How Can Dogetti Compete Against Meme Tokens Like Dogecoin And Shiba Inu

Meme tokens could see increased attention this year as trust slowly rebuilds between crypto enthusiasts and the market. While most crypto enthusiasts are wary of which cryptocurrencies to trust after the volatile bear market of 2022, meme tokens offer a sense of community and helpfulness among new and returning crypto users.

So, how can the new meme token platform, Dogetti (DETI) , compete against meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB)? Although Dogecoin and Shiba Inu have experienced meme token dominance since their inception, anything is possible in the crypto market. Dogetti has multiple fascinating features that could rival Dogecoin and Shiba Inu, which will be explored further below.

Dogetti - Putting The Community First

Dogetti was introduced to crypto enthusiasts in Q1 of 2023, targeting multiple sectors of the crypto market, including NFTs, a Decentralised Autonomous Organisation (DAO), and a Decentralised Exchange (DEX). The DAO allows users to vote on proposals that affect the platform’s future, ensuring a community-centric approach to the crypto market.

Additionally, Dogetti has developed an NFT collection that could attract a wave of users from other meme token platforms. The Dogetti NFT collection will feature the mafia-style characters found on the Dogetti website, with future developments potentially allowing you to breed your NFTs for additional digital companions!

The main utility of the Dogetti platform is the DEX. The DEX will allow Dogetti users to swap ERC20 tokens on the exchange, using Uniswap’s (UNI) power to ensure high liquidity with secure and fast transactions. The future looks bright for this platform as it looks to compete with meme token heavyweights in the crypto market.

Elon Musk Adds To Dogecoin’s Market Capitalisation

Dogecoin

It is news to no one that Elon Musk influences Dogecoin’s value. The billionaire has often tweeted about the canine-themed meme coin to his 100 million followers, resulting in multiple price spikes throughout its history.

Most recently, Elon Musk has added $500 million to Dogecoin’s market capitalization with a simple tweet, bringing the meme coin giant to an impressive $11.8 billion at the time of writing. Dogecoin is still rising, as seen by its 3.05% increase in market capitalization in the past twenty-four hours.

Unlike most meme tokens, Dogecoin has real-world utility. Due to its fame as the first meme coin in existence, Dogecoin has been selected by a growing number of businesses as a valid currency. However, the token's primary utility remains as a tipping system for Reddit and Twitter users.

Shiba Inu Whale Accumulates More SHIB

Like Dogecoin, Shiba Inu has seen a positive trend as of late. The meme token has increased its market capitalization by 4.92% in the past twenty-four hours at the time of writing.

This positive trend has resulted in Shiba Inu whales accumulating more SHIB. Reportedly, one of the biggest SHIB whales switched back into accumulation mode for SHIB after Bitcoin’s (BTC) growth halted.

The whale has accumulated 50,000,000,000 SHIB, bringing the total amount of SHIB held by the whale to an eye-watering 13,738,398,731,474. The behavior of this SHIB whale suggests that Shiba Inu could soon experience a price rally, potentially making now the perfect time to accumulate SHIB.

Final Thoughts

Although Dogecoin and Shiba Inu have dominated the meme token market throughout their existence and are currently performing well, Dogetti is the one to watch this year. The new meme token platform has introduced several riveting features to its ecosystem that could sway users from the popular canine-themed platforms to Dogetti, successfully competing against Dogecoin and Shiba Inu.

Additionally, Dogetti offers 25% bonus tokens with each presale purchase if you use the ‘WISEGUY25’ code at the checkout! The meme token platform puts its community first, showcasing its generosity to new users through its promotional code.

For more information on Dogetti (DETI), please visit the following links:

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

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti _