Could Bitcoin and Dogecoin’s success pave the way for new coins in Crypto like Dogetti | Atalayar
Bitcoin (BTC) and Dogecoin (DOGE) are two cryptocurrencies that stand out as the first of their kind. Bitcoin is the original cryptocurrency and Dogecoin is the first meme coin to hit the market. But how could the success of these two coins pave the way for alternative coins like Dogetti (DETI), a brand new dog commemorative coin on the market?
It all starts with Bitcoin
Bitcoin is the cryptocurrency that paved the way for everything that followed and there were many that followed. The crypto industry is something that has received a lot of attention in recent years. During this digital revolution, more and more people are turning to cryptocurrency and blockchain technology. There is something about the decentralized aspect of cryptocurrency that entices people to be able to take full control of their finances without government influence and bystanders.
Bitcoin has driven the crypto game for well over a decade, since 2009. There have been many altcoins on the market since its launch, but sometimes it’s important to pay tribute to where crypto began. Bitcoin has had large fluctuations in value since its inception. Back in 2016, Bitcoin’s value was at $500, but since then it has been the victim of intense fluctuations between $27,000 and prices as high as $65,000 in the latter part of 2021.
However, by 2022, Bitcoin fell by almost 75%, sending the crypto world into a frenzy. The volatility of the coin has not deterred potential investors, but Bitcoin is often used as a standard payment method for common worldwide transactions because it is so popular. Basketball players have signed contracts that accept Bitcoin as a payment method in the past.
Dogecoin: Every dog has its day
Another first for the crypto world is Dogecoin, the first meme coin in the crypto space. A popular internet craze that swept social media in 2009 gave rise to Dogecoin. The meme featured a Shiba Inu dog giving the camera the side eye while surrounded by snarky remarks like “lots of swag” or “so cool.” It was a joke, just like Dogecoin at first; it was meant to be a light-hearted parody of Bitcoin, but it soon went viral on social media after notable figures like Tesla CEO Elon Musk and veteran musician Snoop Dogg paid tribute to it. Since the launch of Dogecoin, there has been a wave of copycats (or copydogs!) dog meme coins on the market, much like the Shiba Inu (SHIB).
The structure of the Dogecoin design was built to be an elevation of the Bitcoin idea. It was designed to be faster and more efficient. In addition to this, Dogecoin has far more coins in production than Bitcoin. Bitcoin only has 21 million coins in rotation today, while Dogecoin has a whopping 130 billion coins along with another 10,000 mined every minute.
Dogetti: New Dog On The Block (chain)
A brand new family has just moved onto the blockchain, The Dogetti Family, consisting of five mafioso-born men who pay tribute to the world of crypto. Don Eloni Dogetti, the man himself, wants nothing more than to set up a DeFi ecosystem that all extended family members can participate in.
Dogetti deserves to run with the pack in this dog meme-dominated crypto community. But what makes Dogetti stand out from the rest? NFTs also known as Non-Fungible tokens are the latest craze in the decentralized space. These Dogetti puppies are designed specifically and uniquely for each individual. Developers promise to allow the Dogetti puppies breeding abilities soon, thus making room to create more unique NFTs that can be bought, traded and sold in the Dogetti universe.
Despite ties to the mafia, Don Eloni is a generous wise guy, and therefore two percent of all Dogetti transactions are then redistributed to a charitable wallet. Investors can then decide which charities will receive the funding in that wallet.
For more information on Dogetti (DETI):
Pre-sale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
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