The cryptocurrency market is currently experiencing Altseason, and investors are taking note of the rising popularity of Dogetti (DETI), a new meme coin with attractive user features and tokenomics.This project has garnered a lot of attention and is gaining significant traction among investors.On the other hand, while many cryptocurrencies are declining, XRP has emerged as the best performer in the market this week.Dogetti Emerges As The Leading Meme Coin he emerging meme coin project Dogetti (DETI) has caught the attention of investors during the current altseason in the crypto market.
While other meme coins have risen and fallen, Dogetti (DETI) stands out as a potentially attractive option for long-term investment due to its unique features and robust tokenomics.
Investors speculate that it could even rival established meme coins such as Dogecoin (DOGE) and Shiba Inu Coin (SHIB) in the meme coin space.
Dogetti (DETI) offers a DAO feature that allows stakeholders to actively participate in decision-making for the project’s direction.This gives users a sense of ownership and control beyond passive investment.
One of Dogetti’s standout features is its deflationary mechanism, which gradually reduces the token supply over time, increasing its scarcity and value.This contributes to the coin’s potential longevity and benefits investors in the long run.Dogetti operates on the Ethereum network, built on decentralized finance (DeFi) principles, ensuring a secure and transparent platform for users.DETI, its native ERC-20 token, is compatible with other Ethereum-based tokens, allowing for seamless trading opportunities.
Interested investors can find out more about its impressive features and tokenomics on Dogetti’s website and whitepaper.This Week’s Standout Performer: XRP As the Ripple vs SEC court case nears its end, there is an optimistic forecast for XRP’s price outlook in 2023.Over the past few weeks, XRP has seen a significant upward trend in price, and there has been a noticeable increase in whale activity on XRP’s ledger after it broke through the $0.43 level.This price surge is likely linked to the imminent resolution of the XRP vs SEC legal dispute, and analysts anticipate a positive result for Ripple, which could potentially initiate an XRP bull market later this year.The Final Bite The financial industry has undergone a transformative change with the advent of Decentralized Finance, which provides individuals with improved security, transparency, and ownership.Dogetti, a newcomer in the meme coin arena, is adding innovation to the industry by launching a meme coin with practical use.
Dogetti is poised to deliver a distinct value proposition to the market with its strong tokenomics, community-centric approach, and emphasis on long-term value.As the DeFi and cryptocurrency industry evolves, groundbreaking initiatives such as Dogetti demonstrate the continuous potential for growth and excitement in the industry.For more information on Dogetti (DETI): Presale: https://dogetti.io/how-to-buy Website: https://dogetti.io/ Telegram: https://t.me/Dogetti Twitter: https://twitter.com/_Dogetti_ Disclaimer: The information provided in this article is solely the author/advertisers’ opinion and not an investment advice – it is provided for educational purposes only.By using this, you agree that the information does not constitute any investment or financial instructions by Analytics Insight and the team.Anyone wishing to invest should seek his or her own independent financial or professional advice.Do conduct your own research along with financial advisors before making any investment decisions.
Analytics Insight and the team is not accountable for the investment views provided in the article.Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales over the last seven days.NFT sales rose 7.28% and transactions grew by 2.29% during this period, but the number of digital collectible buyers decreased by 4.34%.NFT Sales Improve This Week, Rising 7.28% Higher Sales of non-fungible tokens (NFTs) have trended higher this week, increasing by 7.28%, with $179.64 million in sales recorded over the past seven days.Of the total sales, $111.62 million, or 62.35%, came from NFT sales on the Ethereum blockchain, cryptoslam.io stats show.Solana’s NFT sales were the second-largest this week, accounting for $20.66 million, or 11.54%, of the week’s total sales.
This week, sales of Ethereum-based NFTs increased by 8.68%, while sales of Solana-based NFTs dropped by 20.88%.NFT sales on Ethereum and Solana were followed by sales on the Polygon, Arbitrum, and Cardano blockchains.Two blockchains that saw notable increases over the last seven days include BNB Chain, which was up 19.73%, and Panini, which increased by 29.53%.Theta blockchain NFT sales rose by 232.96%, but the increase only accounted for $2,805 in NFT sales this week.The top-selling NFT collection this week is Nakamigos, with $11.29 million in sales, up 76% compared to the previous week.
Other top-selling collections this week include Otherdeed, Bored Ape Yacht Club (BAYC), Cryptopunks, and Mutant Ape Yacht Club (MAYC).
Sales for Otherdeed are down 20.67%, BAYC sales dropped 22.75%, Cryptopunks rose 34.80%, and MAYC sales slid 6.33% over the last seven days.Azuki sales took the sixth position this week, with sales up 90.54% compared to the previous week, with $4.29 million in sales.The most expensive NFT sold over the last seven days was Cryptopunk #3,990, which sold for $444,033 two days ago.The second most expensive NFT sale was Azuki #3,194, which was purchased for $415,485 three days ago.
Cryptopunk #3,810 sold for $414,105 roughly 24 hours ago, and Azuki #9,185 sold seven hours ago for $373,678.The top three NFT marketplaces in terms of sales volume for this past week were Blur, Opensea, and the Immutable X market, respectively.Tags in this story Arbitrum, Art, Azuki, BAYC, Blockchain, Blur, BNB Chain, Bored Ape Yacht Club, Buyers, Cardano, collectibles, Cryptocurrency, cryptopunks, culture, dappradar.com, data analysis, Digital Assets, Digital Collectibles, Ethereum, Immutable X, increase, market analysis, Market NFT sales, Market Trends, Marketplaces, MAYC, most expensive, Mutant Ape Yacht Club, Nakamigos, nft, NFT sales, NFTs, Non-fungible tokens, Opensea, Otherdeed, Panini, Polygon, sales, seven-day, Solana, Statistics, technology, Theta, Top-selling, transactions, trend, Virtual World What do you think the future holds for the NFT market? Will it continue to grow, or is this just a passing trend? Share your thoughts in the comments section below.Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida.Redman has been an active member of the cryptocurrency community since 2011.
He has a passion for Bitcoin, open-source code, and decentralized applications.Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.Image Credits: Shutterstock, Pixabay, Wiki Commons, Nakamigos Disclaimer: This article is for informational purposes only.It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies.Bitcoin.com does not provide investment, tax, legal, or accounting advice.
Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Cryptocurrency Meme Coin Competition: Dogecoin (DOGE) Vs Shiba Inu (SHIB), This DeFi Token Is Set To Overtake Both In Terms Of Market Cap Dogecoin (DOGE) and Shiba Inu (SHIB) have captured the attention of the crypto world as popular meme coins.DOGE’s meteoric rise in 2021, fueled by Elon Musk’s tweets and celebrity endorsements, made it one of the most talked-about cryptocurrencies.SHIB, on the other hand, is a newer addition to the meme coin world, and its popularity has also surged thanks to clever marketing and an active community.However, there is a new player in the game that could overtake both DOGE and SHIB in terms of market capitalization – RenQ Finance (RENQ).
RenQ Finance has achieved a major milestone in its presale stage by successfully raising over $5 million in just four stages, resulting in a price gain of over 75%.
The presale began in February 2023 and is currently in its fourth stage, selling at $0.035 with a 78% fill rate.The project is gaining momentum and approaching the fifth stage with full force, boasting a 100% gain.The success of the presale stage has put RenQ Finance on the map as one of the most promising DeFi projects in the market.The team is committed to delivering on its promises and building a platform that offers real value to its users.With the launch of its products in the coming months, RenQ Finance is poised to become a major player in the DeFi ecosystem.What are Dogecoin and Shiba Inu? Dogecoin is a cryptocurrency that was created in 2013 by Billy Markus and Jackson Palmer.The coin was initially designed to be a joke, featuring the popular “Doge” Internet meme as its logo.
However, the coin’s popularity has surged in recent years, thanks in part to the involvement of high-profile individuals like Elon Musk.Shiba Inu is a newer meme coin that was launched in August 2020.The coin features a Shiba Inu dog as its logo, and its creators describe it as the “Dogecoin killer.” Like DOGE, SHIB has seen a surge in popularity, thanks to its active community and clever marketing strategies.What is RenQ Finance? RenQ Finance is a decentralized finance (DeFi) token that aims to simplify DeFi for the average investor.The token is built on the Ethereum blockchain and is designed to be a user-friendly platform for yield farming and staking.RenQ Finance also offers a yield optimizer that automatically reinvests users’ funds to maximize their returns.How Can RenQ Finance Overtake DOGE and SHIB? Unlike DOGE and SHIB, which have market capitalizations of over $12.3 billion and $6.4 billion respectively, RenQ Finance is currently in its presale stage and has yet to establish a market capitalization.
However, the token has several advantages that could help it overtake both coins in the future.1.RenQ Finance has a clear use case as a DeFi token.While DOGE and SHIB are primarily used for speculation and trading, RenQ Finance has a practical purpose in the DeFi ecosystem.This could make it more appealing to investors looking for a long-term investment.2.RenQ Finance has a strong community that is actively working to promote the token.
The RenQ Finance team has also been working hard to improve the token’s functionality and user experience, which could attract more investors in the future.
3.RenQ Finance’s yield optimizer could be a game-changer in the DeFi world.
Yield farming is becoming increasingly popular among crypto investors, but it can be a complicated and time-consuming process.RenQ Finance’s yield optimizer simplifies the process, making it more accessible to the average investor.Conclusion While DOGE and SHIB have captured the attention of the crypto world as popular meme coins, RenQ Finance (RENQ) is a DeFi token that could overtake both coins in terms of market capitalization.RenQ Finance’s clear use case, strong community, and innovative yield optimizer makes it an attractive investment opportunity for those looking for a long-term investment in the DeFi space.
However, as with any investment, investors should do their research before investing in any cryptocurrency.Click Here to Buy RenQ Finance (RENQ) Tokens.Visit the links below for more information about RenQ Finance (RENQ): Website: https://renq.io Whitepaper: https://renq.io/whitepaper.pdf Disclaimer: The information provided in this article is solely the author/advertisers’ opinion and not an investment advice – it is provided for educational purposes only.By using this, you agree that the information does not constitute any investment or financial instructions by Analytics Insight and the team.
Anyone wishing to invest should seek his or her own independent financial or professional advice.Do conduct your own research along with financial advisors before making any investment decisions.Analytics Insight and the team is not accountable for the investment views provided in the article.Economist Peter Schiff praised the artificial intelligence of the Chatgpt assistant for omitting bitcoin in a suggested “recession-proof” portfolio.
The long-time gold proponent commented on a report claiming the chatbot has recommended “massive allocations” in precious metals.Schiff Cites Study Alleging Chatgpt Favors Gold and Cash as Investments in Recession Rigorous crypto opponent Peter Schiff took to social media to highlight a recent report revealing that Openai’s Chatgpt has not considered bitcoin as an option when prompted to advise about a recession-resistant investment portfolio.Linking to an article about the test in a tweet on Thursday, Schiff noted: #ChatGPT AI is pretty intelligent after all.It didn’t recommend any allocation to #Bitcoin.https://t.co/mnhRN2TmFm — Peter Schiff (@PeterSchiff) April 6, 2023 The referenced experiment has been conducted by a platform offering information on gold IRA (individual retirement account) investments.According to a blog post, the artificial intelligence (AI) chatbot was asked to produce example allocations “resistant to boom and bust cycles.” According to a press release by Gold IRA Guide, Chatgpt suggested diversification across a range of cash-like assets and commodities.The mix included defensive stocks, bonds, cash, and precious metals to create a “truly recession-resistant portfolio.” The announcement details that the allegedly “ideal model” included 40% bonds, such as fixed-income government and corporate bonds, and 30% blue chip stocks like healthcare, utilities, and essential consumer goods.
For cash and its various equivalents — U.S.dollars, money market funds, and certificates of deposit — were reserved as 10% of the portfolio.Gold and other precious metals, in the form of physical and “paper-backed” gold and silver assets, including gold ETFs and mining stocks, got 20%.“This figure far exceeds the number proposed by prominent ‘gold bug’ wealth managers such as Ray Dalio and Peter Schiff,” the authors remarked.
Schiff recently predicted that a bull market for gold will lead to even higher prices than currently observed, as Bitcoin.com News reported on Thursday.His statements came after the most popular precious metal broke the $2,000 mark earlier this week.Tags in this story ai, Artificial Intelligence, Assets, assistant, Bitcoin, bonds, chatbot, Chatgpt, Crypto, Cryptocurrencies, Cryptocurrency, Economist, Experiment, gold, Gold Bug, investment portfolio, Peter Schiff, Portfolio, report, Schiff, stocks, study Do you agree with the allocations in the AI-suggested investment portfolio and with Peter Schiff? Share your thoughts on the subject in the comments section below.Lubomir Tassev Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only.It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies.
Bitcoin.com does not provide investment, tax, legal, or accounting advice.Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
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