Will Dogeliens compete with Ethereum and BNB with its long-awaited NFT collection?
Ethereum (ETH) and BNB (BNB) have made their presence known in the NFT sphere, releasing pools that have generated millions of dollars in trading volume. Dogeliens (DOGET) appears to compete with this, releasing an NFT collection of 10,000 NFTs. This editorial will examine whether Dogeliens has what it takes to compete with Ethereum and BNB with its highly anticipated NFT collection. Let’s begin by examining the Dogeliens.
Dogeliens – Transforming The NFT Sector
Dogeliens have not been around for long. However, the new meme token has already made a significant impact on the cryptosphere. Dogeliens have shown their commitment to several important causes, education, charity and more! Dogeliens plans to educate the humanoid masses about blockchain technology, offering more educational resources for free!
As mentioned above, Dogeliens will release 10,000 unique NFTs that can reach the same heights as the BAYC and CryptoPunks collections. While holding Dogelien’s NFTs can grow your portfolio in the future, they also give holders access to exclusive incentives and benefits in the ecosystem.
Dogeliens will also be heavily involved in charity, taking 3% of every transaction fee and putting it into a dedicated charity wallet. The Dogeliens community will decide at the end of each month which charities will receive the funds.
Ethereum 2.0 improves OpenSea transactions
Ethereum has dominated the crypto NFT sector since the inception of OpenSea, Ethereum’s NFT marketplace. At the time of writing, the top twenty NFT collections are on the Ethereum network, showing its impact on the NFT sector.
With Ethereum’s newly upgraded technology, users can harness the power Ethereum is now capable of, including 100,000 transactions per second while remaining environmentally friendly. By switching to a Proof-of-Stake (PoS) consensus, Ethereum has reduced its carbon footprint by 99.95%.
Ethereum’s NFT dominance is likely to continue in the future. It has become a platform that can scale infinitely while maintaining high performance. When the NFT collections are released, Ethereum will likely be the platform that hosts them.
Can BNB challenge Ethereum for NFT dominance?
BNB also hosts an NFT marketplace on the Binance Smart Chain (BSC). Some of the most famous NFT collections are held on BSC, showing its dominance alongside Ethereum in the NFT sector. So, can BNB challenge Ethereum for NFT dominance?
BNB has put together a platform that includes everything from charity to NFTs. BNB charity covers a range of issues, from closing the poverty gap to ensuring equal futures for all. If BNB maintains its current status, the platform could grow in the future and challenge Ethereum for NFT dominance.
BNB is currently experiencing a positive trend, which at the time of writing is up by 8.49% in seven days. With cryptocurrencies historically performing well in the fall period, adding BNB to your portfolio through Q4 could prove beneficial.
Final thoughts
Ethereum and BNB have become NFT giants in the cryptosphere, holding all the collections in the top 90 NFT collections. Their dominance is likely to continue in the future as they consistently upgrade their technology.
However, Dogeliens could challenge the two crypto giants for NFT dominance with its highly anticipated NFT collection. The new platform has outlined its ambitions in its whitepaper, and the crypto community is excited to see this new token grow.
For more information on Dogeliens (DOGET), please visit the following links:
Advance sales: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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