Wish To Sell Dogecoin Today? Buy These 5 Cryptocurrencies Instead - Our Picks
If you have plans to sell DOGE, then these are the 5 cryptos to consider instead of it now. Continue reading for a detailed review of each token.
DogeCash - One of the most energy-efficient meme coin alternatives
Shiba Inu - A meme coin with multiple use cases
DogeFi - The crypto with an evolving ecosystem
MonaCoin - The crypto with plenty of room for growth
Kishu Inu - One of the best DeFi coins in the space
A Closer Look At The 5 Cryptocurrencies To Buy Instead Of Dogecoin
The meme coin frenzy started in 2020, with Dogecoin gaining massive popularity among investors, especially celebrities. Dogecoin, which started as a joke, became a lucrative investment option for investors. Thanks to Elon Musk, who has been an ardent advocate of the coin across social media platforms.
However, meme coins have been a significant part of investors’ portfolios. Despite any volatility, investing in meme coins opens a massive opportunity for investors in 2023 and beyond. And with the rise of multiple gaming ecosystems and advanced blockchain technology, investors are looking for cryptocurrencies instead of Dogecoin to invest in now. Unfortunately, sifting the way through hundreds of meme coins and choosing the right coin is difficult. To help you out, here’s a list of 5 other cryptocurrencies to buy if you want to sell your Dogecoin.
DogeCash (DOGEC)
DogeCash is a unique meme coin alternative for Dogecoin created by combining the best qualities of DOGE and BTC. It employs PIVX as the codebase for its extraordinary privacy features. The network uses little to no energy to maintain its blockchain and mint new tokens. Unlike Dogecoin, DOGEC runs on an environmental-friendly Proof-of-Stake (PoS) consensus, making it one of the best sustainable meme coins to buy now. DogeCash also has solid tokenomics, with a circulating supply of 20,046,249 DOGEC coins and a maximum supply of 210,000,000 DOGEC coins.
Although its price has shown a period of intense volatility during the past month, analysts believe that this crypto could be a better alternative to Dogecoin. The DogeCash ecosystem has always been eventful and continues to roll out new features in the coming years.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Shiba Inu (SHIB)
Shiba Inu is one of the best meme coins to buy if you are planning to sell Dogecoin now. Unlike other meme coins, SHIB has numerous use cases, and its entry into the metaverse has been a major catalyst pushing its price. In addition, the token holders are open to multiple opportunities today as the token can now officially be used to purchase land in the SHIB metaverse.
On top of that, the launch of Shibarium, the layer-2 solution designed to lower transaction costs and enhance speed, has boosted the adoption rate of Shiba Inu. This allows Shiba Inu to compete in the booming decentralized application sphere efficiently. Moreover, the crypto already has plans for the future, with an eye on several metaverse projects, making SHIB a good buy now.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
DogeFi (DOGEFI)
Unlike other meme cryptos, DogeFi is an innovative gamified community creating opportunities for token holders to participate in price arbitrage. It also provides DOGEFI holders access to exclusive yield farming projects, making it the best crypto for a passive income.
DOGEFI began its journey at $0.01022431 on 16th November 2020. According to predictions, the crypto has the potential to hit a range between $0.77 to $0.88 by January 2025, provided it rolls out new features or network developments. However, the future of DOGEFI is also highly correlated to the overall performance of the crypto market. Despite being a highly speculative investment option, DogeFi provides users with high exposure to global technology and an ever-growing ecosystem.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
MonaCoin (MONA)
MonaCoin is a unique cryptocurrency created in Japan. The crypto was designed to be a peer-to-peer payment system that offers faster transactions than Bitcoin, with a block time of 1.5 minutes. MONA is one of the best cryptos to consider instead of Dogecoin, as it has massive potential to move upward in 2023 and beyond.
It also enjoys a high adoption rate as it is used to transfer funds between users and even as a mode of payment at multiple Japanese businesses. In addition, MonaCoin also boasts a community platform called Monappy that works as a bridge between a message board and an online market, allowing users to interact with each other, buy or sell products, and tip using MONA.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Kishu Inu (KISHU)
Kishu Inu entered the crypto sphere during the aftermath of the ‘meme coin’ craze in 2021. KISHU was created with numerous use cases to attract investors worldwide. The proposed goal of crypto is to bring cryptocurrencies to the mainstream and push their adoption. It is one of the best cryptocurrencies instead of DOGE as it brings in next-gen concepts such as participation rewards, NFTs, decentralized exchanges, and many more.
Kishu Inu has also made significant progress in the areas of DeFi and aims to become one of the best DeFi coins in the market. The crypto also has its own decentralized exchange called Kishu Swap, where users can use KISHU as a medium of exchange.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
There are several best and most advanced cryptos ruling the crypto world today, but meme coins have always been the funny and friendly side of crypto. While some coins are mostly community-driven, others have strong fundamentals and real-world use cases. Portfolio diversification is always a good idea for reducing risk and earning profitable returns, and these 5 cryptos could be a worthy alternatives to Dogecoin.
Read More:
Best Meme Coins To Buy This Month
How To Buy Meme Coins: 6 Steps For Beginners
Next Cryptocurrency To Explode
Top 10 Most Promising Cryptocurrencies
Best Cryptocurrency To Trade Right Now
Top Cryptocurrencies To Invest In
Top Cryptocurrencies To Buy During Inflation