Meme cryptocurrencies have always been in the news for their financial trends or the uproar they create across social media platforms. Despite the volatility that meme tokens have, investors have shown active interest in them. Such cryptos also constitute a substantial part of the fintech economy. Banking on the same growth and popularity, Dogeliens (DOGET) has entered the market to enhance the dog meme crypto narrative.
It is interesting to trace the evolution of the dog meme as a cryptocurrency and how it has pumped millions into the fintech sector.
Historical Success of Dogecoin (DOGE)
Dogecoin’s (DOGE) appeal derives from its status as a meme rather than from the technical qualities that other cryptocurrencies have used to advertise themselves. Although cryptocurrency is often thought of as being a complex subject, the entry of Doge’s (2013) most popular meme into the crypto space made it more approachable for new users. Dogecoin (DOHE) thus exists in two economies: the financial economy and the economy of cultural memes, with an unprecedented way in which both these economies work together to create a symbiotic fintech space. The distinctive cultural popularity of Dogecoin (DOGE) serves as an illustration of how blockchain might be effective in encouraging alternative payment methods.
Dogecoin’s market value reached an all-time high of $88 billion in 2021. Dogecoin (DOGE) has made its way to the top 10 cryptocurrency list and happens to be the only meme token on this list. At press time, it is valued at $0.06 and has a market capitalisation of $8.23 billion.
Dogeliens (DOGET) Takes The Meme Further
Dogeliens (DOGET) is a new cryptocurrency that is built on the dog-meme concept and it resonates with the idea to extend the crypto community the way it is expanding on the famous meme. The Dogeliens network is creating a wholesome platform for investors to have a say in which charity receives the weekly donations that Dogeliens (DOGET) will be generously contributing towards.
It is a completely decentralised and open-source platform. DOGET has been devised as a utility token to power and sustain the robust ecosystem that Dogeliens is building. By fusing the estimated $18 billion market value of meme cryptocurrencies with the appeal of the Metaverse and the GameFi sectors, the project hopes to draw fintech investors. By fusing the popular and lucrative benefits of P2E gaming and the Metaverse with the widespread use of meme currencies, Dogeliens (DOGET) aims to merge the two crypto economies.
Are Meme Tokens A Good Investment Idea?
Meme tokens have actively been speculated for being extremely volatile but this very unpredictability has also spelled big profits for investors in the past. If the meme token has raging popularity, has a well laid-out game plan, and is being recommended by experts, it could be a sound investment idea. With a meme economy that is growing daily, meme tokens are proving to be a great long-term investment option.
It is strongly advised to invest only as much as you can afford to lose and be backed by market research before locking down your investments in the fintech space.
Dogeliens (DOGET)
Presale: https://ufo.dogeliens.io
Website: http://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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