New York, New York--(Newsfile Corp. - November 13, 2021) - Dogelon community joins Bitrise coin. Dogelon Mars is a micro-cryptocurrency built on the Ethereum blockchain. It is a cryptocurrency project working to become the first interplanetary currency. The native coin for the Dogelon platform is Elon and was launched on 23rd April 2021. The nature of the Dogelon crypto coin will be the most discussed topic. This is because Dogelon does not fall in the meme crypto category since the team says it will be an evolving project.
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Like other crypto coins, the Dogelon community will be looking forward to good returns. This means Dogelon has to compete with other crypto projects. In the recent past, Dogelon has been compared with emerging crypto coins that will be tough competitors. One of the coins competing with Dogelon is Bitrise, a new coin that is mooning and exciting the crypto community. Bitrise coins launched on 28th July 2021, two months after Dogelon.
Bitrise coin is a DeFi protocol running on Binance Smart Chain, while Dogelon has not been defined as Defi. The team behind Bitrise project is developing a disruptive decentralised financial system. Dogelon so far has not developed a payment system.
Unlike Dogelon, Bitrise platform will be making a real impact on society. The Bitrise has laid out a roadmap on how this will be achieved. Dogelon still has no whitepaper on its page. There is also no roadmap on the Dogelon main website.
According to the Bitrise team, the coin has been receiving thousands of new members from other crypto communities, and Dogelon is one of them. Bitrise is developing the biggest DeFi protocol, which is appealing to the Dogelon community.
Both Bitrise and Dogelon tokenomics are different. Bitrise burned 50% of quadrillion tokens in supply upon launching, just like Dogelon.The remaining 50% of Dogelon tokens is permanently locked in the Uniswap liquidity pool. Unlike Dogelon, the remaining 50% of Bitrise tokens, only 38% goes to the liquidity pool, unlike 50% of Dogelon quadrillion tokens. Therefore, Bitrise tokens will create higher demand than Dogelon because of the smaller number in the pool.
Bitrise is a hyper-deflationary token, a factor that is appealing to the Dogelon community. Bitrise will have tokens in the pool bought back and burned automatically using a buyback contract, while Dogelon is yet to provide buyback and burning details.
Bitrise investors are rewarded for holding the token, which is not happening at Dogelon. For holding Bitrise tokens, users will get a share of the tax charged on every token sold in BNBs. This is not happening at Dogelon. The Dogelon website has no info on token-holding rewards.
The Bitrise team announced the start of the staking process before the Dogelon team. According to the Bitrise team, after the staking announcement, there was a rise in Dogelon community members joining Bitrise. Dogelon still hasn't developed its staking program for Dogelon token holders.
Bitrise will soon launch more utilities, including community members' passive income from staking. The team says it is expecting more Dogelon members to join before the launch of the staking program.
Bitrise has done a lot in developing its DeFi protocol and is now attracting the Dogelon community. Therefore, there might be more Dogelon community members joining Bitrise.
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