We’re in the second month of 2023, and there’s a sense of renewed optimism as investors scout the market for winners in the crypto industry.
We’re in the second month of 2023, and there’s a sense of renewed optimism as investors scout the market for winners in the crypto industry.
According to Coinmarketcap, the market capitalization of cryptocurrency is currently $1.13 trillion, a long way from $800 billion at the beginning of the year. This means plenty of cryptocurrencies have snagged gains for their loyal supporters.
According to Coinmarketcap, the market capitalization of cryptocurrency is currently $1.13 trillion, a long way from $800 billion at the beginning of the year. This means plenty of cryptocurrencies have snagged gains for their loyal supporters.
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In this list, we’d like to draw your attention, in particular, to a budding meme coin called Dogetti, with its native token, $DETI. It is a hopeful contender and holds strong potential as an investment.
Dogetti is Recruiting New Members For The Family
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A meme coin for dog lovers, Dogetti goes past the traditional version of Dogecoin and Shiba Inu with its extensive list of features. Dogetti wants to create generational wealth for its community members and has set aside a portion of every transaction for this purpose.
2% of every transaction will go towards token redistribution. 2% will go towards a charity wallet. 2% will be split between liquidity and burn wallets.
There are a few upcoming updates to improve Dogetti’s user experience. One of them is DogettiSwap, a cryptocurrency exchange for community members to trade Dogetti and other tokens. The platform will operate on a liquidity trading pool which will lower trading fees. Dogetti family members will be supporting charities every time they trade on the exchange.
Another update coming soon is DogettiDAO which will allow users to token holders to vote on matters of governance and other crucial matters.
The token is currently priced at $0.00007. If the token appreciates in value, the returns could be huge for investors who buy now.
Ethereum Has Sharding Upgrade Planned For 2023 or 2024
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One of the largest blue-chip cryptocurrencies available to the masses, Ethereum is still committed to upgrading its system to be more secure, energy efficient, and scalable.
After the merge and integration of the beacon chain, There is another update to be developed for Ethereum’s platform in 2023 or 2024 called Sharding.
Sharding will reduce network congestion and increase transaction speed. After the crucial merge upgrade, this development has become more important for Ethereum.
Stellar (XLM) is an Easy-To-Use Decentralized Platform
Created in 2014 by partners Jad McCaleb and Joyce Kim, Stellar (XLM) is a decentralized, convenient exchange platform that crypto-enthusiasts can use to handle their payments and other transactions.
Stellar’s network has come a long way since its inception, having processed billions of transactions and establishing multiple relationships with major companies.
Stellar’s unique selling point is that traders can use any currency on its platform to conduct transactions. For example, someone could buy bitcoin using dollars by transferring a digital representation of the currency.
In addition to Stellar (XLM), there is a non-profit group created by the team called Stellar Development Foundation. This organization is committed to supporting Stellar’s business and technical communities, maintaining the codebase, and releasing regular reports on the network.
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