Early 2022 saw many altcoins lose value, thanks to the 2022 crypto collapse. However, Analysts believe that the massive crypto crash that gripped the whole cryptocurrency market in 2022 is a sign of an impending bull market in the future. Here, we’ve gathered a few tokens, like Dogeliens (DOGET), Cardano (ADA), and Loopring (LRC), that analysts predict will perform well in the anticipated bull market.
Cardano, A Great Alternative To Ethereum
Cardano (ADA) is among the cryptocurrency industry’s most popular blockchains and is home to numerous DEXs in the cryptocurrency market.
Nicknamed an “Ethereum Killer,” Cardano (ADA) is a more scalable, more sustainable, and interoperable blockchain designed to address the flaws and challenges of the Bitcoin (BTC) blockchain and the previous Ethereum (ETH) network.
A major criticism of these legacy ecosystems is that they run on a proof-of-work consensus mechanism, which isn’t energy efficient. ADA solves this problem by leveraging the proof-of-stake consensus mechanism, a more energy-efficient approach.
Powered by the ADA token, the Cardano ecosystem’s native coin, Cardano (ADA), uses staking, a process in which network users deposit predetermined amounts of cryptocurrency in exchange for the opportunity to participate in the blockchain’s administration (governance and transaction validation).
Loopring: Offering Solid Support For Decentralized Exchanges
An Ethereum-based crypto platform, Loopring (LRC), which debuted in 2017, is among the oldest and more established DeFi projects despite its recent rise in popularity.
Loopring (LRC) came into the limelight as cryptocurrency prices surged in November 2021. Many crypto users may also remember it for its exchange, Loopring Exchange, which helps traders circumnavigate Ethereum’s high transaction fees.
Developed by Daniel Wang, an ex-Google software engineer, Loopring (LRC) seeks to speed up and reduce the cost of payments and asset trading on the Ethereum blockchain without compromising security.
More specifically, Loopring (LRC) is a protocol for building order book-based, non-custodial, decentralized exchanges (DEX) on the Ethereum blockchain. It routes and processes trades, matching buyers and sellers at a market price without requiring possession of the buyers’ or sellers’ funds.
This contrasts with centralized exchanges (CEX), where users must deposit funds with the exchange before it can execute trades on their behalf.
Dogeliens Is Potentially The Cryptocurrency Market’s Next Big Thing
Dogeliens (DOGET) is an emerging meme coin based on rare species of alien dogs.
Dogeliens (DOGET) aims to build a robust community, incentivizing them with various offerings. For example, Dogeliens (DOGET) will introduce a metaverse where users can communicate and take advantage of other platform capabilities.
Furthermore, Dogeliens (DOGET) will allow users to benefit from its DeFi features, such as staking and trading. Additionally, users will be able to mint NFTs.
Other features include the platform’s University of Barkington crypto learning resources. Here, users will access DeFi information and earning opportunities that Dogeliens (DOGET) provides.
Dogeliens’ native DOGET coin will power all platform interactions and governance. Users can also hold the token for potential gains in the future.
Dogeliens (DOGET) pre-sale is currently ongoing. Early adopters will have much to show for it if it fulfills all its promises at launch.
Dogeliens (DOGET) is ambitious and has all it needs to become the next big thing in the cryptocurrency market. With its unique strategy, Dogeliens (DOGET) aims to give users an edge alongside Cardano (ADA) and Loopring (LRC) in the next anticipated bull market.
To learn more about Dogeliens (DOGET), follow the links below.
Join Pre-sale: https://buy.dogeliens.io
Official Website: http://dogeliens.io/
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.