Tora Inu, Ethereum, And Dogecoin Can Revolutionize Your Portfolio Returns – CryptoMode

The year 2022 has been brutal for most cryptocurrency holders. All assets have continuously lost value, yet there is still potential momentum. Top currencies to keep an eye on include Tora Inu, Ethereum, and Dogecoin, three assets that should be in any trader’s portfolio.

Tora Inu Is Poised To Pop Off

Investing in meme coins has always been a wise decision. Some of the top currencies on the market are meme coins, even if most offer no real utility. However, Tora Inu, while also seen as a meme coin, is a project that goes well beyond that label. It is not just another Shiba Inu but a deflationary asset that introduces more utility and provides access to exciting play-to-earn mechanics.

Tora Inu is a currency themed after a dog, but that is part of the long-term marketing strategy. Its real value comes through ongoing token burns – creating a scarcer supply – and rewarding long-term holders. In addition, the ecosystem is home to NFTs, metaverse plans, and play-to-earn solutions. As every network transaction reduces the $TORA supply, the multi-pronged ecosystem will continuously drive value to asset holders.

Demand for the Tora Inu (TORA) ecosystem will only increase over time. More demand means lowering the supply further and pushing prices higher. It is a matter of time before Tora Inu achieves its billion-dollar market valuation. The token’s presale is selling out quickly, and anyone interested in picking up TORA at discounted prices will need to hurry!

Ethereum (ETH) Isn’t Going Anywhere

Tora Inu (TORA) is built on Ethereum, the go-to blockchain for building decentralized applications, products, and services. Since The Merge, Ethereum has begun to reduce its ETH emission, and the ongoing token burn ensures it becomes scarcer over time. Unlike Tora Inu, Ethereum has not yet achieved a deflationary state, but the network is heading in the right direction.

Furthermore, with proof-of-stake, more value continues to be locked up in Ethereum. As a result, users want to leverage their ETH holdings to earn additional rewards. Although those rewards will not be accessible until the following major network upgrade – dubbed Shanghai, with no release date – overall interest in staking ETH keeps rising. In addition, liquid staking has proven beneficial to users who prefer to retain their liquidity.

Dogecoin (DOGE) Is Surging

Elon Musk has successfully closed his Twitter deal, and it didn’t take long for the Dogecoin (DOGE) price to pump. Many people expect Twitter to integrate Dogecoin as an official currency somehow. However, there are no public plans to do so, even if the new CEO is a big fan of the leading meme currency. Even so, momentum has been building for Dogecoin, resulting in a price gain of over 140% in the past week.

After months of being stuck near $0.06, the value of DOGE shot up to $0.15 on November 1. Although it has retraced to $0.126 since then, that value remains a steep improvement over the months prior. DOGE also noted a strong influx of trading volume, confirming the demand for exposure to Dogecoin remains high.

Tora Inu (TORA) Has The Biggest Gains Potential

As Tora Inu remains in the presale, it has yet to achieve a high valuation. Users who buy the token at discounted prices today can see their portfolio increase by 100x or better.

Those gains are hard to pass up, as neither Ethereum (ETH) nor Dogecoin (DOGE) will see a 100x increase in value ever again.

Participate in the Tora Inu presale now before it is too late!

Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

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