Dogecoin (DOGE) and Shiba Inu have remained relevant in the crypto market due to their status as meme coins. Generating hype and remaining relevant are two key aspects that meme coins look to achieve. While Dogecoin and Shiba Inu have achieved this, hundreds of meme coins have come and gone since the inception of the meme coin market.
However, there is a new meme coin in the crypto sphere generating a lot of excitement around the meme coin sector once again for its unique theme and innovative features. The new meme token is called Dogetti (DETI), and it prioritises its community and the utility of the token, ensuring user satisfaction by providing a myriad of tools to access the crypto market. Let’s find out more about why Dogetti could rival the likes of Dogecoin and Shiba Inu in the crypto market.
Dogetti Rampages Through Presale
Dogetti is in the first stage of its presale, raising an impressive $315,000 at the time of writing. The platform has plans to release several tools and services when it launches, including a DAO, an NFT marketplace, and a Decentralised Exchange (DEX).
The DAO will entitle DETI holders to voting rights on the platform, allowing them to express their opinions on proposals put forward by the Dogetti development team or other DETI holders. Furthermore, due to Dogetti building on the Ethereum (ETH) network, the DEX will allow Dogetti users to swap ERC20 tokens.
Another innovative feature of the Dogetti ecosystem is the NFT marketplace which will launch in the fifth stage of the roadmap. Before this, Dogetti will release an NFT collection with a unique breeding mechanism. The breeding mechanism will enable Dogetti NFT holders to breed their NFTs, creating additional digital companions which could boost portfolios.
Are Dogecoin’s Days Numbered?
Dogecoin was never created to become the crypto powerhouse it is today. The platform was initially designed to mock the crypto market by Billy Markus and Jackson Palmer. However, Dogecoin quickly grew due to its unique, light-hearted nature and now boasts the tenth-largest market capitalisation at the time of writing.
It is no secret that Elon Musk, Tesla and Twitter CEO, influences the trend of the meme coin giant. Elon Musk has over 100 million Twitter followers, many of which copy his actions in the crypto market. If Elon Musk speaks positively about Dogecoin, a price surge for DOGE usually follows.
There is no limit to the number of DOGE that is mineable. Additionally, each block of DOGE only takes one minute to mine, using less energy than Bitcoin’s (BTC) Proof-of-Work (PoW) consensus. This allows users to mine DOGE quickly, which they can use as a valid currency by the growing number of businesses accepting DOGE payments.
Shiba Inu Dev Announces Major Update For Shibarium
As many know, Shiba Inu was created to directly challenge Dogecoin for meme coin supremacy. While Shiba Inu still hosts a smaller market capitalisation than Dogecoin, Shiba Inu sits as the thirteenth largest cryptocurrency by market capitalisation.
So, what is the update that a Shiba Inu developer released for Shibarium, Shiba Inu’s future Layer-2 blockchain? The Shiba Inu developer announced that the Intake Form is now live for Shibarium, allowing the SHIB army to find the best projects and the right validators.
Shibarium is approaching the launch of the beta phase, potentially helping SHIB experience a price rally if the Layer-2 blockchain is successful. Additionally, if the launch is successful, we can expect Shibarium to fully launch later this year!
Final Thoughts
Dogecoin and Shiba Inu have never had their dominance tested in the meme coin sector until now. Dogetti has produced an ecosystem that it can pride itself on, enabling its users to access multiple sectors of the crypto market while building a family that could become the biggest community in crypto.
Additionally, Dogetti offers 25% bonus tokens for presale purchasers that use the ‘WISEGUY25’ promotion code at the checkout!
For more information on Dogetti (DETI), please visit the following links:
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_