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Dogen Targets $5 Before 2025, Outshining Cardano and Polkadot Growth

The post Dogen Targets $5 Before 2025, Outshining Cardano and Polkadot Growth appeared first on Coinpedia Fintech News Cryptocurrency markets are buzzing with talk of Dogen’s potential leap in value. Predictions hint that Dogen might reach the $5 mark before the year 2025. This rise could outperform the growth of major players like Cardano and Polkadot. Such prospects have caught the eye of investors and enthusiasts, sparking curiosity about Dogen’s next moves. DOGEN Pumps Hard: The Strongest Meme Token Dominating Crypto Doge, Shib, and Floki will be left whimpering as the real alpha storms in. Meet DOGEN – the baddest, most bullish meme token to ever hit the market. Only the strongest, most fearless holders can tame it. Big muscles and balls of steel – that’s DOGEN. No dips, no drama – nothing but hardcore! Just moving forward to ATHs! Like it tough? Then DOGEN is the right token for you. Frogs leap away – DOGEN will show who is the boss here ! Supercharged from day one, it’s primed to explode with a 700% surge expected in the coming months. This Solana-powered beast is ready to pump out insane, thousand-fold gains await! DOGEN’s got a little something special for its hardcore believers — an airdrop ! Want in? All you gotta do is flex those social muscles, grab some tokens during the presale, and start recruiting the DOGEN army with your referral link. For every recruit, you’ll pocket a juicy 20% of the Golden Points from their token buys. And it doesn’t stop there. DOGEN’s referral game is fierce ! You’ll rake in 7% of every token your direct bros (1st level) buy with your code. And it gets sweeter — the more bros you bring, the more levels you unlock, stacking up profits like a boss. Altseason is on the horizon, and DOGEN holders will be the ones leading the charge . Wanna dominate the crypto market? Then join the DOGEN army! It’s a community for true winners who enjoy exclusive campaigns, killer perks, and the top deals in the game. Afford yourself a luxury life! Posh cars, stacks of money, and beautiful women – that’s all for DOGEN holders who don’t settle for less. Flex Hard, Earn Big – DOGEN is Your Next Power Play! Polkadot (DOT): A Protocol For Interoperable Blockchains Polkadot (DOT) is a decentralized protocol and cryptocurrency that allows secure communication between different blockchains without intermediaries. It enables the sharing of value and data across networks like Ethereum and Bitcoin. Polkadot employs parachains to enhance speed and scalability, processing more transactions than Bitcoin and Ethereum. The DOT token is used for governance and staking within the network, allowing holders to participate in its development and transaction verification. Developed by Gavin Wood, a co-creator of Ethereum, and launched on May 26, 2020, Polkadot aims to create more interconnected and efficient blockchains. With its technological approach, DOT may be considered attractive in the current market cycle. Cardano: A Sustainable Blockchain Platform with High Scalability Cardano is a blockchain platform designed for smart contracts, enabling decentralized finance apps, crypto tokens, and games. Its native cryptocurrency, ADA, allows users to store value, make payments, and stake on the network. Cardano uses the Ouroboros proof-of-stake mechanism, making it energy-efficient compared to proof-of-work models. The blockchain is divided into two layers: the Settlement Layer for transactions and the Computing Layer for smart contracts, enhancing its processing capability potentially up to 1,000,000 transactions per second. With the introduction of native tokens in March 2021, Cardano offers secure, low-fee interactions with smart contracts. Given its innovative technology and sustainable approach, ADA may be an attractive option in the current market cycle. Conclusion DOGEN is poised for significant gains, aiming for $5 before 2025. While coins like Polkadot (DOT) and Cardano (ADA) show less short-term potential, DOGEN appeals to those seeking the best in life , embodying luxury and success. With expected 700% growth in presale and potential thousand-fold returns, it builds a community of market leaders offering real benefits and exclusive perks. Site: https://dogen.meme/ Twitter: https://x.com/dogenmeme Telegram: https://t.me/Dogen_Portal The Daily Hodl

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Ronin’s DeFi TVL Grows 149% YoY, Boosted by RON Token’s 30% Price Rise

Ronin, the Layer 1 blockchain developed by Sky Mavis, experienced a significant 149% year-over-year increase in DeFi TVL, reaching $147 million in Q3 2024. There are several factors influencing this growth. One of the major catalysts was, however, the price surge of the RON token. Ronin’s DeFi, NFT Demand Grows According to Messari’s latest report , Ronin’s DeFi TVL rose from $59 million in Q3 2023 to $147 million in Q3 2024. The figure was boosted by a 30% increase in the RON token price and wider ecosystem adoption. At the same time, native token TVL fell by 36%, from 128 million to 82 million tokens, indicating less participation. This could be because of fewer token-locking incentives, a shift to gaming and NFTs, and a preference for holding RON tokens. RON holders increased by 11,611%, reaching 527,000 in Q3 2024, with a 20% growth from Q2. Interestingly, Katana DEX holds a dominant 99% share of the total DeFi TVL on the Ronin network, while the next two largest protocols, Sablier Finance and MetaLend, contribute just 0.0029% and 0.77%, respectively. As the main decentralized exchange on Ronin, Katana drives liquidity and token swaps for assets like RON, AXS, and SLP. While Katana’s TVL dropped 9% QoQ from $165 million in Q2 2024 to $150 million in Q3 2024, it saw a 154% YoY increase, rising from $59 million in Q3 2023 to $150 million in Q3 2024. Throughout the year, Ronin’s daily NFT buyers generally outnumbered sellers, indicating a preference for holding. In Q3 2024, both buyers and sellers grew by 17%, with the former rising from 4,400 to 5,100 and the latter from 3,700 to 4,300. This growth followed a record-high in June this year, fueled by the Coinbase Learn campaign and Ronin Carnival, which featured Axie Infinity missions, a $1 million competition from Apeiron, and free trials from 0xScope. These events led to peak engagement with 28,000 buyers and 20,000 sellers. Zooming out, Ronin’s daily transactions grew 24% QoQ in Q3, rising from 1.8 million to 2.2 million. This growth was driven by new games and partnerships. However, average daily transaction fees fell 20% QoQ, dropping from $7,000 to $5,000, likely due to Ronin focusing on expanding its ecosystem. Compared to Q3 2023, daily transactions skyrocketed by 2,300%, from 90,000 to 2.2 million, and transaction fees rose 4,000%, from $134 to $5,000. Active addresses also grew by 23% QoQ, while new addresses increased by 22%. Ronin’s Security Woes Known for being the victim of the most costly DeFi hack, Ronin was breached in 2022 when an attacker used inadequate private key security to authorize a fraudulent transaction, draining $624 million from the cross-chain bridge. In August 2024, the platform suffered another attack, losing $12 million due to a smart contract flaw introduced by a recent upgrade. The post Ronin’s DeFi TVL Grows 149% YoY, Boosted by RON Token’s 30% Price Rise appeared first on CryptoPotato . The Daily Hodl