. Given its ambition, Dogelon Mars supports research and exploration programs concerned with outer space.
Dogelon Mars (ELON) is a fork of the Dogecoin platform, as it possesses similar features to the Dogecoin protocol—a fork forms when there is an irreversible alteration to the original code. The result is a distinct but similar code.
Dogelon Mars (ELON) uses an Ethereum-based token, ELON, as fuel on the platform. Several scam plots marred the initial stage of the token’s history and rug pulls, causing many users to lose their investments in the cryptocurrency market. The developers have since then organized airdrops to compensate those who lost assets to the rug pull.
The Dogelon Mars (ELON) platform intends to increase its coin value by burning half of the supply to exchange forever. In contrast, the other half will go to every member equitably via an Ethereum wallet owned by Vitalik Buterin. These measures will keep anyone from accessing the locked funds.
Dogelon Mars (ELON) will also be planning upgrades to the platform to improve its standing among other token platforms—the token ELON sells for:
You have not selected any currencies to displayThere’s A New Don On The Block: Dogetti And The Family
Dogetti (DETI) will be looking to join its meme coin counterparts, Shiba Inu and Dogelon Mars, as they continue to gain during the bullish market. The token’s presale is still under development, as the developers hope to get it up and running by March.
News reaching us from the developers is that the new meme coin will host an exchange platform and an NFT marketplace to provide its users with a balanced crypto experience. The NFT marketplace will feature NFT launches from users and developers, as they can create tokens from multimedia content. The NFTs will be an avenue for expansion into other blockchain features like a Metaverse ecosystem or a gaming hub.
Users from all over the Ethereum blockchain can also trade conveniently, as DogettiSwap will allow users to swap their tokens for DETI tokens on the Dogetti (DETI) platform. This eliminates the need for an intermediary exchange and increases the relevance of the DETI tokens and Dogetti (DETI) within the cryptocurrency market. Increased usage of the exchange system will lead to more demand for DETI tokens, thus boosting their value on the cryptocurrency market.
The Dogetti (DETI) developers are working on a presale event launch in March, so all you need to do is stay tuned for more updates on the token’s development.
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Presale: https://dogetti.io/how-to-buy
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