Will Bitcoin Ever Come Back? How Dogetti can take advantage of the current crypto market
What’s happening in the crypto world, more specifically why do Bitcoin (BTC) predictions fluctuate so much? Bitcoin seems to be on a downtrend. However, it’s not all bad news for crypto enthusiasts everywhere. Altcoins are on the rise, and here’s why Dogetti (DETI) is worth the investment.
In the beginning it was Bitcoin
Bitcoin was originally launched in 2009 and it was the first ever cryptocurrency. Little did we know that it would change the course of how the world deals with finances forever. Since its launch, there has been a wave of altcoins on the market, but nothing can compare to Bitcoin. It was released in 2009 but started to take off later. In 2016, the value of Bitcoin was around $500, but by the end of 2020, Bitcoin was worth $28,000! Since then, it has proven its worth in the market. Although it can’t always be sunshine and rainbows, because lately Bitcoin has taken an unpredictable turn.
According to Forbes experts, Bitcoin could very well drop significantly this year to a value of $5,000 or could go the complete opposite direction and now peak at $250,000. There is no clear indication of which way the market may go. This is most likely due to Bitcoin’s rising interest rates. Given Bitcoin’s background, it is understandable that potential investors would be hesitant to participate in future Bitcoin investment opportunities, as the uncertainty of the token could cause people to lose funds.
Decentralized financial systems are a new and liberating way of managing money without the influence of an external governing body. As technology evolves into a new generation, an increasing number of people are leaning heavily towards cryptocurrency. With Bitcoin in freefall, it is up to altcoins to carry the crypto market.
The dawn of Dogetti
Don Eloni Dogetti has always been a very family oriented person and wants to do everything he can to ensure that his extended family members are well taken care of. Dogetti (DETI) wants all investors to manage their funds in their own way, which is why they have implemented many different ways to maintain a stable and steady income on the platform.
Non-fungible tokens (NFTs) are unique digital assets that represent the rights to digital content such as images, videos, music and more. On their platform, Dogetti (DETI) offers its very own NFTs in the form of digital dog trackers that can be purchased and exchanged within the Dogetti universe. Additionally, there are plans to enable these NFTs to multiply, which is likely to result in more NFTs and higher returns for investors.
In addition to this, Dogetti (DETI) allows investors to stake their tokens and receive a percentage of all transactions that come through the platform. Staking allows investors to earn additional income by simply holding tokens in their accounts.
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