As many know, 2022 has been one of the most volatile years for the cryptocurrency market. While some have made millions of dollars from buying the dip, others have lost fortunes. It begs the question, when is the best time to invest in the crypto market? This editorial piece will examine three cryptocurrencies performing well at the time of writing, showing that the crypto market is not all doom and gloom.
Litecoin (LTC) and BNB (BNB) are two established crypto platforms that could prove beneficial to add to your portfolio through Q4, offering substantial returns in the past seven days. Dogeliens (DOGET) is in the infant stages of its crypto journey, developing a vibrant ecosystem that could rival meme coin giants like Dogecoin (DOGE) and Shiba Inu (SHIB). Let’s take a look at each of their ecosystems!
Dogeliens Looks To Transform The NFT Sector
Dogeliens has shown its commitment to the NFT sector, showing plans to release a 10,000-strong NFT collection. Those who hold Dogeliens NFTs are eligible for exclusive benefits and incentives in the Dogeliens ecosystem, including a special wing on the Dogeliens spaceship!
However, even holding the DOGET token will give you voting rights on the platform so you can decide what the future holds for Dogeliens. Users can also purchase a membership to the University of Barkington with DOGET tokens. The University of Barkington is a place of education, with thousands of hours of educational content on every sector of the crypto market.
Dogeliens understands the importance of charity. That is why the platform will take 3% of each transaction fee and place it into a charity wallet. The community will decide which charities receive the funds at the end of each month!
BNB’s Recovery After The Crash
Since the crypto crash, BNB has started its recovery. The platform has risen by 7.91% in the past seven days and 11.32% in twenty-four hours at the time of writing. Its increase could be due to the recent NFT collection release with Cristiano Ronaldo.
Ronaldo has grabbed the headlines since his explosive interview with Piers Morgan. The football superstar has since terminated his contract with Manchester United, leaving him without a club. However, his NFT collection appears to have helped BNB’s price increase, as the news of his first-ever NFT collection reached his 500 million followers on Instagram.
BNB’s recovery after the crypto crash comes as no surprise. The crypto giant hosts an array of services and tools on its platform, including a DEX, CEX, Charity, and NFT marketplace, that helps retain a healthy amount of daily active users.
Bitcoin’s Alternative In The Crypto Market – Litecoin
Litecoin has always been an alternative to Bitcoin (BTC). The platform is often referred to as the silver to Bitcoin’s gold. However, in recent times, Litecoin has performed better than the crypto market pioneer, Bitcoin.
The Bitcoin alternative, Litecoin, has increased its market capitalisation by 33.46% in the past seven days at the time of writing. This mammoth increase in value makes Litecoin one of the best performers in the crypto market after the crypto crash.
Litecoin offers faster transaction speeds and costs than Bitcoin, with a much lower energy-usage report. Litecoin reportedly uses half of the amount of energy that Bitcoin uses per transaction, showing that the platform is a valid alternative to Bitcoin for environmentally conscious crypto enthusiasts.
As mentioned above, the crypto market has seen an extremely volatile year. However, BNB and Litecoin are two prime examples of cryptocurrencies recovering quickly after the crash, representing a unique opportunity for crypto enthusiasts to buy the dip.
However, Dogeliens is also a valid cryptocurrency to add to your portfolio. The future looks bright for this new platform as it continues its successful presale, unaffected by the current market conditions.
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