Crypto Winter: Can Ethereum and Dogeliens help recover the market?
In the latest crypto news, the market has officially entered a crypto winter due to the collapse of crypto exchange FTX and filing for bankruptcy. While 2022 hasn’t been a great year for the crypto market, this event has removed any hopes of the year ending in a stable fashion. However, that being said, it looks like the new year could help recover this crypto winter, especially with Ethereum (ETH) and Dogelian (DOGET).
Ethereum (ETH) Largest Blockchain
Ethereum is the largest blockchain in the market and ETH is the second largest cryptocurrency. Launched in 2015, Ethereum has seen great success over its years and it looks like Ethereum could help the crypto market weather this crypto winter.
In September 2022, Ethereum hit a major milestone with its infamous merger. Anticipated by many for some time, the Ethereum merger meant that Ethereum would significantly reduce its power consumption and become a much more sustainable and scalable crypto project. Power consumption is one of the biggest issues that cryptocurrencies face due to mining. Therefore, Ethereum has proven that there is a solution to this problem and removed any doubts that crypto cannot survive due to this problem.
With this taking place during the crypto winter, Ethereum has raised its standards for itself. This has given users hope for bigger and better things to come for Ethereum next year as the market may recover.
Dogelians (DOGET) The New Crypto
Dogeliens is a new crypto project that is expected to launch in 2023. Although it is a meme coin, Dogeliens stands out from other cryptocurrencies by exploring various market sectors. For example, most meme pieces are pretty basic and don’t offer much utility. Instead, they focus on bringing together a community of users online. However, Dogeliens focuses on its community in a different way.
To begin with, Dogeliens ensures a fully decentralized platform with an open-source structure. While DeFi appears to be the future of finance, Dogeliens aims to stay for the long haul and create a project that can conquer the market, while giving users full financial control. Additionally, Dogeliens plans to have NFT releases as NFTs have become very popular in recent years among crypto users. Likewise, the metaverse is also embraced by Dogelians, offering new games to users as well as educational content to teach users about crypto.
The ultimate goal of Dogeliens is to create a fun platform that different types of users can enjoy and use, as well as help society embrace cryptocurrency as a whole. Therefore, its educational platform will be very beneficial for users who want to learn more about crypto. It seems inevitable that cryptocurrency will be the future of finance, so why not help people learn more?
Scheduled to launch in 2023, it looks like Dogelians could become a huge market leader and help the market recover from this cold crypto winter. It is recommended that you do further research before making any crypto-related purchases.
Learn more about the Dogelians here:
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