Overcoming The Bear Market Rally With Support from Polkadot and Dogeliens

By August 30, 2022 No Comments

The bear market 2022 came with a feeling that resembled a holiday event with an uninvited and certainly unwanted guest. No one saw it coming and in moments, it overstayed its welcome. While this questioning period has some cryptocurrency buffs pulling out of the game, newcomers and even people who wish to advance further have been presented with an opportunity to gather more profits than ever before.

If you’re looking for a coin with great long-run qualities, Polkadot (DOT) bares such a label. Even as a young face, it gained popularity rather quickly thanks to its provision of an interactive, open-source platform that allows developers to link and create blockchains, using the Polkadot system. There is also another potential tough guy with an open-source functionality that gives developers the edge in creating dApps and NFTs and it is Dogeliens (DOGET). If you want to find out more, keep reading.

Polkadot (DOT)

Polkadot (DOT) is a young cryptocurrency that functions as an open-source protocol that links unrelated blockchains, permitting the transfer of data and value. Polkadot (DOT) is designed to eradicate the need for an intermediary, whilst maintaining speed and scalability thanks to its utilization of numerous parallel blockchains (Parachains). The token (DOT) operates based on two main functions on the Polkadot platform; as a governance token, granting holders an opinion in the future advancements of the protocol and for staking, which is how transactions are verified and new DOT is issued. The DOT network possesses impressive speed that allows for over a thousand transactions to be processed in a mere second. Polkadot has a market cap of more than $6 billion and its quick ascension in ranks speaks to why it has been labeled as an “Ethereum Killer”.

Dogeliens (DOGET)

Dogeliens (DOGET) is a  cryptocurrency platform that aimed to build a community constructed on positivity, focused on lending a helping hand to others. Dogeliens (DOGET) is on a mission to provide users with an interactive, engaging cryptocurrency that is backed by the hype of the meme coin legends (DOGE, SHIB), but with something extra in the utility area so that it becomes a token-worthy of loyalty and trust. Users will be able to experience the wonders of the metaverse through the new games, educational content, and charity-sharing concepts provided by the platform.

Dogelien is an acclaimed master of DeFi (decentralized finance), operating as an open-source, decentralized medium for everyone, granting opportunities to stake and earn coins thanks to the peer-to-peer (P2P) nature of its cryptocurrency. The token of Dogeliens is $DOGET, which is backed by an abundant supply and relatively low cost, making it an ideal front for potential gain. DOGET holders will be given access to benefits including a place in the governance operations with the ability to vote on/for future changes on the platform and the recipient of the platform’s charity wallet weekly donations. The DOGET token also offers users the opportunity to obtain an education on all things cryptocurrency in their virtual classrooms with countless articles and video content and free basic education on subjects like mathematics and geography.

For any good house to be built, a great foundation is required. With a good base, mistakes and unfortunate outcomes can be avoided, so you must side with a coin like DOGET which has many prospective qualities much like DOT. Are you ready to jump right in?