Despite the setbacks, cryptocurrency continues to grow in strength and popularity among existing crypto users and new users, primarily due to its more secure and transparent characteristics.
The global cryptocurrency market began trading in green once again after the weekend posted a heavy dip in the global market cap caused by widespread scrutiny over the crypto industry. The recent scrutiny on the cryptocurrency is the aftermath of the crash and eventual bankruptcy of FTX, which was followed by a regulatory crackdown by the US Securities and Exchange Commission and several other nations who are in talks to bring in legislation on cryptocurrency as more countries and corporations look to accept the digital currency as a formal mode of payment.
Despite the setbacks, however, cryptocurrency continues to grow in strength and popularity among existing crypto users and new users, primarily due to its more secure and transparent characteristics. While cryptocurrency is seeing growing potential, new cryptos like Dogetti (DETI) have made a promising entrance to the market with a new and different approach.
Litecoin: Weekend Slide With Potential Upward Trend
Litecoin’s (LTC) price picked up a little momentum after a dip over the weekend saw its price slide down to $91.02. The price has since recovered to $94.13 at the time of writing as it saw its 24-hour trading volume drop by 8.59% to $386 million.
While the gains are rather modest, and Litcoin is still trading in red by 3.94% on the weekly chart, experts suggest that the positive trend in the past 24 hours highlights the potential for bulls to successfully retest the key resistance zone above $96, which would mean a potential rise to between $97 and $100.
Hedera: The Downward Trend With No Light
Hedera’s (HBAR) price dipped further by 4.35% overnight, continuing its downward movement over the past week of 18.95%. At the time of writing, Hedera was trading at $0.07193 after posting a 30-day high of $0.09839.
Hedera, which has an all-time high of $0.5701 which it posted in September 2021, has shown a sense of recovery from $0.03598 at the beginning of 2023 and currently holds a market capitalization of $1.8 billion with a circulating supply of 26.3 billion.
Dogetti: The Standout Doge With NFT Friendly Features
Dogetti (DETI) is a new dog-themed meme token that has been created on the Ethereum blockchain that wants to create a coin that would be owned and controlled by the community. With the concept of creating a strong and united community of holders that will be rewarded regularly, Dogetti refers to its users as “The Family” while ensuring the transfer of wealth into the Decentralized Finance (DeFi) ecosystem.
Dogetti prides itself on being different from many other meme coins in the market with its unique and resilient ecosystem, which offers DogettiNFT, DogettiSwap, and DogettiDAO. DogettiNFT will allow users to adopt their very own Dogetti puppy, which can be used as a digital companion. DETI holders can breed, grow, and then sell other Dogetti NFTs in exchange for fiat or crypto.
DogettiSwap, Dogetti’s flagship feature, allows users to swap any ERC-20 token in a matter of seconds with a 6% tax fee on every transaction. 2% of this will be redistributed to all Dogetti token holders, 2% will be added to the charity wallet, and the remaining 2% will be split between the liquidity and burn wallets. DogettiDAO will essentially focus on encouraging the DETI family to be at the forefront of the project, where every decision and future action of the ecosystem will be voted on and decided by the Dogetti family members.
Dogetti is currently in the presale stage and has ripped past the halfway mark of the first stage and has so far raised $314,704 in presale tokens and will progress to the next stage when it raises $500,000 in presale tokens.
Find out more about Dogetti (DETI):
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_
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