Dogeliens (DOGET) has been making huge impressions in the cryptocurrency market lately, and this has been affecting other rival memecoin communities, as they depend chiefly on their user base for sustainability.
Now, Dogeliens’ (DOGET) developers have started a giveaway contest, with $10,000 up for grabs in the community. The media stunt is an essential part of a meme coin’s existence, and we will be reviewing the impact of the giveaway on Dogeliens’ closest meme token rivals, Shiba Inu (SHIB) and Floki Inu (FLOKI).
Shiba Inu (SHIB)
Shiba Inu (SHIB) was developed and launched in 2020 by an anonymous developer to rival the biggest memecoin, Dogecoin. However, the token lacks a structure, as it is neither DAO nor developer-owned, and experts have suggested this has contributed to Shiba Inu’s standstill position.
Like many other meme coins, Shiba Inu (SHIB) relies on its community for relevance in cryptocurrency due to its scanty protocol. As a result, Dogeliens’ (DOGET) giveaway stunt will affect the community to some extent. The community has plans to convert the platform to a DAO and upgrade the incubator to a full-fledged NFT marketplace.
Currently, Shiba Inu (SHIB) sells for $0.000011 on CoinMarketCap.
Floki Inu (FLOKI)
Floki Inu (FLOKI) is another top-grossing memecoin in the cryptocurrency market, and it is focused on providing clarity and utility to poorly developed areas worldwide and its users. Although the protocol is more robust than Shiba Inu, Floki Inu (FLOKI) is likely to be affected by Dogeliens’ giveaway contest.
Floki Inu (FLOKI) intends to offer charity to less developed regions by building schools and facilitating quality education in such areas. At the same time, the token will provide opportunities to its members through its Metaverse game, Valhalla, a play-to-earn gaming software that offers advanced graphics and a great experience overall.
FLOKI is listed on CoinMarketCap for $0.000007.
Dogeliens (DOGET)
Dogeliens’ (DOGET) developers have started a giveaway contest, with plans to prepare the site for launch in the next few months. The giveaway is to appreciate the community for their contributions to the project’s success and attract more users to the project. The reward pool contains $10,000, split among the winners after three weeks. Only users holding over $20 worth of DOGETs will be eligible for the draw by November.
Other steps the developers have taken to prepare Dogeliens (DOGET) for launch include auditing and integrating smart contracts into the platform’s interface. Dogeliens (DOGET) will be a cross-chain, as well as an interplanetary-level token, so transfer to any chain will be possible. Also, the token is listed on top chart systems, CoinMarketCap and CoinGecko, where it will be accessible to more users in the cryptocurrency market.
The objectives of the Dogeliens (DOGET) token include the following:
- Reaching out to as many people as a memecoin.
- Providing utility so it stays relevant in the cryptocurrency market.
- Giving back to society through charity.
The token as a memecoin will be easily accessible to people from all classes, making it a universally accepted token. This will be instrumental in fulfilling the token’s interplanetary ambitions.
The utility policies lie in the three-part ecosystem. The first is Spaceship, a Metaverse platform that supports gaming and NFT creation. The NFTs generated can be used in the games or sold to other users. The University of Barkington is to show users the importance of DeFi and how to make profits from the crypto space. Finally, the platform will include a store called the Pupstore for displaying NFTs generated by the developers. The three components will attract users from the crypto space to the network as soon as they are launched and operational.
Here’s a chance to join the Dogeliens (DOGET) ecosystem. Get your DOGET tokens here and enter the giveaway contest to stand a chance to win big.
Disclaimer
Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
Source: https://www.thecoinrepublic.com/2022/10/30/dogeliens-to-draw-investors-from-rivals-shiba-inu-and-floki-inu-as-developers-launch-giveaway-contest/