Dogeliens Prepares to Edge Past Cardano, Hedera on the Crypto Charts As Developers Announce $10k Giveaway
Memecoins have long been associated with fluctuations, as they mostly lack the utility policies other tokens have to sustain relevance for extended periods in the cryptocurrency market. Dogeliens (DOGET) begs to differ in this regard, as the token’s protocol displays a feature-packed experience for its users.
However, every memecoin loves its media stunts, and Dogeliens (DOGET) is no different there, as the developers have announced a $10,000 giveaway to appreciate its members for their support in the presale. On the other hand, the project looks to overtake top counterparts in the crypto space, Cardano (ADA) and Hedera (HBAR), through the user influx it will gain from the giveaway. Here, we present a brief review of how the new kid compares to the big guys on the market block.
Cardano (ADA)
Cardano (ADA) has been quite the breakthrough token in the cryptocurrency market since its release in 2017. The coin was launched to resolve key challenges affecting users and blockchains in the crypto space and has been on the top charts ever since.
Cardano’s network features a complex blockchain running on a novel proof of stake protocol called Ouroboros. The Ouroboros helps the network process transactions more effectively, reducing the charges on individual transactions. It also allows the network to stake ADA tokens to protect the blockchain from attack.
The blockchain is also a new idea, as two layers communicate to reduce servers’ lag and enable scalability according to user traffic. The layers include a computing layer, which handles transaction processing and execution, and a settlement layer, where the user accounts, wallets, and ledgers are stored and balanced after transactions. The Ouroboros protocol is located on the settlement layer.
Cardano (ADA) is yet to operate using smart contracts; however, the developers have scheduled an upgrade where they will integrate smart contracts into the network. ADA currently sells for $0.406 on CoinGecko.
Hedera (HBAR)
Hedera (HBAR) is a multi-case coin serving a variety of enterprise objectives. The token runs on Hashgraph technology, which features a complex protocol arrangement for more efficient trading on the platform.
Hedera’s protocol comprises a proof of stake consensus mechanism supported by a gossip protocol and the Hashgraph technology. The proof of stake ensures the gas fee prices are predictable and quite constant, despite being on the Ethereum blockchain. The gossip protocol enables peer-to-peer network communications, allowing for smart contracts’ transparency.
Hedera (HBAR) operates using smart contract 2.0, a better smart contract version with better automation than the traditional version. It is also compatible with the Ethereum virtual machine and facilitates the creation and launching of DApps on the Hedera network.
HBAR, the platform’s native, sells for $0.0609 on CoinMarketCap and is primarily used as fuel for the platform and protection through staking.
Dogeliens (DOGET)
The latest memecoin has reached into its bag of tricks and is out with a surprise. The developers have started a giveaway contest that will run for the next three weeks. The Dogeliens (DOGET) giveaway will reward the winners with $10,000 after the contest lapses. Members must hold $20 worth of DOGETs to be eligible for the contest. By November, you can enter the giveaway interface and stand a chance among the winners.
The giveaway is the latest update from the Dogeliens (DOGET) developers, although they have been working on getting the platform ready for launch. Already, smart contracts are in place to offer a better trading experience for users and developers alike. Smart contracts will increase the ease of completing transactions, as both transacting parties don’t have to go online to complete asset transfers. On the other hand, developers can easily build DApps on the network to provide better services to users.
Dogeliens (DOGET) is taking on the NFT trade sector, as its protocol suggests the token will support gaming on a Metaverse space, the Spaceship, where users can earn rewards from the games and interact with one another using the platform’s chat interface. Also, there will be an NFT store, Pupstore, where the developers will display their NFTs for sale and exchange. The third component of their ecosystem is the University of Barkington, which seeks to enlighten users on the benefit of DeFi and how they can profit from it.
Get your DOGET coins today, and enter the giveaway to stand a chance to win rewards. Click here to access the presale interface or find out more here:
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
The post Dogeliens Prepares to Edge Past Cardano, Hedera on the Crypto Charts As Developers Announce $10k Giveaway appeared first on Analytics Insight.
Memecoins have long been associated with fluctuations, as they mostly lack the utility policies other tokens have to sustain relevance for extended periods in the cryptocurrency market. Dogeliens (DOGET) begs to differ in this regard, as the token’s protocol displays a feature-packed experience for its users.
However, every memecoin loves its media stunts, and Dogeliens (DOGET) is no different there, as the developers have announced a $10,000 giveaway to appreciate its members for their support in the presale. On the other hand, the project looks to overtake top counterparts in the crypto space, Cardano (ADA) and Hedera (HBAR), through the user influx it will gain from the giveaway. Here, we present a brief review of how the new kid compares to the big guys on the market block.
Cardano (ADA)
Cardano (ADA) has been quite the breakthrough token in the cryptocurrency market since its release in 2017. The coin was launched to resolve key challenges affecting users and blockchains in the crypto space and has been on the top charts ever since.
Cardano’s network features a complex blockchain running on a novel proof of stake protocol called Ouroboros. The Ouroboros helps the network process transactions more effectively, reducing the charges on individual transactions. It also allows the network to stake ADA tokens to protect the blockchain from attack.
The blockchain is also a new idea, as two layers communicate to reduce servers’ lag and enable scalability according to user traffic. The layers include a computing layer, which handles transaction processing and execution, and a settlement layer, where the user accounts, wallets, and ledgers are stored and balanced after transactions. The Ouroboros protocol is located on the settlement layer.
Cardano (ADA) is yet to operate using smart contracts; however, the developers have scheduled an upgrade where they will integrate smart contracts into the network. ADA currently sells for $0.406 on CoinGecko.
Hedera (HBAR)
Hedera (HBAR) is a multi-case coin serving a variety of enterprise objectives. The token runs on Hashgraph technology, which features a complex protocol arrangement for more efficient trading on the platform.
Hedera’s protocol comprises a proof of stake consensus mechanism supported by a gossip protocol and the Hashgraph technology. The proof of stake ensures the gas fee prices are predictable and quite constant, despite being on the Ethereum blockchain. The gossip protocol enables peer-to-peer network communications, allowing for smart contracts’ transparency.
Hedera (HBAR) operates using smart contract 2.0, a better smart contract version with better automation than the traditional version. It is also compatible with the Ethereum virtual machine and facilitates the creation and launching of DApps on the Hedera network.
HBAR, the platform’s native, sells for $0.0609 on CoinMarketCap and is primarily used as fuel for the platform and protection through staking.
Dogeliens (DOGET)
The latest memecoin has reached into its bag of tricks and is out with a surprise. The developers have started a giveaway contest that will run for the next three weeks. The Dogeliens (DOGET) giveaway will reward the winners with $10,000 after the contest lapses. Members must hold $20 worth of DOGETs to be eligible for the contest. By November, you can enter the giveaway interface and stand a chance among the winners.
The giveaway is the latest update from the Dogeliens (DOGET) developers, although they have been working on getting the platform ready for launch. Already, smart contracts are in place to offer a better trading experience for users and developers alike. Smart contracts will increase the ease of completing transactions, as both transacting parties don’t have to go online to complete asset transfers. On the other hand, developers can easily build DApps on the network to provide better services to users.
Dogeliens (DOGET) is taking on the NFT trade sector, as its protocol suggests the token will support gaming on a Metaverse space, the Spaceship, where users can earn rewards from the games and interact with one another using the platform’s chat interface. Also, there will be an NFT store, Pupstore, where the developers will display their NFTs for sale and exchange. The third component of their ecosystem is the University of Barkington, which seeks to enlighten users on the benefit of DeFi and how they can profit from it.
Get your DOGET coins today, and enter the giveaway to stand a chance to win rewards. Click here to access the presale interface or find out more here:
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
The post Dogeliens Prepares to Edge Past Cardano, Hedera on the Crypto Charts As Developers Announce $10k Giveaway appeared first on Analytics Insight.
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