The cryptocurrency market in 2022 has been bearish, and the FTX collapse early in November increased panic sales in the crypto space. The bright side is that such token dips indicate a bullish trend. Hence, such coins as Solana, Axie Infinity, and the new Metaverse token Dogeliens (DOGET) are expected to experience a significant rise in their values during the next bull run. Here’s a summary of their key features.
Solana – Highly Functional Blockchian Network
Solana (SOL) is one of the foremost tokens in the NFT trade sector, as it previously featured an active NFT marketplace that recorded a trading volume high in September, about $126 million. The platform suffered the most from the FTX collapse, dropping its value by over 60%. Solana operates on a proof-of-stake protocol, which accounts for its low gas fees and fast transaction processing speeds. The network also uses smart contracts, which allow for the automation of transactions, making transaction execution easier and faster. The smart contracts approve any transaction as soon as the terms set for that transaction are satisfied.
The Solana blockchain encourages users to create and manage their NFT assets virtually through their profiles. The platform is home to several NFT marketplaces and projects for creators and collectors to profit from. Moreover, the network charges no transactions for NFT trade, thus making it one of the most popularly accepted NFT platforms in the cryptocurrency market. Although the token has declined for the past few weeks, analysts back Solana to bounce back in 2023. The official coin, SOL, sells at $13.67 on CoinGecko.
Axie Infinity – The GameFi Platform
Axie Infinity (AXS) is a prominent GameFi project on the Ethereum blockchain, created in 2018 to bring mainstream gaming to the DeFi industry. The app was one of the most visited on Ethereum in 2021, with over 1 million visits daily. Axie Infinity features a play-to-earn game modelled after Pokémon, where users battle one another for pet avatars called Axies. The Axies are NFTs used within the game and could be generated by users or bought from the developers’ store. The game allows users to withdraw their earnings to their wallets or spend them on levelling up with boosts and upgrades.
Axie Infinity uses two currencies to make the game economics easy to understand. The SLP is used as the in-game currency, which users collect when they complete game quests. SLP is used for all in-game expenses and can be converted to AXS, the token used to power the entire platform. It is tradable, used to stake the platform and as a governance token to vote on its future. AXS is listed on CoinGecko at about $6.52.
Dogeliens – The Upcoming Canine Coin
Dogeliens (DOGET) is the new sensation in the Metaverse, preparing to launch very soon. The token hopes to bring value to its users on the Metaverse even as it aims to be the first interplanetary token when space exploration advances. The presale is underway, so users can pre-order their tokens before the token launches. Dogeliens is packed full of features designed to improve each user’s experience on the network. The token has a Metaverse-based ecosystem that offers games, NFTs, and DeFi lessons. This feature package creates a wholesome experience on the network. Puptopia is the ecosystem, and its gaming platform is the Spaceship, which doubles as an NFT generation centre.
The users can create NFTs from their various digital media and use them in the game or sell them through the Pupstore. The ecosystem also features the University of Barkington. On this virtual DeFi learning platform, beginners and new users can understand the basics of Decentralized Finance and how to make money from their investments in cryptocurrency. The learning platform allows users to sign in either as students or teachers and learn more from one another through virtual sessions. The Dogeliens (DOGET) platform is approaching its launch date, and there is no better time to join the presale train. Follow this link to access the presale interface and get your coins at presale prices before they spike.
Find Out More About Dogeliens (DOGET) In The Links Below:
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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