Dogecoin (DOG)E and Xchange Monster (MXCH) are Set to Shoot for the Stars and Make Some New Millionaires

The sharp fall in cryptocurrency prices in May and June of this year has predictably led to a slew of negative headlines around the world. Just when it looked as though the tide was turning and prices were recovering, news emerged yesterday that a major crypto lender, Vauld, has suspended withdrawals.

The decision to freeze operations was made by Vauld, after users, spooked by prices plummeting, pulled nearly $200 million over the last 3 weeks.

Does this spell more bad news for crypto assets? Probably not, as experienced traders will know that times like this, when prices are low and there are doubts about the future of cryptocurrency, are the best times to buy.

Let's check out how meme coin behemoth Dogecoin (DOGE) is keeping the crypto flag flying, along with the new currency exchange platform, Xchange Monster (MXCH).

Dogecoin (DOGE) – You Can Teach an Old Dog New Tricks

Since its launch, Dogecoin (DOGE) has been a law unto itself; all it takes is a single tweet from the coin's biggest cheerleader, Elon Musk, and the price suddenly skyrockets. This is because, unlike all the other coins that it currently shares the top ten of the CoinMarketExchange with, it is a meme coin. Meme coins largely rely on publicity and social media influencers to push their prices up, rather than actual token utility.

This has its pros and cons. It's great when prices surge, but prices can fall just as quickly, making them a volatile investment.

Dogecoin's (DOGE) developers, along with its cheerleaders, are striving to improve the utility of DogeCoin (DOGE). Elon Musk's company, Tesla, is already accepting payments in DOGE for merchandise. There is also speculation that once Musk's imminent takeover of Twitter is complete, then advertising on Twitter will be available to purchase using DOGE.

There's more. In May, DogeDesigner released a new plugin that allows website owners to begin accepting payments in DOGE. The plugin allows over 455 million WordPress websites to utilise the WooCommerce plugin as an 'Easy Dogecoin Gateway'.

These kinds of real-world usages, along with Dogecoin's (DOGE) phenomenal popularity on social media and among celebrities, ensure that the crypto outperforms all expectations. It remains a fantastic investment moving forward, despite all of the doom-mongering in the mainstream press.

Xchange Monster (MXCH) – Potential for Monster Profits

Another project to be optimistic about is Xchange Monster (MXCH), a brilliant new crypto exchange platform.

With millions of active users around the world, the play-to-earn (P2E) gaming industry is very big business; and it's getting bigger all the time. In games like Axie Infinity and The Sandbox, players can collect and mint NFTs, buy and sell virtual land and win prizes in cryptocurrency. This coming together of gaming and decentralised finance is known as GameFi.

Most of these crypto games have transaction technology built on the Ethereum (ETH) blockchain. Due to such high participation from a vast amount of users, there is an enormous computational demand that the blockchain's technology cannot always meet sufficiently. This can lead to congestion in the communication of the nodes, resulting in slower and less reliable transactions.

This will not do! Gamers need their rewards fast, and they need to exchange their rewards for cash or crypto instantly.

This is where Xchange Monster (MXCH) steps up. The impressive new platform is engineered specifically to deal with all the problems that are currently slowing down the GameFi transaction processes.

The project is developed by a team of fully doxxed, highly experienced tech experts who are inspired to provide an all-encompassing crypto platform, offering solutions to gamers and game providers throughout the GameFi community.

Xchange Monster (MXCH) is a comprehensive exchange platform that operates as a decentralised payment gateway, offering faster and cheaper transactions than the current average.

Another feature is the easy-to-use Monster Wallet which allows users to effortlessly store crypto and fiat currency. This is already fully integrated on the exchange. 

You can follow the links below to get on board with the MXCH token while it is at its presale stage, and therefore a lot cheaper than it is predicted to be in the near future. Or perhaps you would rather buy some Dogecoin (DOGE), considering how bright the future looks for the famous meme coin. Both look like very wise purchases right now.

Learn more about Xchange Monster (MXCH):

Presale: https://xchangemonster.boostx.finance/register

Website: https://xchangemonster.com/

Discord: https://discord.gg/M5hu5HwbeJ

Telegram: https://t.me/xchangemonsterofficial

Twitter: https://twitter.com/Xchange_Monster

Dogecoin (DOGE):

Website:https://dogecoin.com/