Dogetti Is Taking NFTs To The Next Level As Solana Gears Up To Absorb The Helium Network In March
There are multiple sectors of the crypto market for users to familiarise themselves with. Dogetti (DETI) and Solana (SOL) have targeted several significant sectors of the crypto market, allowing crypto enthusiasts to boost their portfolios while enhancing their knowledge of the blockchain industry.
Solana is one of the leading crypto blockchains and is reportedly absorbing the Helium (HNT) network in March. The merge will encompass all Hotspots, wallets, and the Helium Network state. Another crypto platform that is turning heads is Dogetti. The new meme token platform has developed a unique NFT mechanism that could see millions of new users flock to Dogetti to acquire the NFTs.
Dogetti Introduces Breeding Mechanism To NFT Collection
Dogetti is joining the mass of canine-themed meme tokens in the crypto space. However, Dogetti is on a mission to separate itself from the rest, aiming to become the biggest family in the crypto space by presenting several innovative features to its ecosystem, including a unique NFT collection, a DEX, and a DAO.
The DAO will allow users to vote on decisions concerning the platform’s future. All you have to do is hold DETI tokens to participate in the DAO decision-making process. The Dogetti team has included this feature to allow the Dogetti family to contribute toward the path the Dogetti platform takes in the future.
So, what is the breeding mechanism that Dogetti will introduce to its NFT collection in the future? Dogetti plans to release an NFT collection in the fourth stage of its roadmap, with the breeding mechanism and NFT marketplace scheduled for the fifth stage. The breeding mechanism will give users the ability to breed their NFTs for additional companions, which they can sell for profit!
Solana Bounces Back After Dismal 2022 Display
Solana joined the crypto market in April 2019, becoming the first blockchain to utilize a combined consensus. The combination of Proof-of-History (PoH) and Proof-of-Stake (PoS) allowed Solana to reach an unprecedented 50,000 transactions per second at its peak performance.
Although Solana was among the cryptocurrencies that underperformed during the 2022 bear market, the platform has made a remarkable recovery in Q1 of 2023. Solana has increased its market capitalization by 28.60% in the past seven days at the time of writing.
As mentioned above, Solana is absorbing the Helium network on the 27th of March. The merge shows just how powerful the Solana blockchain is, and once the migration is complete, a new version of the Helium wallet will be made available to Helium users.
News Of Solana Merge Helps Helium Surge
Helium was introduced to the crypto market in 2019 to allow low-powered devices to communicate with one another and send data across the network of nodes. To say it achieved this is an understatement.
The Helium network prioritizes security, ensuring end-to-end encryption for all communications on the blockchain. Its commitment to security is one of the many reasons Helium has retained a large user base throughout its history.
The news of the Solana merge has helped Helium experience a positive trend in the past seven days. The crypto platform has increased its market capitalization by 30.85% in the past seven days at the time of writing.
Final Thoughts
The news of Solana absorbing the Helium network has been well received by the crypto community thus far, with both platforms experiencing positive trends at the time of writing.
Another crypto platform to keep your eye on this year is Dogetti. The new meme token platform has shown its commitment to creating a community-centric cryptocurrency that could help users grow their portfolios exponentially.
Additionally, the Dogetti team has released a promotion code that entitles newcomers to 25% bonus tokens with their presale purchase. The code is ‘WISEGUY25’. Use it now to receive yours!
For more information on Dogetti (DETI), please visit the following links:
Presale | Website | Telegram | Twitter
Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.