Following Elon Musk’s takeover of Twitter, Dogecoin has seen a massive price surge amid speculation about integrating the token onto the social media platform. However, investors are looking for other token alternatives due to Dogecoin’s high levels of volatility.
This guide will discuss three popular Dogecoin alternatives: Dash 2 Trade, IMPT and Calvaria.
Dogecoin price increase
Since October 2022, the price of Dogecoin (DOGE) has increased by 125%. One of the main reasons for this price hike is the news that Elon Musk has finally taken over Twitter. On October 27, 2022, Elon Musk closed the acquisition of the popular social media platform.
Following the news, the price of DOGE soared instantly over the past week. Investors are speculating that Twitter might adopt Dogecoin as a payment method, which could help boost the trading volume and use cases of one of the top meme coins in the space.
However, Dogecoin has been one of the most volatile cryptocurrencies in recent years. DOGE is still more than 80% below its all-time high (ATH) of $0.73 and retracing its current pump wouldn’t be unexpected, especially since DOGE has infinite supply. For this reason, some investors may be looking for less risky and smaller market capitalization cryptocurrencies to buy and hold.
Dash 2 Trade: The best alternative to Dogecoin in 2022
Dash 2 Trade (D2T) is a new crypto analytics and social trading platform. With D2T, the native cryptocurrency, investors can access a wide range of trading signals, charts and features to enhance their trades.
After purchasing D2T, investors can leverage the token to purchase monthly subscriptions on the Dash 2 Trade dashboard. Some available features include social indicators, which analyze potential price movements by monitoring social media trends and engagement levels of an asset.
According to the Dash 2 Trade white paper, the platform will also incorporate an automated trading feature, real-time cryptocurrency listing alerts, and risk profilers to help investors. A social trading platform, Dash 2 Trade, will also hold weekly trading contests for D2T token holders, with the opportunity to earn free token prizes.
Currently in Phase 2 of a 9-round pre-sale, D2T is available for purchase at $0.05 per token. However, the price will rise to $0.0662 in the last stage, which is a 32.4% increase in price. With the multiple use cases offered by the token, D2T has the potential to become one of the best crypto investments in the long term.
The pre-sale of D2T has already raised more than $3.4 million. The price will increase to $0.0513 during the third presale round after the project raises $5.16 million. Visit the Dash 2 Trade Telegram channel to stay updated on the latest news of the project.
Invest in D2T presale
2. IMPT – The most sustainable cryptocurrency project to buy in advance
Aiming to offset carbon emissions to combat climate change, IMPT is a new pre-sale crypto token. The platform offers Carbon Credit NFTs, minted via smart contracts on the Ethereum blockchain.
IMPT has partnered with hundreds of retailers and companies willing to contribute a portion of their sales margin to green projects. Customers can receive cashback from IMPT’s shopping platform after shopping with their favorite brands. Cashback is received as IMPT token, the native cryptocurrency.
After accumulating a certain number of tokens, IMPT can be used to purchase Carbon Credits. Each credit represents approximately 1 ton of CO2 emissions to be removed from the atmosphere. After receiving the asset, holders can trade the Carbon Credits or burn them online to effectively remove the emissions they represent.
Currently, IMPT is available for presale purchase at just $0.023 per token. During the ongoing second presale round, IMPT has listed 660 million tokens. Since the presale began, IMPT has raised over $11.6 million and sold 637,000 tokens.
Visit the IMPT whitepaper and Telegram channel to learn more about the project.
3. Calvaria: The Best New Pre-Sale Play-To-Earn Crypto Token
Another Dogecoin alternative is Calvaria, a new play-to-earn (P2E) ecosystem. Calvaria is a battle card game where players can compete for token prizes in various competitions.
Battle Cards are minted as NFTs on the platform and can be upgraded to give users more chances to win. The platform hosts two currencies: $RIA and $eRIA token. While RIA is the native cryptocurrency, eRIA is used as the official in-game currency to purchase Battle Cards and virtual items.
Players earn platform rewards with RIA, which can also be wagered to participate in the Calvaria Decentralized Autonomous Organization (DAO). RIA is available for presale purchase for just $0.02 per token.
The project hosts 10 pre-sale rounds, with a hard cap target of USDT 9.75 million. Currently in Phase 3, RIA has sold out 66% of the 90 million tokens available in the current round.
Read the Calvaria whitepaper to learn more about this project. With over 28,000 members, readers can also join the Calvaria Telegram Channel to stay updated on the project.
Visit Calvaria Presale
Image by KNFind from Pixabay