This editorial piece will examine what we believe are the best three cryptocurrencies to purchase in February. They are Chainlink (LINK), Dogetti (DETI), and Stellar (XLM). These cryptocurrencies are on this list due to their expansive ecosystems filled with utility and positive trends at the start of 2023.
Chainlink and Stellar are two established crypto platforms that reside in the top 30 cryptocurrencies by market capitalisation. They have a special set of characteristics that keep them relevant in today’s market, hosting large and loyal communities.
Dogetti is new to the crypto market, currently in the first phase of its presale. The meme token platform is expected to grow as large as Dogecoin (DOGE). Let’s find out more about why these platforms should be on your portfolio through February.
Can Dogetti Become The Next Dogecoin?
Unlike most meme tokens, Dogetti hosts an ecosystem with utility. The platform will include a myriad of tools and services in its ecosystem that allows its users to access multiple sectors of the crypto market.
Some of these sectors include a Decentralised Exchange (DEX), an NFT marketplace, and a Decentralised Autonomous Organisation (DAO). The DEX will allow users to swap any ERC20 token with another, using Uniswap (UNI) to ensure secure trades with high liquidity.
The Dogetti community will be called ‘The Family’. This will help Dogetti users feel like they are part of something unique in the crypto world, as Dogetti prioritises its community. As mentioned previously, Dogetti will host a DAO, allowing users to vote on proposals concerning the platform’s future.
Chainlink Sees High Trade Volume
Chainlink is on this list due to the amount it has been traded in the past twenty-four hours. This token has become extremely popular among crypto enthusiasts, experiencing a $495 million trade volume in the past twenty-four hours.
This trade volume is a 98.84% increase from its previous trade volume twenty-four hours ago. This information has led experts to believe that Chainlink could be due for a price rally in the coming days.
Chainlink was one of the first platforms that allowed the integration of off-chain data into smart contracts. Due to its involvement in this area, the Chainlink platform has attracted attention from trusted data providers, including Huobi and Brave New Coin.
Stellar Is Out Of This World
Stellar was introduced to the crypto market as a peer-to-peer decentralised network in 2014. The network was developed by The Stellar Development Foundation and was created by Jed McCaleb and Joyce Kim after they left Ripple (XRP).
The platform is simple to use, making Stellar the perfect platform for newcomers to the crypto market. Additionally, Stellar is capable of confirming transactions within 3-5 seconds, facilitated by the Stellar consensus mechanism. This allows Stellar users to access a scalable network that remains decentralised and easy to use.
Stellar entered a positive trend in February, showcasing its ability to provide fruitful returns for its holders. The Stellar platform has increased its market capitalisation by 4.02% in the past twenty-four hours at the time of writing, making it one of the top cryptocurrencies to buy in February.
Picking which cryptocurrencies to add to your portfolio is not an easy task. The market is volatile and can change at any moment. However, Chainlink, Dogetti, and Stellar have made this list due to their innovative features, expansive ecosystems, and their ability to generate hype around their platforms.
Dogetti also offers 25% bonus tokens to new users who purchase during the presale. Use the ‘WISEGUY25’ promotion code at the checkout to receive yours!
For more information on Dogetti (DETI), please visit the following links:
*This article has been paid for. Cryptonomist did not write the article or test the platform.