Three Cryptocurrencies To Invest In Amid The Ongoing Bear Market – Dogecoin, Shiba Inu and Dogeliens Token – Analytics Insight

Posted under Cibercommunity, Technology On By James Steward

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Since the bear market began in the summer after crypto markets crashed alongside global financial markets, members of the crypto community have experienced difficulty performing daily crypto activities, such as trading and investing. This is largely down to the extreme market volatility and negative prices that are synonymous with bear markets. As a result, crypto regulars are left with no choice but to explore various strategies and solutions that can ensure the safety of crypto assets and the continuity of businesses.
An example is a long-term cryptocurrency purchase, a strategy that allows crypto assets to vest and accumulate profits over a long period. With this strategy, crypto investors can ensure their portfolio is protected against the effects of the bear market and profit generation is ensured. This piece discusses three cryptocurrencies that could make fantastic crypto investments in the current climate. Here’s all you need to know about Dogecoin (DOGE), Shiba Inu (SHIB) and Dogeliens Token (DOGET).
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Dogecoin (DOGE) is a prominent crypto within the cryptocurrency industry and a pioneer of the meme coin space. Often hailed as the original meme coin, the token possesses attractive features, such as impressive speeds for transactions, low costs and improved scalability, high enough to rival industry leaders such as Bitcoin and Ethereum.
Dogecoin is often used on popular streaming platforms, such as Reddit and Twitter, as a tipping service for valuable content and content creators. DOGE is a top ten cryptocurrency with market cap, and it possesses stocks listed on several prominent crypto platforms within the industry, such as Binance, Coinbase and Huobi.
Shiba Inu
Shiba Inu (SHIB) is the native cryptocurrency of the Shiba Inu ecosystem, a popular initiative within the cryptocurrency industry that seeks to foster decentralized community building and community interaction. Within the Shiba Inu ecosystem, Shiba Inu (SHIB) provides utility and facilitates several crypto operations, such as network governance, user interaction and payment fees.
Its success has sparked several copycats within the industry, some of which include BitShiba, Shibavax, Captain Shibarrow and more. Shiba Inu is a top twenty cryptocurrency by market cap and, as such, is listed on several top crypto platforms within the cryptocurrency industry, such as Binance, Coinbase and Huobi.
The Dogeliens Token (DOGET) is an upcoming meme currency within the cryptocurrency industry that has recently become the subject of excitement and anticipation. The token boasts several attractive features, such as a massive supply and an attractive roadmap that makes it ideal for long-term cryptocurrency investing in the current climate.
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Native to the Dogeliens crypto platform, Dogeliens Token (DOGET) acts as both a utility and governance token, incentivizing the network and facilitating network governance, user interaction and payment fees. Dogeliens Token (DOGET) is currently in the second stage of it’s presale and is available for purchase by the general public. For more information on the Dogeliens Token (DOGET), click here.
Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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