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Will Dogeliens Rival Ethereum & BNB With Its Highly-Anticipated NFT Collection?

10 November 2022
in NFT
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Will Dogeliens Rival Ethereum & BNB With Its Highly-Anticipated NFT Collection?
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Ethereum (ETH) and BNB (BNB) have made their presence known in the NFT sphere, releasing collections that have generated millions of dollars in trade volume. Dogeliens (DOGET) looks to rival this, releasing an NFT collection with 10,000 NFTs. This editorial piece will examine whether Dogeliens has what it takes to rival Ethereum and BNB with its highly anticipated NFT collection. Let’s begin by examining Dogeliens.

Dogeliens – Transforming The NFT Sector

Dogeliens hasn’t been around for long. However, the new meme token has already made a significant impact on the crypto sphere. Dogeliens has shown its commitment to several important issues, education, charity, and more! Dogeliens plans to educate the humanoid masses on blockchain technology, offering multiple educational resources free of charge!

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As mentioned above, Dogeliens will release 10,000 unique NFTs that could reach the same heights as the BAYC and CryptoPunks collections. While holding the Dogeliens NFT could boost your portfolio in the future, they also allow the holders to access exclusive incentives and benefits in the ecosystem.

Dogeliens will also be heavily involved in charity, taking 3% of each transaction fee and placing it in a dedicated charity wallet. The Dogeliens community will decide at the end of each month which charities receive the funds.

Ethereum 2.0 Improves OpenSea Transactions

Ethereum has dominated the NFT sector of crypto since the inception of OpenSea, Ethereum’s NFT marketplace. At the time of writing, the top twenty NFT collections are on the Ethereum network, showcasing its impact on the NFT sector.

With Ethereum’s recently upgraded technology, users can harness the power Ethereum is now capable of, including 100,000 transactions per second while remaining environmentally friendly. By switching to a Proof-of-Stake (PoS) consensus, Ethereum has reduced its carbon footprint by 99.95%.

Ethereum’s NFT dominance is likely to continue in the future. It has become a platform that can scale infinitely while maintaining high performance. As NFT collections release, Ethereum will likely be the platform that hosts them.

Can BNB Challenge Ethereum For NFT Dominance?

BNB also hosts an NFT marketplace on the Binance Smart Chain (BSC). Some of the most famous NFT collections are held on the BSC, showcasing its dominance along with Ethereum in the NFT sector. So, can BNB challenge Ethereum for NFT dominance?

BNB has assembled a platform that encompasses everything from charity to NFTs. The BNB charity covers a range of issues, from closing the poverty gap to ensuring equal futures for all. If BNB maintains its current status, the platform could grow in the future and challenge Ethereum for NFT dominance.

BNB is currently experiencing a positive trend, rising by 8.49% in seven days at the time of writing. With cryptocurrencies historically performing well during the Autumn period, it could prove beneficial to add BNB to your portfolio through Q4.

Final Thoughts 

Ethereum and BNB have become NFT giants in the crypto sphere, holding all of the collections in the top 90 NFT collections. Their dominance is likely to continue in the future as they are consistently upgrading their technology.

However, Dogeliens could challenge the two crypto giants for NFT dominance with its highly anticipated NFT collection. The new platform has outlined its ambitions in its whitepaper, and the crypto community is excited to see this new token grow.

For more information on Dogeliens (DOGET), please visit the following links:

Presale: https://buy.dogeliens.io/ 

Website: https://dogeliens.io/ 

Telegram: https://t.me/DogeliensOfficial 

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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