Dogeliens Dogecoin or Chainlink
The year 2021 was the era of a big boom in the coin market. Buyers minted money with cryptocurrencies and many became millionaires getting thousands of times above their purchase. While big wigs gained prominently giving crypto investors reasons to smile, it was the rapid rise of once-written-off crypto coins that caught the limelight. Dogecoin (DOGE) and Chainlink (LINK), which were lying low for years, surged high and made buyers millionaires within weeks. Can the upcoming Dogeliens (DOGET) repeat the same exploits, especially in the current bear market?
Since its inception in 2013, Dogecoin garnered much fan following but had never been seriously taken in the cryptocurrency market. It hovered around its value with a minimal increase until its first breakthrough in 2017 when DOGE had a $2 billion market cap. For the next few years, DOGE was more prominent on social media getting popular backing. Its defining moment came in 2021. Persistent public backing by Tesla founder Elon Musk catapulted it by 18,000% that year.
Buyers who had purchased Dogecoin in or before January 2021 turned millionaires by May of the year. The price zoomed from $0.004 to $0.73 in five months. Now, despite a crypto winter, DOGE is the coin registering the highest growth rate of 30% on a single day. Crypto traders are surprised to see the “old classic” coming out as the most profitable asset in the coin market.
DOGE continues to have the backing of Musk and several big investment banks. Its dedicated fan-following is the biggest asset of this growth-oriented crypto coin.
Chainlink entered the coin market as a bridge between non-blockchain enterprises and blockchain technology. An innovative solution, LINK quickly gained popularity and secured billions in value by the end of 2020. Its ability to reliably connect blockchain to real-world data and enable hybrid smart contracts helped Chainlink get 300 projects. LINK became the best-performing digital asset in that year.
The year 2021 is a defining moment for Chainlink as its cryptocurrency market cap soared from $7 billion in January to $75 billion in December. It soon became the second most value-securing DeFi coin. Though the 2022 crypto crash has pushed Chainlink to its 2020-level, it continues to be a high-growth project that had churned out already many millionaires.
Chainlink is of the ERC-677 standard and focuses on data transmission. It leads the coin market in dApps. The security, reliability, and on-chain applications enabling real-life weather, financial, and other data transmission to blockchain continue to drive LINK’s growth. Smart contracts can access the data for better decision making and execution.
Dogeliens is a next-generation meme coin to enter the cryptocurrency market soon. It is a fun coin like DOGE but follows a high-utility model. Market influencers believe it can rewrite the success stories of Dogecoin and Shiba Inu and take the world of meme coins to the next level.
DOGET is set to introduce new games, charity initiatives, and crypto learning resources on a wider scale to the Metaverse. It goes beyond the meme world to make the coin market more fruitful and vibrant. Dogeliens allows staking by buyers and users and swapping of crypto coins by DOGET holders. Transactions fees are low while there is assured privacy and security.
The constant supply of DOGET makes it easier to share the coin on social media. Anyone can get Dogeliens through wallets on the Binance Smart Chain and trade in it. It opens a special blockchain educational center, which has all crypto learning resources. Christened as the University of Barkington, it offers education about DeFi, NFT, crypto coins, and related areas. Dogeliens Academy trains crypto buyers with various video and academic tools to expand the adoption of cryptocurrency. DOGET users can also play games, trade NFTs, and have other virtual world benefits to earn an income.
Dogeliens presales are a good option to cash in if you have missed Dogecoin and Chainlink heydays.