Will The Crypto Winter Affect Dogeliens, Cardano or Litecoin?

Blockchain technology can yield a decent profit if the right research is done beforehand. Crypto winters make this task more challenging, as we’ve seen in the case of Bitcoin (BTC) and its plunge in 2022. A few tokens are made to sustain crypto winters, and this article will talk about three of them, namely Dogeliens (DOGET), Cardano (ADA) and Litecoin (LTC).

Who Let the Dogeliens (DOGET) Out?

2022 brings us a new doge-style token called Dogeliens (DOGET). This decentralised blockchain offers decentralised finance (DeFi) services to its users whilst being transparent. Dogeliens has the Dogeliens Academy that educates “Dogelien pups” on cryptocurrency.

Since Dogeliens considers the metaverse to be an important element, the Dogeliens Academy has an organised virtual classroom that educates people, making even a novice in this field become an expert. The native cryptocurrency is called the DOGET and is used as a form of payment, among other functions in the ecosystem.

Although basic education in the Dogeliens Academy is free, the native Dogeliens token (DOGET) is necessary as a form of payment for some parts of the academy, which asks users for a small fee or membership as payment.

Quality users can expect to find the Dogeliens Academy is of high value with each part of the cryptocurrency world covered in great detail. The goal here is to make Dogeliens a one-stop ecosystem for blockchain technology and cryptocurrency information to the regular “humanoid”.

Purchasing Dogeliens tokens in presale comes with astounding bonuses such as a 10% bonus being rewarded to users who purchase the tokens in stage 1 of presale and another 8% bonus for a stage 2 purchase.

Will Cardano (ADA) Continue to Rise?

Cardano (ADA) is a third-generation blockchain that employs the proof-of-stake (PoS) consensus mechanism making Cardano highly efficient with transactions. Cardano is also scalable. Cardano allows for interoperability, unlike the proof-of-work (PoW) based Ethereum (ETH) or Bitcoin (BTC) blockchains that are currently facing scalability problems, excessive fees and energy issues. These are problems Cardano has already addressed, making Cardano feasible for many cryptocurrency users.

Cardano is built in a way to decrease energy expenditure to a minimum when the block production process takes place within the Cardano ecosystem. Cardano’s protocol does this by removing the requirement for hash power. The Cardano token ADA is the native cryptocurrency launched in 2017 and is the powerhouse behind Cardano. There are 45 billion Cardano tokens (ADA) circulating, and the market for Cardano is currently showing a roughly 11.43 per cent decrease within the last 7 days.

Litecoin (LTC) Digital Silver

Litecoin is a cryptocurrency that focuses on transparency, decentralisation and speed in executing transactions. Litecoin’s commitment to transparency is seen by its open-source design and Litecoins are known for their speed of processing transactions which can sometimes reduce security due to lesser transaction verification levels.

This allows Litecoin to have a confirmation time of fewer than three minutes, unlike Bitcoin’s (BTC) 10-minute time. Litecoin is used by merchants who conduct small businesses and don’t require too much security for the transactions they conduct. The token was made in 2011 by Charlie Lee and is still making it to the top 20 cryptocurrency capitalization list to this day.