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Ethereum (ETH) and Solana (SOL) have remained at the top of the crypto market due to their groundbreaking technology, high performance, and trustworthy developers. Each platform is consistently evolving its technology to help users get the most out of their services. Recently, Ethereum and Solana surged in value, showcasing their high return potential.
Dogeliens (DOGET) is a new cryptocurrency trying to bring users back to the Play-to-Earn (P2E) market. The platform is so much more than just a game. It is a platform for education, working closely with charities to educate underprivileged areas. Does Dogeliens have what it takes to bring users back to the P2E market? Let's find out!
The Dogeliens game takes place on the planet, Puptopia. To access Puptopia, you need your very own Dogelien pup. The pups are accessible on the internal NFT marketplace. Once you have your Dogelien pup, you can explore the magical land of Puptopia. The aim is to battle your pup against others to increase its rarity. You can do this with friends or by yourself!
However, if you don't want to make your precious Dogelien pup fight, you can always take it for a walk around Puptopia. The land is filled with rare fruit and flowers you can harvest and make into cool accessories for your pup. Conversely, you can sell these items on the internal NFT marketplace for a profit!
As mentioned above, Dogeliens works closely with charities to help underprivileged areas receive an education. Dogeliens also has a charity wallet, with the community deciding which charity receives the tokens each month. 3% of each transaction fee goes straight into the charity wallet to keep it full.
Solana is considered a viable alternative to Proof-of-Work (PoW) platforms that are notorious for slow transactions and low scalability. At its peak performance, Solana can process up to 50,000 transactions per second (TPS), with over 100 billion transactions processed thus far.
Although Solana has been the victim of a data breach in recent times, the network has bounced back. Solana is seen as a trustworthy competitor to other blockchains due to its high level of performance and cheap service. The average cost of each transaction on the Solana network is only $0.00025!
Solana has surged in value over the past seven days. The crypto giant sits comfortably as the ninth-largest cryptocurrency by market capitalisation. Solana has risen by 3.82% at the time of writing, bringing its market capitalisation to $11.9 billion.
Ethereum has recently gone under a massive technological upgrade. The Ethereum 2.0 merge saw Ethereum swap its outdated PoW consensus for the modern Proof-of-Stake (PoS) consensus that allows it to reach 100,000 TPS. Additionally, Ethereum has become more environmentally friendly, reducing its carbon footprint by over 99%!
The switch comes at a good time as cryptocurrency is now being held accountable for its negative impact on the environment. Ethereum has made the switch that could see it compete with Bitcoin (BTC) for the top spot as Bitcoin still uses the energy-consuming PoW consensus.
The news of the successful merge has helped Ethereum increase its market capitalisation. Users can now stake their ETH to earn rewards on the platform. Because of this, more crypto enthusiasts are purchasing Ethereum, helping it increase in value by 4.06% in seven days at the time of writing.
Ethereum and Solana surging in value come as no surprise. They have both developed vibrant ecosystems that are in the position to scale effectively in the future. Their high return potential makes them viable options for your portfolio in Q4.
Additionally, Dogeliens could bring a wave of users back to the P2E market. The game it has developed is fun, engaging, and appeals to the 18-34 demographic 38% of gamers are in. Its commitment to charitable organisations is inspiring, potentially attracting celebrity attention in the future.
Presale: https://ufo.dogeliens.io
Website: http://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
