It is known by many that cryptocurrency came to life in 2009 with the creation of Bitcoin (BTC). However, further studies indicate that cryptocurrency was a form of digital currency that has been in the making since the 1980s. With the growth of the internet and further advancements in technology, saw the creation of cryptocurrency become a reality.
The world of crypto as we speak expands across 22,500 currencies trading in the market and is an industry expected to be worth nearly $12 billion by 2030. Given its ability to provide a secure and digital alternative to traditional currencies, cryptocurrency today has become a major player in the global financial system and is largely used for transactions, investments, and as a store of value.
As the cryptocurrency market has begun gaining momentum toward its next bull cycle, investors may consider ApeCoin (APE), Internet Computer (ICP), and the new meme token Dogetti (DETI) as likely investments for 2023.
ApeCoin, Standing Strong With A Powerful Rally
ApeCoin (APE) is an ERC-20 governance and utility token which allows holders to participate in ApeCoin DAO within the APE Ecosystem and gives its participants a shared and open currency that can be used without centralized intermediaries.
ApeCoin’s price has been met with steady upward movement over the past week at a growth rate of 16.57%. Its price rose by a further 2.71% over the past 24 hours to trade at $5.87 at the time of writing after having traded in red at $4.80 a week earlier.
When written, ApeCoin held a market capitalization of $2.16 billion and a 24-hour trading volume of $139 million.
Dogetti: Transparency, Trust & Longevity
Dogetti (DETI) is a new meme coin built on the Ethereum Network with the vision that it would be owned and controlled by the community, with the express goal of shifting wealth into the Decentralized Finance (DeFi) ecosystem and creating a sense of belonging and shared purpose among its holders.
In its whitepaper, Dogetti has broken down its tokenomics which shows a total supply of 100 billion tokens, of which, 50% will be allocated toward presale, 10% for marketing, 15% as exchanges, 15% toward DogettiSwap and 10% towards Dev.
Dogetti was created with the idea of establishing a resilient ecosystem where the Dogetti Family, as its community is referred to, can trade Dogetti, trade NFTs, and work towards a common goal of creating wealth. DogettiSwap, Dogetti’s flagship feature, allows users to swap any ERC-20 token with a 6% tax fee on every transaction. 2% of this will be redistributed to all Dogetti token holders, 2% will be added to the charity wallet and the remaining 2% will be split between the liquidity and burn wallets.
Dogetti is currently in stage 1 of its Initial Coin Offer (ICO), and so far has raised $194,819 and will proceed to the next stage once it reaches $500,000 in presale tokens. Dogetti is offering a limited-time bonus code ‘WISEGUY25’ which buyers can use to receive 25% extra tokens with a DETI purchase.
Internet Computer, 24-Hour Downturn Amid 7-Day Rally
The Internet Computer (ICP) blockchain incorporates a radical rethink of blockchain design where developers can build decentralized online systems and services entirely on the blockchain, without using centralized traditional IT. The Internet Computer provides “canister” smart contract functionality which uniquely pays for its computation using a “reverse gas” model.
Internet Computer has seen a steady 7-day rally at a rate of 36.60% percent but did see a drop of 8.88% over the past 24 hours to trade at $7.25. At the time of writing, ICP held a market capitalization of $2.1 billion and a 24-hour trading volume of $140 million.
Find out more about Dogetti (DETI):
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.