With demand for interoperable blockchains on the rise, networks enabling blockchains to intercommunication are projected for price climbs. One of the foremost players in the interoperable blockchain services market is the Cosmos network (ATOM) which announced Polkadot (DOT) had joined its interchain network. The move is a force multiplier for both DOT and ATOM. The move has market watchers fielding the “Will Polkadot spike in 2023?” questions from eager investors hoping for a price run on DOT.
The development is also a reflection of the crypto market of the present, which has multiple projects of great promise at various stages of launch. The prominent among the lot is DogeMiyagi (MIYAGI), a meme coin in presale. Read on to find out more about how 2023 is shaping up to be an exciting year for crypto and what the year holds for DOT, ATOM and MIYAGI.
Will Polkadot Spike in 2023 After Link Up With Cosmos?
The Polkadot network is a layer-0 blockchain that facilitates the interconnection of independent blockchains into a unified network. The interconnected network is called parachains, and they enable the seamless transfer of data and value across different blockchains. Polkadot’s services are crucial in creating high-powered decentralised finance (DeFi) applications.
With its recent integration into Interchain, the Cosmos network’s “internet of blockchains,” Polkadot has unlocked better interoperability in its network. The development makes it easy to access Polkadot’s parachains. Another benefit for users is the improvement in access to liquidity from various projects on the DOT network. The development should provide a positive answer to investors asking, “Will Polkadot spike in 2023?”.
Cosmos: Uniting the Blockchain Universe
The Cosmos network, much like Polkadot, offers interoperability solutions to blockchains. The network’s Inter-Blockchain Communication (IBC) protocol enables a seamless exchange of data between different blockchains. Through IBC, Cosmos has built an Interchain network that serves as an “internet of blockchains”.
By integrating Polkadot into Interchain, Cosmos can expand its reach and have access to Polkadot’s network. Access to the DOT network will enable projects built on the Cosmos network to use Polkadot’s parachains, supercharging their efficiency. This integration thus provides a win-win situation for both DOT and ATOM. It will enhance the accessibility and adoption of Cosmos while also pumping ATOM prices.
DogeMiyagi: Rewards Abound in the Future of Meme Coins
The link-up between Polkadot and Cosmos represents the innovative developments in the mainstream crypto market. The presale market holds even more promise with projects that hold the promise of great price runs. A project that stands out in the crypto presale market is DogeMiyagi. DogeMiyagi, a meme coin in presale, has captured the imagination of the market with its community-centred development plans. Embracing a community-centred approach, DogeMiyagi aims to become a full DAO network, empowering token holders with governance rights.
The network’s utility token, MIYAGI, is positioned to be a great asset with its multiple roles in the network. The token will power DogeMiyagi NFTs and incentivise the network’s contests. The token has a burn mechanism in place to ensure MIYAGI appreciates in value. The five stages of token burning on the network will bring down liquidity from over 96 trillion to a little over 9 billion. Additionally, DogeMiyagi’s lucrative referral program allows holders to earn a 10% commission when others purchase $MIYAGI tokens using their referral code.
The integration of Polkadot into Interchain and the interoperability offered by Cosmos reflect the mainstream market’s push for innovation. The development is also an affirmative answer to DOT investors, “Will Polkadot spike in 2023?” questions. Meanwhile, DogeMiyagi is a reflection of the promise that new projects hold with its community-centred development model. The project’s burn mechanism and referral policy are reasons enough to make it one of the best crypto presales.
For more about DogeMiyagi:
Website: https://dogemiyagi.com
Twitter: https://twitter.com/_Dogemiyagi_
Telegram: https://t.me/dogemiyagi