As the crypto industry expands its growth, more and more institutional backers are joining the trend. This means that tokens such as Solana (SOL) and Cosmos (ATOM) have an excellent chance to land big in the foreseeable future.
With that said, today, you will go through such tokens and decide if they are worth holding. You will also take a look at Dogeliens Token (DOGET) and, in the end, determine if it’s on par with its reputation. So, let’s find out!
What’s Special About Solana (SOL)?
Smart-contract cryptocurrencies are becoming a norm, and Solana (SOL) leads from the front. It’s a decentralized token most famously known as “Ethereum (ETH) Killer” because of its on-chain incentive. SOL was started in 2018 by a guy named Anatoly Yakovenko. He wanted to future-proof blockchain technology, which he archived by the end of 2020.
SOL’s main net went live; until then, it has been a top-ranking crypto project on Coinmarketcap. As discussed, SOL’s main utility lies on the blockchain side of things. It uses its clever proof of history (P-o-H) protocol and allows on-chain transactions and network scalability.
Thanks to its unique on-set, SOL is also subjected to low transaction fees, which are relatively less when compared with something like Ethereum (ETH). Nonetheless, SOL is widely utilized in the NFT marketplace, while its ATH peaked at the beginning of 2021.
What’s Special About Cosmos (ATOM)?
The next project on the list has received significant growth over the years, which is non-other than Cosmos (ATOM). Like SOL, it was created to solve scalability-related issues and provide an ideal platform for a decentralized setup.
Two leading developers-initiated ATOM, Jae Kwon and Ethan Buchman. Later on, the project was handled by Tendermint Inc, and by the end of 2019, ATOM’s main net went operational. ATOM is built on the Proof of Stake (PoS) consensus algorithm. It uses special nodes to make its native blockchain secure and functional. This is why it hasn’t been breached in the crypto space.
Moving to tokenomics, ATOM’s supply has been maintained at 2 million, with a significant portion locked in staking rewards. Its highest recorded price was $42 when the bull run was at its peak.
What’s Special About Dogeliens Token (DOGET)?
Finally, there is Dogeliens Token (DOGET), a meme crypto coin whose growth is correlated with community support. What separates this project from the competition is its Defi incentive. It’s created to work over the current decentralized system and provide the users with better on-chain utility.
Additionally, DOGET is one of the few tokens which a strong foundation in the NFT marketplace. Its unique NFT collectibles could soon hit the market and be available to the mint for its loyal audience. What’s more, is the fact that DOGET is built around the Binance Smart Chain.
It’s not an ERC-20 token like most meme currencies and relies on complete transparency. As for the on-chain supply, DOGET will be functional at around 25 billion coins. More than half of this supply would be available in the launch sale.
How To Buy Dogeliens Token (DOGET) In Pre-sale?
To hold Dogeliens Token (DOGET) while it’s still in the launch phase, move to their official page and connect your crypto wallet. Now add sufficient funds, and your selected DOGET tokens will be available to withdraw after confirmation.
All in all, these were some of the crypto projects with a solid institutional liking. Conversely, coins like Dogeliens Token (DOGET) with decent tokenomics suggest it could withstand the current bear market. If everything goes according to plan, it even has the chance to be listed in popular exchanges.
To learn more about Dogeliens Token (DOGET), you can visit the following links:
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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Source: https://www.thecoinrepublic.com/2022/11/15/solana-cosmos-are-receiving-institutional-support-but-can-dogeliens-take-the-spotlight/