With the recent plunge in cryptocurrency prices, crypto buyers and investors have developed more appetite for cryptocurrencies with clear use cases and profit generation models. This is why the leading coin, Binance Coin (BNB), has permeated the cryptocurrency markets, and Dogeliens (DOGET), in all its real use utilities, may well be on that path too.
Binance is a super versatile crypto platform that features several real use cases such as BNB for Binance Exchange and Binance Decentralised Exchange (DEX) for transaction payment on BNB Beacon Chain and BNB Smart Chain. The native coin of BNB Beacon Chain (former Binance Chain) and BNB Smart Chain (former Binance Smart Chain) is BNB, the third-largest cryptocurrency in terms of trading volume after Bitcoin and Ethereum (ETH).
Before Binance Coin’s mainnet launch, it existed as an ERC-20 token operated on the Ethereum (ETH) network. With the BNB coin, users can pay for goods and services for online and offline purchases. Users who use Travala.com can also book hotels and flights using BNB.
Earlier in June 2022, Binance secured a new $500 million investment fund supported by top global institutional investors such as DST Global Partners, Breyer Capital, and Whampoa Group.
The new fund demonstrates part of the company’s efforts to extend BNB use cases and drive Web3 growth and better blockchain technology for users and traders. According to CoinMarketCap, at the time of writing, BNB’s price is $219.30 with a 24-hour trading volume of $1,327,927,260, up by 0.83% in the last 24 hours. Despite the plunge in cryptocurrency prices, BNB has managed to offer returns to traders and stay resilient in the cryptocurrency markets.
Dogeliens (DOGET) is an open-source peer-to-peer (P2P) cryptocurrency that allows buyers and sellers to exchange their currencies with zero interference or to execute trades online securely and anonymously with comparably lower fees and without the need for third parties or intermediaries.
DOGET has an abundant supply and offers transactions at a low cost. This simple fact makes it a viable investment for any trader or investor seeking to unlock its upside potential. According to the whitepaper, Dogelien’s mission is to provide people with a fun cryptocurrency that carries on the meme coin hype of Dogecoin (DOGE) and Shiba Inu (SHIB) but with an added utility to become what token users can believe in.
The goal, in the long term, is to invade the Metaverse with the hope of providing new games, new charity initiatives, and educational content.
DOGET will provide users with many different use cases. One of the most compelling use cases is the University of Barkington and Dogeliens Academy, where users can enroll in the platform’s virtual blockchain educational center and enjoy a diverse program of fun study, learning everything from the blockchain world NFTs, and even DeFi. The goal is to help crypto enthusiasts understand and appreciate the world of cryptocurrency.
As part of efforts to sustain the longevity of the DOGET token, some sections of the Dogeliens academy will only be accessible through a fee or membership, which can be purchased with DOGET tokens. Again, every holder of Dogeliens can mint their very own Dogelien NFT and then use it on the platform’s very own P2E game. The platform’s planet Puptopia features a P2E game where users can battle their Dogeliens against others and even team up with up to 3 other friends in the Pup-Litter (squad) mode.
It also includes an upgradable NFT feature that helps you constantly improve your Dogelien pup and make it more valuable. Dogeliens plans to merge the two crypto industries of metaverse and meme coins by taking the popularity of meme coins and combining it with the fun and financial rewards of P2E gaming and the Metaverse.
To participate in the P2E game, users must purchase Dogelien pup via the platform’s NFT marketplace, where they can buy assets to customize your Dogelien to your specific taste and style.
DOGET is the leading utility token in the P2E gaming world. It will help power the network’s goal of creating an all-encompassing virtual world where people can come together to have fun with their friends and potentially make an income. The total supply of DOGET is 25,000,000,000.
With such huge use-cases for DOGET tokens within the world of Puptopia, you have to agree that this is not your regular token. As token development continues, more DOGET tokens will be taken out of circulation and transferred into the game, creating a more stable ecosystem for our holders. DOGET is ready to take over the cryptocurrency markets, so watch for its presale and stay tuned for updates.