Since cryptocurrencies went mainstream, many cryptocurrencies have revolutionized the cryptocurrency market. One such group is the BEP-20 standard cryptocurrencies, such as Binance Coin (BNB), Cosmos (ATOM), and now new crypto, Dogeliens (DOGET).
Similar to how the ERC-20 standard is used to create tokens on the Ethereum blockchain, BEP-20 is a token standard used to create tokens on the Binance Smart Chain (BSC). It is also a crucial instrument facilitating the creation of smart contracts on the Binance Smart Chain.
Interestingly, some developers argue that BEP-20 tokens are a better alternative to the ERC-20 tokens on the Ethereum network, thanks to BSC’s perceived faster transaction speed and lower transaction costs.
Binance Coin (BNB) is the standard bearer for all BEP-20 tokens in terms of the market cap, performance, and utility. Cosmos (ATOM) equally ranks among the top cryptocurrencies worldwide.
However, the new cryptocurrency Dogeliens (DOGET) aims to exert the same dominance in the cryptocurrency market as Binance Coin (BNB) and Cosmos (ATOM).
Binance Coin (BNB) is the third-largest non-stablecoin and ranks among the most successful cryptocurrencies.
Binance Coin (BNB) quickly shot to the top of the cryptocurrency market by leveraging the success of its parent platform and the world’s largest centralized cryptocurrency exchange, Binance Exchange.
Initially launched on the Ethereum blockchain, Binance Coin (BNB) was initially created to offer discount trading fees to Binance Exchange users.
The price of Binance Coin (BNB) skyrocketed following the launch of the Binance Smart Chain and its integration with the smart contract-enabled blockchain. As a result, It is now a reliable store of value and one of the most valuable tokens in the cryptocurrency market.
However, there is more to come from Binance Coin (BNB). The token’s development team has stated their intentions for upcoming coin burns and other strategies to increase BNB’s value.
Cosmos (ATOM) is a leading cryptocurrency in the cross-chain space. The crypto platform is a network of interconnected blockchain ecosystems that can share and exchange tokens.
Cosmos (ATOM) aims to address interoperability, one of the principal challenges to the widespread adoption of crypto technology, by facilitating communication between the several blockchains incorporated into the Cosmos (ATOM) ecosystem. Cosmos (ATOM) aims to achieve this by providing developers with the tools they need to create a “community of blockchains” with various use cases and connect numerous blockchains.
While popular blockchains, like Bitcoin (BTC), were not created to send and exchange data with other blockchains, the Cosmos (ATOM) network features the Inter-Blockchain Communication Protocol (IBC), which allows blockchains to connect and interact with one another. More than 20 blockchains are currently linked to the IBC protocol.
The network’s native token, ATOM, has several important functions. It’s utilized in executing smart contracts and completing transactions. Furthermore, as the Cosmos (ATOM) network runs on a Proof-of-Stake (PoS) mechanism, ATOM is also used for staking and functions as a voting mechanism in governance.
Dogeliens (DOGET) is a new dog-themed meme coin set to launch in the cryptocurrency market soon. Before its launch, Dogeliens (DOGET) aspires to build a sizable, devoted community through its ongoing pre-sale.
After its launch, Dogeliens (DOGET) will gain popularity through three steps. First, as a meme crypto, it aims to attract many users by adding humor to the cryptocurrency market.
Secondly, the Puptopia ecosystem, which will include a Metaverse, an NFT marketplace, and an e-learning platform, is designed to keep users engaged.
Finally, the Dogeliens (DOGET) will help combat poverty and illiteracy worldwide by constructing schools in underdeveloped regions.
Such projects will receive funding from the token’s treasury account, which levies a 10% tax on every transaction executed on the crypto platform. The developers also set aside 3% of the tax for international charities.
The new cryptocurrency is in stage two of its pre-sale at the time of writing and represents an opportunity for interested buyers to acquire it cheaply.
The Binance Smart Chain (BSC) is an excellent blockchain network with several features that ranks it among the most sought-after blockchain networks. It hosts a spectrum of top-performing projects, including Binance Coin (BNB), Cosmos (ATOM), and now, Dogeliens (DOGET).
Experts believe that Dogeliens (DOGET) has what it takes to become the next big cryptocurrency. So why shouldn’t you? Want to learn more about Dogeliens (DOGET)? Follow the links below:
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