Dogetti Could Rise Like Shiba Inu In The Memecoin Landscape
The meme coin landscape used to be an insignificant category of the crypto market, especially in the early days of Dogecoin (DOGE). Dogecoin emerged as a cryptocurrency for memes and jokes, which was comic relief to the situation in the industry at the time. It was the era of first-generation blockchains, and emerging projects at the time were copying Bitcoin's open-source code to create their supposedly original project. According to one of the developers, Dogecoin only took about 3 hours to create, and the community existed underground at the time.
It wasn't until 2020 before meme coins began to gain traction, and everything changed. Dogetti (DETI) is a new meme coin looking to become the latest addition to revolutionizing the landscape. Memecoins went from being insignificant to one of the market's biggest gainers.
Shiba Inu (SHIB) was another kind of meme coin when it launched, and Dogetti is looking to replicate that success. Dogetti is a proposed project yet to hit presale, but the opportunity in this is finding the token early. Early entry is one of the best ways to make money in the cryptocurrency market, even for projects that do go on to be unsuccessful.
Shiba Inu: One Of The Top Meme Coins Out
Shiba Inu (SHIB) is an ERC20 meme coin that had almost everything at launch. The meme coin was launched by someone with the pseudonym, Ryoshi, similar to Satoshi, the anonymous creator of Bitcoin. There were a lot of suspicious activities at first regarding the meme coin, and users were careful not to fall for a scam. The meme coin project airdropped 50% of the token's supply to Vitalik Buterin's wallet, which he eventually donated to an Indian COVID-19 relief fund. At the time, this was about $1 billion worth of crypto, and the meme coin was picked from there.
The community had an interesting narrative to work with, and all that mattered was surpassing DOGE's market cap. Despite being inspired by DOGE, the meme coin was called the DOGE killer, and sometime in November, at the peak of the bull run, it surpassed Dogecoin's market cap for what lasted about 24 hours. This was peak excitement in a bull run that was kickstarted by meme coins.
The market has been all downtrend since then, and we are probably searching for something with that level of excitement again. Recently, SHIB has been decent in the market and has had a great start to the year. SHIB could still be a good buy considering the distance to its all-time high.
Dogetti: The Godfather Of Crypto
Dogetti (DETI) is a new Ethereum-based meme coin project, and in the same fashion as Shiba Inu (SHIB), it would be looking to create wealth for its community using DeFi. Shiba Inu put DeFi to good use, even offering multiple valuable tokens for community holders who stake their tokens on the ecosystem. Dogetti aims to introduce some DeFi features which will contribute value and create wealth for the ecosystem.
Dogetti( DETI) is a project created around family values and the idea of having a community that appreciates togetherness. The project also calls itself the Dogetti family and aims to become a top project in the meme coin landscape by fostering a united and close-knit family. The project aims to use a host of other cutting-edge utilities. Dogetti NFTs will allow holders to adopt their Dogetti pet, granting exclusive access to community events and content.
The flagship feature of this project is the 2% buy-back protocol which provides a steady flow of liquidity into the ecosystem. It serves as a way to keep money flowing and incentivize holders to be active in the ecosystem. Dogetti has an exciting community to watch out for, and you should keep an eye out for the upcoming presale.
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_