The world of cryptocurrency is ever-evolving, and with each passing day, the fortunes of tokens rise and fall; the current market trend is the meteoric rise of new meme coins. Tron (TRX) network, long down in the dumps, is seeing a resurgence while Polygon (MATIC) is on an alarming downward spiral with no end in sight. While the roller coaster ride in the altcoin world continues DogeMiyagi, a meme coin in presale, is the talk of the town with its plans to own the meme coin space.
Tron Starts To Look Up
The Tron network stayed in the red for most of April, but the token is showing a resurgence, with prices climbing from April’s low of $0.06510 to $0.06914. The Tron network was developed to be the game changer in the content creator market. The network allows content creators to monetise their content without going through intermediaries.
So what does the network have to make it a winning pick? Well, the answer to that question is, it has all. The network allows fast transactions; has very low transaction fees and high security. The network uses the Delegated Proof of Stake (DPoS), which offers more robust security than Proof of Work (PoW). The network is also greener compared to other blockchains. The network uses its $TRX token as its utility token. And as the content creation industry explodes, TRX will be well on its way to becoming the leader in its niche.
Polygon Sees No End To Downward Slide
The Polygon network has seen its token MATIC’s value tank to $0.8299 at the time of writing. The downward spiral is caused due to bearish sentiments gripping the crypto market. The network has lost the gains made in the bull run of March, and price levels have matched those seen in January.
The Polygon was envisaged as a scalable blockchain platform capable of processing high volumes of transactions without a hiccup. The network’s sidechains enable it to achieve high speeds. On top sidechains, speed and transaction cost are improved by rollups where transactions are bundled into one unit. The network is also one the most secure as it uses Zero-Knowledge rollup.
DogeMiyagi: The Zen Master Of The Meme Coins
What happens when you combine the wisdom of a sensei with the excitement of a meme coin? You get DogeMiyagi, the meme coin that is all the rage in the meme coin space. DogeMiyagi has seemingly got it all to make it in the meme coin world. There is a gripping origin story, there’s lots of community focus, and to give it real heft, there’s the strong ecosystem.
DogeMiyagi is all about peace and prosperity; when a moustachioed zen doge leads the network, that’s standard fare. $MIYAGI will be at the centre of the network as its governance token. It will power its NFTs and will be the reward in daily incentives of the network.
Community is high on the agenda on the DogeMiyagi roadmap. The network has a referral program where holders can refer friends and family, and when they join the network, they can get a sweet 10% commission. The referral code is linked to the holder’s wallet.
There’s never a dull moment in the crypto; it’s a tough world out there where real grit alone gives you a win. TRX’s fortunes seem to be on the up while MATIC is taking a beating, with recovery seemingly nowhere in sight. DogeMiyagi, on the other hand, offers a sense of calm with its patient and planned approach to take on the meme coin space.
Check out Dogemiyagi below:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
Leave a Reply