The advent of Dogecoin in the crypto world in 2013 initiated the meme-coin culture in the market. After witnessing the massive response that Dogecoin received from the Crypto community, the developers launched numerous meme-coins based on Dogs, Cats, and Apes. Investors also started to pour their money into a coin that shows decent growth. Over the years Dogecoin and its rival Shiba Inu have won the confidence of investors and secured a top place in the market. Now, the new Dog-themed meme coin Dogetti is reaching new heights in its presale stage which makes other currencies anxious about their market status.
Dogetti – The New Mafia In The Market
A gang of rugged Dogs with marks on their face is what will come to your mind when you think of Dogetti. Though the coin has Dog-Mafias on its token it expects its users to be more like a family than a community. Understanding the needs of crypto investors, Dogetti is designed to be a one-stop solution for their problems. It provides various features including an NFT called DoettiNFT where people can store their digital assets and generate money by selling them. Dogettiswap will allow users to exchange ERC20 tokens. And finally, every decision and future action of the ecosystem will be voted on and decided by family members through DogettiDAO, a decentralized autonomous organization. Dogetti will levy a 6% tax on every transaction made in Dogettiswap. But 2% of this tax will be redistributed to the Dogetti wallets. It means the holders can earn more tokens simply by holding them. And another 2% of the tax will be added to the charity wallet. Investors can avail 25% bonus by using the WISEGUY25 code.
Dogecoin – The Don of Meme Coin
If Dogetti is a new mafia in the meme-coin market, Dogecoin is an already established Don here. The coin has been ruling the meme-coin since it was launched in 2013. The world’s richest man Elon Musk’s speeches and Tweets over the years have heavily influenced the Dogecoin market. Last week also Musk posted a picture of his dog posing as the new CEO of Twitter. This tweet raised speculation that Dogecoin might be announced as the official cryptocurrency of Twitter. Soon after the tweet went viral Dogecoin saw a rise of more than 5%. But, the coin saw a decrease in its price by 1.35%.
in the past 7 days the coin. Meanwhile, the new arrival of another meme-coin Dogetti started to gain the attention of fun-loving crypto enthusiasts.
Shiba Inu – The Direct Rival
Shiba Inu was created in 2020 as a direct rival to Dogecoin. Shiba Inu operates on the Ethereum blockchain which recently converted to a Proof of Stake consensus algorithm that uses less energy compared to the proof of work consensus mechanism. Shiba Inu has been breathing the neck of the Dogecoin, waiting for a time to dethrone from its place. Last week after Musk posted his tweet Shiba Inu too saw an increase of 5% in its price. The arrival of a new meme coin, Dogetti, seems to have increased Shiba Inu’s rival count from 1 to 2. Since Dogetti is in the presale stage, It remains to be seen whether it will pose a real threat to Dogecoin and Shiba Inu. But both Dogecoin and Shiba Inu should keep an eye on Dogetti’s market as it has the potential to turn into the next Dogecoin. Click the link below to know more about Dogetti.
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