Dogecoin, Shiba Inu Hypeship Crashes As Rocketize Dodges $233 Billion Market Loss

Dogecoin, Shiba Inu Hypeship Crashes As Rocketize Dodges $233 Billion Market Loss

Houston, we have a problem.

According to CoinGecko.com statistics, from the 5th of November to the 10th of November 2022, the crypto market lost a whopping $233 billion. From $1 trillion to just $878 million in market capitalization over the course of a couple of days.

As the markets begin to recover from the meteor-like impact of the FTX exchange collapse, cryptocurrencies Dogecoin (DOGE) and Shiba Inu (SHIBA) are feeling the g-force of returning to pre existing levels.

Meanwhile, the new crypto Rocketize is whizzing through its presale at lightning speed, completely unaffected by the market's crash. As established meme coins fail to take off the ground, is it time to begin investing in promising presale cryptos?

Dogecoin, Prepare For Landing

At the end of October 2022, Dogecoin was shooting for the skies. Its engines were rumbling, the token value was increasing, the market capitalization kept getting higher, the Dogecoin rocket was shaking, and everyone was watching, anticipating Dogecoin's return to its former glory. That was all until something went drastically wrong.

On the 1st of November, Dogecoin began to fall. And fell it did. From a market capitalization of $20 billion to $9 billion, Dogecoin crashed from the skies and into red depths.

While some have blamed the FTX exchange collapse, and others the drama surrounding Elon Musk's takeover of Twitter, Dogecoin is now back on the ground and will be for a while now.

Shiba Inu: Mission Failed, We'll Get 'Em Next Time

Shiba Inu has been involved in a space race with Dogecoin since the very start of its existence. Labeled rather threateningly as the 'Dogecoin Killer', Shiba Inu had better tech, better operational control, and better knowledge than clunky old Dogecoin.

But as it turns out, better tech, such as a deflationary tokenomics model, and a more in-depth ecosystem are not always enough to win the meme coin space race.

Following the FTX crypto crash, Shiba Inu is still down by 23.67% over the last seven days, according to CoinMarketCap.

Rocketize: To Web3 Infinity And Beyond!

As we all know, although dogs were the first to space, it was humans that sent them there, and equally, it was humans that furthered the space race.

This is why Rocketize will capitalize on an unexplored frontier of the meme coin market: non-dog-based meme currencies.  With its native token, JATO (shorthand for Jet Assisted Take Off), Rocketize is burning its engine, ready to shoot past its meme token competitors.

The burning will not just be metaphorical but literal. Rocketize operates a deflationary tokenomics model in which JATO will be burned to increase the value of its native token. Just like rocket fuel, JATO will take its community to greater cosmic heights.

But don't fear, JATO will also be redistributed to its holders (thanks to the 2% tax applied to all transactions). In simpler terms: 1% to reward its holders and 1% to fuel this rocket of a token.

Another innovation of the crypto meme sphere will be Rocketize utility as a community meme token. The Atomic Nation, the official name of the Rocketize community, is the driving force behind the current development of a crowdfunding mechanism for content creators, artists, and inventors. Moreover, an eCommerce platform is also in development to support meme trading card NFTs.

How Presale Meme Coins Can Miss Market Crypto Crashes

Presale meme tokens like Rocketize are experiencing no turbulence due to their position outside the market. Having not been publicly released yet, Rocketize is offering crypto astronauts exclusive rewards and bonuses for participating in its presale.

Equally, demand remains high for presale coins, as when each stage is completed, the price of the token increases. Investors typically want to buy into a currency when the price is low and sell when it is high. For this reason, presales can prove effective for both the token and its holders.

Rocketize is on course for a galactic victory amid Dogecoin's and Shiba Inu's crashes. As the Rocketize team stated in their whitepaper: "Rocketize Token will do for BSC and DeFi what Neil Armstrong did for Mankind.

For more information on this project:

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