The cryptocurrency market and digital assets are gaining momentum as a preferred financial tool for wealth creation. Cheap, efficient handling, decentralization, privacy, unrestricted geographical access, and trustless transactions are driving faster adoption of cryptocurrencies and the consequent buyer interest in the coin market. However, the 2022 crypto crash has forced buyers to scout for coins that are safe in a bear market and able to offer good gains.
Algorand (ALGO) and GALA are two well-known crypto coins with the potential to record higher returns within a few months. Dogeliens (DOGET), a new cryptocurrency about to enter the coin market, too offers a great opportunity for buyers interested to exploit its initial offerings and make big gains.
A pure proof-of-stake (P-O-S) network, Algorand empowers blockchain users with speed, scalability, and security. Its ALGO token grows up with inflation but stabilizes to save the value in a bear market.
The Algorand ecosystem makes the coin market accessible from both ends by positioning itself as a melting point for DeFi and the traditional finance system. Unlike other P-O-S platforms, it allows only ALGO coins for users to unlock an array of offers, opportunities, and earning options.
Algorand continues to evolve with new projects that improve and establish ALGO’s utility, serviceability, and adoption. The focus remains on speed to power extremely fast transactions. Simultaneously, low fees, easy-to-use protocols, a rapidly growing NFT market, and higher interoperability strengthen the case for its usability, and these put ALGO as a rival to VISA and Mastercard.
With a 0.2 correlation with Bitcoin, ALGO is better placed to duck a crypto crash. This led experts to forecast it as a safe bet during portfolio diversification in the current bear market. Low entry requirements and higher incentives make it a great option for staking.
Gala Games (GALA)
A gaming network, Gala is more user-centric than any platform on the Ethereum blockchain. Gala Games has brought a refreshing change in the blockchain gaming industry. Players have full control and they own their gaming progress. It has taken out in-game items from the scope of regulation by developers giving users to earn from them.
The full control given to users skyrocketed GALA by 30,000% in 2021, a year after its introduction. Though the 2022 crypto crash caused it to shed 90% of its value, Gala Games with more than 14 games in the pipeline shows signs of recovery. GALA continues to have a market cap exceeding $370 million.
As games are fast becoming a driver in the cryptocurrency market, GALA is showing signs of strength. Users can create their blockchain-related games and share them on other platforms. It is among the few projects that allow a much greater power distribution and asset ownership.
Dogeliens presale is about to begin. However, its high-utility model covered with a memo appeal has made DOGET the most anticipated project in the coin market in 2022. A perfect combination of serviceability, usability, and community values make it a safe bet during the bear market and a good fortune during the upcoming cryptocurrency revival.
The Dogeliens foray into the coin market is based on a three-pronged strategy. First, it has an array of utility-driven, technology-powered growth-oriented features.
DOGET makes users gain credible and all-encompassing experiences in the virtual world through P2E games. There is also an option to create and trade NFTs to generate more income apart from rewards. Second, Dogeliens aims at bringing the Metaverse and the GameFi space closer. The crypto world is increasingly moving to the realm of a computer-generated world to give users a better experience. DOGET exploits this with multiple avenues for users to earn income.
Third, Dogeliens converts crypto enthusiasts into informed buyers by offering them unlimited crypto learning resources. It inaugurates the University of Barkington and Dogeliens Academy, two key virtual institutes offering education about the crypto world and the coin market.
DOGET together with Algorand (ALGO) and GALA presents a good option to diversify your crypto portfolio.