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How Are Meme Coins Like Dogetti, Dogecoin, and Floki Inu Changing The Crypto Game?

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What is cryptocurrency? And how do meme coins compete in a crowded market full of altcoins? The very reason that cryptocurrency exists is that people need an alternative to centralized finance; this very same innovation helps crypto projects to be successful in an ever-changing market.

What does it mean to be a successful crypto concept? This article will cover the development and current fortunes of the era-defining Dogecoin (DOGE). This article will also explore the Elon Musk-inspired Floki Inu (FLOKI) and how they intend to expand. Lastly, this article will discuss the development of the new Presale sensation Dogetti (DETI) and how they look to be the one to watch in 2023.

What Is Cryptocurrency Anyway?

Sometimes digital concepts have a tag of complexity that is wholly unnecessary; at its core, cryptocurrency is simply a decentralized digital money asset that is designed to be used over the internet. Historically finance has either held a gold standard correlation to help stability, with a series of financial bodies to regulate the flow of finance; Cryptocurrency is entirely separated from this process.

So with industry-defining tokens such as bitcoin working on networks like Ethereum, we see the transfer of crypto on ideally secure and decentralized exchanges; 24/7, anytime you feel the need to get down and crypto. Blockchain technology has created confidence in this finance method, with a few mistakes. The question is; is crypto here to stay, and who will push the industry forward?

A.I. Is Loving Dogecoin

Many moons ago, some bright spark made a meme called “doge,” and people loved it! They loved it so much; in fact, they made a cryptocurrency out of it; as a little joke between friends as a funny alternative to Bitcoin. Developer Jackson Palmer created a meme-coin powerhouse in one move and bolstered the altcoin movement.

The way that Dogecoin has changed the game is down to creating a currency that is open-ended. When Bitcoin (BTC) was developed, the project aimed to create relative stability by capping the amount of BTC that flowed in the exchange. Dogecoin decided that if it wanted to compete, it would have to open the ceiling. According to recent data collected from the CoinCodex AI machine, Dogecoin may see its price increase by 76.2% by the end of the year.

Floki Inu Is Now The Master!

There are cat people, dog people, and all those that sit between them. Some people develop altcoin projects inspired by Elon Musk’s Dog; that’s more of a random event than a category. Floki Inu barked onto this scene in close relation to Shiba Inu (SHIB) and, over the years, has held a strong position in the marketplace as a Web3 innovator. Floki Inu dabbles in decentralized finance, NFTs, and the Metaverse.

Floki Inu have also been given the tag ‘The People’s Crypto,’ This underdog went from being a shadow coin to holding its own and helping to change the crypto game. One way this meme-coin project stays ahead of the curve is by expanding into India’s biggest exchange, WazirX. Developers have stated that this is the perfect strategic position for Floki Inu to grow in India. 

Dogetti Has The Crypto Growl!

If you want to see how any meme-coin project develops during its early stages, pop down to its presale phase. The early life of an altcoin often defines its relationship to the industry going forward. How will Dogetti improve the crypto game? A solid character is paramount, and the gangster-themed doggies are already creating a name for themselves in the market.

When the cryptocurrency markets were first developing, different projects had their parts to play. These days for any altcoin to make an impact, you have to diversify. Dogetti has realized this by creating its very own secure exchange DogettiSwap. The developers have stated that the transparent and secure nature of the DogettiSwap exchange is paramount to the functionality of the project, plus they also give to charity.

Dogetti has also created its own DogettyDAO, a place where community members can vote, communicate and help this project to continue pushing this industry forward. Dogetti calls their community feature ‘The Family.’ This Dogetti family has offered any first-time buyer an extra 25% of DETI if you use the promo code WISEGUY25 (All caps and no spaces); good luck!

 

For more info on Dogetti (DETI), follow these links

 

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

Big Eyes Coin Presale Soars and Stablecoins Tether and USD Coin Remain Strong as Crypto Market Dips

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The crypto market is currently on a downward trend after Silvergate Bank shut down its exchange network (SEN). Silvergate Bank is a crypto-friendly bank mainly used for institutional investors to send money to crypto exchanges. The bank recently delayed filing its annual report and warned about possible regulatory issues. As a result, multiple firms have suspended their operations and transfers with Silvergate.

Analysts predict that Stablecoins are likely to gain popularity as these struggles continue. Stablecoins Tether (USDT) and USD Coin (USDC) have already progressed since the crash. Despite an overall market downturn, Big Eyes Coin (BIG) continues to enjoy one of the most successful presales in crypto history and is showing great potential.

Stablecoins USDT and USDC Thrive Amid Silvergate Struggles

US regulation is becoming increasingly unfriendly towards crypto exchanges, and the market is suffering. Silvergate Bank’s struggles have caused chaos in the crypto market and when the announcement was first made, Bitcoin’s (BTC) price was pushed to a three week low.

Stablecoins function a bit differently to other cryptocurrencies and work to bridge the worlds of cryptocurrency and fiat currency. Stablecoins peg their price to a stable external asset such as the US dollar, which dramatically reduced price volatility. They serve as a medium for trading on exchanges and making transactions between fiat money and digital assets. They still need to access a crypto bank but instead of depositing dollars with an exchange, users deposit dollars with a stablecoin issuer, receive stablecoins and then transfer them to an exchange.

As the crypto market struggles, it is likely that traders will turn to stablecoins and Tether and USD Coin have already seen a rise.

USDT’s market share among stablecoins surpassed 54%. This is the largest market share that Tether has seen since November 2021. The coin has gained around $3 billion since mid February and now holds a market capitalization of $71.74 billion.

USDC has also gained around $3 billion recently. The stablecoin is currently ranked 5th amongst the highest cryptocurrencies by market capitalization. USDC’s developers recently announced that they had already begun winding down operations with Silvergate in 2022 at the first signs of trouble. A percentage of its USDC reserve deposits held at Silvergate has been moved to other banking partners.

Big Eyes Presales Skyrocket

While the crypto market is in chaos, Big Eyes Coin is unphased by the downward spiral around them. Quite the opposite, Big Eyes is currently experiencing one of the biggest crypto presales ever. The coin is speeding towards its $51 million launch target having raised £31.21 million so far. But there is a good reason for its success, as Big Eyes holds some of the most promising features we’ve seen in a while.

Big Eyes Coin sees the power in its community. The coin will therefore feature a DAO structure and users will be able to vote on and have a say in the direction of the project. This is all part of the plan for long term success.

The other parts of the Big Eyes ecosystem will also self-propagate growth. They will release an NFT collection featuring their signature cute cats. These pieces of digital art will also hold access to exclusive Big Eyes content and events and will increase the value of the coin as the platform grows.

Purchasing coins in presale can be a great way to make great returns in the market as the coin is at its lowest price and the only way is up. You can currently buy BIG tokens for the low price of $0.00049. If you use the Vault Pin ‘819’ you will also receive a complimentary 5,000% ROI loot box!

 

For more information on Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Fancy a Portfolio Expansion This Year? Filecoin, Dogetti, and Chainlink Should Be Your Top Choices

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Since the market was engulfed in dark times last year, the question on every investor’s mind is, “Where should I put my money now?”. Here are some alternatives that are as good as Bitcoin or Ethereum – Filecoin, Dogetti (DETI), and Chainlink show great potential to turn 2023 into a year of winning.

When thinking about expanding your portfolio, there are probably many concerns that you have, but the pertinent one is most likely “is it worth it?”. Finding investments that are similar to Bitcoin or Ethereum but different in return can be difficult when you don’t know how you can benefit in the long run.

Filecoin – The Cloud Solution

One of the most important things in crypto is storage space because there needs to be enough cloud storage for your mining data and the safekeeping of your files. This is especially important in blockchain technology as people use it to transact and store information in a shared space. However, there always seems to be a lack of storage space in any crypto environment. This is the problem that Filecoin solves.

The coin offers users a space where they can pay to store their files and keep them secure. The blockchain offers storage options based on speed, costs, security, and reliability.

In December 2022, the coin dropped to a low of $2.68 but miraculously recovered to $3.01 before the year was out. At the start of 2023, the coin rallied to $5.23 and experienced a further boost to $9.40; however, it dropped to $6 after the Silvergate incident. Nevertheless, based on the previous performance of the coin, it is clear that a bull run is highly likely at a later stage.

Throw a Bone to Dogetti

One name that keeps coming up in the meme coin circles is Dogetti. The Mafia-themed coin has shown great potential in recent weeks, already reaching over 90% of their stage 1 goal funding – currently achieving $400,000 of their half-a-million dollar goal.

The coin provides ten-fold benefits to its users, where transaction fees – yes, benefit through levies – or NFTs. The platform charges a 6% levy on transactions, of which 2% goes to a charity wallet, 2% goes to the community wallet, and 2% goes back into the user’s wallet. In addition, the coin offers long-term investment options through their Doggeti NFTs, where users can breed, grow and sell these in exchange for fiat currency or more tokens.

Dogetti’s wide range of features and benefits make it a smart investment for this year. It has the potential to compete strongly with other meme coins like Dogecoin and Shiba Inu and can turn investors a lot of profit.

Find Success On Chainlink

Chainlink has been strongly competing among cryptocurrencies like Ether and XRP since 2017. The blockchain was released with an ICO of $0.11 and gradually increased to a high of $52.

During the crypto winter, the coin dropped to $6.91, but the low price is not a disadvantage. Investors can buy more tokens at a low price, and when the next bull run emerges, it will be a prime opportunity to turn a profit as the coin is predicted to reach a maximum value of up to $10 later in the year.

Final Thoughts

Investing is a risky business because there is never a guarantee that your money will return to you. Still, it is also smart to expand your portfolio and at least increase your chances of turning a profit. It is important to understand know which currencies can be leveraged and how they can increase your chances of success.

 

For More on Dogetti (DETI)

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

Shiba Inu (SHIB) Soars as Layer 2 Blockchain ‘Shibarium’ Sets for Launch, Dogecoin (DOGE) Remains the King of Meme Coins as TMS Network (TMSN) Gears up To Shake Up the Crypto World

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In this article, we examine three game-changing cryptocurrency players: Shiba Inu (SHIB), Dogecoin (DOGE), and the TMS Network (TMSN). Shiba Inu (SHIB) and Dogecoin (DOGE) are meme coins that started as memes before becoming much bigger. However, TMS Network (TMSN) is a newcomer to the cryptocurrency market and is already making splashes.

Continue reading to see what differentiates them from other cryptos and the potential they possess.

Shiba Inu (SHIB)

Shiba Inu (SHIB) is an alternative cryptocurrency based on Ethereum that uses Shiba Inu as its mascot. Like other meme coins, Shiba Inu (SHIB) frequently follows the price of cryptocurrencies such as Bitcoin, yet there are times when they veer from the norm when, for example, Elon Musk tweets about them.

However, Shiba Inu’s (SHIB) prospects have recently become much more serious as developers for the currency have stated plans to launch a layer-2 blockchain on top of the Ethereum network, which would elevate the meme coin above the level of a joke.

Shiba Inu (SHIB)-related cryptocurrencies, including its primary currency SHIB, performed better as the possibility of a larger blockchain universe connected to those tokens becomes more likely. This week will see the public beta debut of Shibarium, the much-anticipated Layer-2 blockchain powered by the Shiba Inu (SHIB) protocol.

The Shiba Inu ecosystem has experienced tremendous growth due to the Shibarium update. Furthermore, the existence of a formal launch timeframe is exciting and might have profound effects on the token, as head creator Shytoshi Kusama has hinted at its coming release.

Dogecoin (DOGE)

The cryptocurrency market experiences both good and bad days like every other market. Investors can maintain their composure even in unfavorable market conditions if they have faith in their chosen currencies. Some crypto whales are sticking with Dogecoin (DOGE) out of the several investment-worthy coins now accessible on the crypto market.

Dogecoin (DOGE) was created in 2013 as a light substitute for well-known cryptocurrencies like Bitcoin. Dogecoin (DOGE) is receiving a lot of interest from investors and cryptocurrency users due to the decentralization of cryptocurrencies. According to the charts, the coin is one of the top cryptocurrencies traded on all significant cryptocurrency exchanges.

Low transaction fees, high scalability, and blazing-fast transaction throughput are all features of Dogecoin (DOGE). Of course, these are justifications for investors’ eagerness to add the coin to their holdings. But, of course, Elon Musk’s endorsement—the richest man on the planet—also helps.

TMS Network (TMSN)

A new cryptocurrency platform called TMS Network (TMSN) is causing a lot of buzz in the industry. It has raised more than $500k in the initial stage of its presale. It’s understandable why investors are interested, given the short time before the token is publicly sold.

Traders of all expertise levels can trade on the DeFi network TMS Network (TMSN). It gives more access to global FX, CFD, and equities markets than any other Defi platform, including more than 500 cryptocurrencies.

The TMS Network (TMSN), which offers all of the services mentioned above and features like TMS Copy Trading and MetaTrader Expert Advisor Cloning, is ideal if you’re new to trading.

Everything is controlled by the network’s $TMSN token, which can be used for various purposes like trading commissions, staking rewards, and more. You also require it to gain exclusive access to the trading tools listed above and other services.

Conclusion

While both Dogecoin (DOGE) and Shiba Inu (SHIB) might be profitable investments, TMS Network (TMSN) is the best option whether you are new to crypto or an experienced person. The TMS Network (TMSN) presale has taken off spectacularly.

Join in now to be a part of the hottest new thing in the cryptocurrency industry, as many astute investors are getting in before it is sold to the general public.

Whitepaper: https://tms-net.netlify.app/whitepaper.pdf

Website: https://tmsnetwork.io

Presale: https://presale.tmsnetwork.io

Telegram: https://t.me/tmsnetwork

Twitter: https://twitter.com/tmsnetworkio

USDC DePegs Amid Silicon Valley Bank Crash

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The wall surrounding Crypto stablecoins is collapsing with USDC and other major stables like DIA losing its 1:1 pegs against the US dollar. USDC stablecoin is issued by Circle with support from Crypto exchange, Coinbase just like what Binance had with Paxos in the past.

Despite the USDC depegging, $3.3B of assets may still have a potential 94% payout, 75% and more of assets are in Short-Dated US Treasury Portfolios. The USDC depeg was precipitated by the crash of Silicon Valley Bank [SBV] in which Circle has a chunk of reserves on.

Financial risk management in the past year:

BTC/ETH too volatile —> USDT

USDT too risky —> UST

UST death spiral —> $ in the bank

Bank insolvent —> USDC

USDC depeg —> —

Circle, the issuer of USDC wrote;

Following the confirmation at the end of today that the wires initiated on Thursday to remove balances were not yet processed, $3.3 billion of the ~$40 billion of USDC reserves remain at SVB. Like other customers and depositors who relied on SVB for banking services, Circle joins calls for continuity of this important bank in the U.S. economy and will follow guidance provided by state and Federal regulators.

This situation will have a long term impact on USDC even if/after peg recoverssince circle has proven unable to defend the peg. What defi protocol wants to rely on is a stablecoin that can depeg >10%. Who wants to hold that?

Even if USDC repegs after a few days

 – who wants a stablecoin that you can’t use to buy dips because it depegged.

– who will use it in defi when you can get liquidated because of depegs.

– who wants to risk being forced to baghold it when you want to use it during market stress.

For a stablecoin being always pegged is literally the point of it and what makes it usable, thus if Circle wants ppl to use it they should defend the peg, or risk losing adoption, usability and trust.

As long as Circle can continue to redeem at 1 USD, the system is working as designed and will level back out. It really depends on if they are liquid enough to make it through the panic; though I would imagine they can take some loans if necessary as well.

FUD on almost all stables due to depegging of $USDC currently trading at $0.89 at the time of writing. It’s okay to be afraid, but one thing you should know is that a lot of things happen in this space.  Be ready for anything at any time. For now I suggest you swap all your stables to #Bitcoin  to avoid getting hurt even if anything happens. I believe in the future of Decentralization and I hope everything will be okay overtime.

However, Czsamsunsb.eth is playing a big chess game on $USDC depeg; Borrow $USDT from Aave with $ETH then he converted 27.325M $USDT to 28.658 $USDC, Borrow $USDC from AAVE then converted 113.466M $USDC to $DAI. If $USDC goes 0, he made $113M from 28.658M and if $USDC is back $1, he will make $1.3M.

Following the degrading situation around USDC peg, Coinbase has announced temporary closure on USDC:USD conversion; Coinbase wrote on Twitter; “We are temporarily pausing USDC:USD conversions over the weekend while banks are closed. During periods of heightened activity, conversions rely on USD transfers from the banks that clear during normal banking hours. When banks open on Monday, we plan to re-commence conversions.”

Circle can just buyback all the USDC sold over the weekend for $0.90 and bring home a healthy 7% or 10% profit. If panic spreads in the next 48 hours they might even end up with an amount more than enough to cover any 10% or 15% haircut from SVB.

Actually, Circle can make tons of money by simultaneously doing the following: A) delay with various excuses USDC->USD conversions for a few days, B) scoop all discounted USDC in market prices from panicking sellers. The discounts can be even more than 10%, George Mastrokoukos noted.

I think the $USDC depegging situation is just going to get worse and worse till Monday, as per fud, people are swapping USDC in panic for a -20% loss, these are the ones that bought $BTC at the top last cycle.

Right now Silicon Valley Bank is under FDIC control. Is a federal bank status at this point. All staff including call-centres are under FDIC control. They are covering all deposits of 250,000$ like normal operations starting Monday at the first hour. But for those over 250,000$ they will have to wait for the liquidation of the SVB then will be handled by probably 0.xx$/ per dollar at the end. So they will still go into liquidation mode, Spawny.btc noted.

One way for the Fed to save small banks if these are even at risk would be to decrease interest rates. Probable consequence is that it’ll lead the Euro to increase over the Dollar in the coming weeks.