Top 5 Dogecoin Alternatives with Higher Upside Potential
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Dogecoin continues to be the top meme coin in the crypto market. But it is not unrivalled. Especially stepping into this year, Dogecoin has had to face high competition.
While Dogecoin makes the best use of the hype around its meme coin status and Elon Musk’s tweets, the meme coin market in general has come a long way. New coins are creative, useful, and more importantly, relevant as far as a blockchain asset is concerned.
Meme Coins with Higher Upside Potential than Dogecoin
We have listed five meme coins that can give Dogecoin a run for its money this year. We have analyzed the crowded market in depth to find projects that won’t be just a short-term phenomenon.
1. Love Hate Inu – Meme Coin with the Highest Growth Potential in 2023
2. DeeLance – Altcoin Dedicated to Freelancing and Recruitment
3. Ecoterra – Recycle2Earn Meme Coin with Global Appeal
4. Shiba Inu – Dogecoin Killer with Plenty of Steam Left
5. Bonk Coin – First Solana Dog Coin for the People, by the People
A Closer Look at Dogecoin Alternatives
How do these cryptocurrencies maintain an edge against Dogecoin and rise to the top of the meme coin market? That’s what this section is all about. We will take a deep dive into the underlying project, products, ecosystem, vision, value propositions, and action plan to find the answer.
1. Love Hate Inu – Meme Coin with the Highest Growth Potential in 2023
Love Hate Inu is one of the most talked-about cryptocurrencies this year. Although the project is in the presale phase, it has managed to build exposure and penetrate a broad market. At the heart of it, Love Hate Inu is a vote-to-earn crypto. So, let’s start there.
What exactly is a vote-to-earn crypto?
As the name implies, a vote-to-earn crypto allows you to vote and earn crypto in return. If a play-to-earn project is rooted in the gaming market, vote-to-earn crypto changes the face of the fast-growing online survey market.
According to the Business Research Company, the global online survey software market has exploded from $2.79 billion in 2022 to $3.2 billion in 2023 at a CAGR of 14.6%. The prediction that the market will grow to $5.69 billion by 2027 at a CAGR of 15.5% by the Business Research Company further gives a hint of the fertile market that Love Hate Inu is stepping into.
Businesses are increasingly using surveys as a means to understand customer behaviour, interests, and spending patterns. While there are many tools available in the market, they are highly centralized and prone to manipulation. We know centralized social media heavyweights like Facebook and Instagram misuse algorithms to their advantage and steal data from users. That’s the limitation of Web 2.0. We can’t design a transparent solution for online surveys in the traditional market.
This is where Love Hate Inu steps in with a unique, fun Web 3.0 solution. It introduces a transparent voting platform integrated with crypto incentivization. Here, you can vote on a wide range of topics from politics to pop culture and the economy. It can be used by prediction markets to source crowd wisdom, brands to understand their respective markets better, or for any purpose that can benefit from transparent surveys.
This is how it works
Here is a quick look at how you can join Love Hate Inu’s vote-to-earn system:
1. Stake your tokens
2. Vote in trending polls
3. Earn free crypto
4. Create custom polls and earn rewards.
Love Hate Inu’s staking mechanism, being secured by smart contracts, is immune to spam and manipulation. That renders the voting process both verifiable and anonymous. The blockchain foundation of the platform gives it a sharp competitive edge against its traditional counterparts in terms of security, transparency, and decentralization. If you have any concerns about the authenticity of the poll, results, or reward distribution, you can always verify that on the blockchain. It is out for anyone to see.
You need to stake your LHINU tokens to participate in the polls listed on the platform. The team will create the polls in the initial phases. But the dashboard will be updated along the way to accept topics from the public. That essentially means that Love Hate Inu is moving towards a community-first vote-to-earn ecosystem.
A voting platform by the community, for the community
Meme coins are mostly community-centric. The multifold price hike of tokens like Dogecoin, Floki Inu, and Shiba Inu have to do with the staunch support of investors. They can pump or dump the tokens if they will. So, the future of a crypto meme coin lies in the hands of the community. That said, a meme coin built solely on community power has no long-term relevance.
A closer look at the meme coin market reveals that most projects are flimsy with little to no utility. They don’t serve a purpose other than benefit from wild or paid speculation. As a result, they bite the dust within days of going live, leaving investors empty-handed overnight. So, if you are looking for a meme coin for short-term returns, you have plenty of projects to choose from.
But if you’re looking for one with long-term relevance and growth potential, you should focus on utility. That’s the reason Love Hate Inu tops this list. It explores blockchain innovation to put forward a tangible solution in the growing online survey market. At the same time, it taps into the meme coin market to draw attention to its ecosystem.
To begin with, 90% of the LHINU supply will be sold in the ongoing public presale to ensure that the community holds the majority of the tokens. Only the remaining 10% is allocated for liquidity, listing fees, and community rewards. It ensures that the community has a say in the operations and development of the platform.
Is it too late to buy LHINU?
Love Hate Inu is hosting a presale of its native currency LHINU now. The meteoric presale strengthens the speculation that LHINU is on the path to becoming the next big meme coin. The project is close to breaking past the $3M mark already.
The presale will continue for a few days more with a gradual price hike. While it’s not too late to buy LHINU, you should get in early to grab the best presale discounts. And once the token is live on cryptocurrency exchanges, it is predicted to climb 10X-20X in the first month alone. That would make it a hefty investment and diminish the returns.
| Presale started | March 7, 2023 |
| Purchase Methods | ETH, USDT, Transak |
| Chain | Ethereum |
| Min Investment | N/A |
| Max Investment | N/A |
2. DeeLance – Altcoin Dedicated to Freelancing and Recruitment
The freelancing industry is growing. A report finds that more than 65% of working people want to work full-time as remote employees. In fact, the global gig economy is expected to cross $450 billion in 2023 and the freelancing industry to surpass $12 billion by 2028.
In essence, more businesses are looking to expand their freelance network. When it comes to small businesses, freelance hiring is flexible and cost-effective with no long-term commitment. And skilled professionals are opting for freelancing to get ahead in their careers.
DeeLance is building a freelancing and recruitment platform rooted in Web 3.0, a market that was valued at $6 billion in 2021 and is expected to grow to nearly $64 billion by 2029. Web 3.0 projects, being relatively new and experimental, opt for freelancing professionals mostly.
DeeLance brings more transparency and decentralization to the freelancing market, while altering the perception of the work in the future by delivering a backend innovation. It radically changes the way freelancers connect with potential employers. The platform provides transparent and secure tools and ownership rights to users in a truly decentralized digital economy.
Let’s see how.
Fast, efficient, and easy
On DeeLance, it will hardly take you a minute or two to apply for a job or post one. The best part is that there will be no browser plugins, third-party apps, entering credit card details, or wallet-linking. The platform is designed to be fast, efficient, and easy – tapping into the true potential of blockchain technology. Both freelancers and buyers can work together without intermediaries in a fair ecosystem.
Decentralized and transparent operations
A key issue that most people experience on traditional freelancing and recruitment platforms is the lack of control over data. Your data is not yours and can be misused by other parties, including the platform. For example, many platforms sell user data to marketing and advertising companies. That turns your data, however personal that is, into a commodity. Traditional freelancing sites generate money by charging high commission fees on escrow, advertising low-ranked services, and using personalized data of users.
DeeLance features an automated dispute system where all buyer and seller reputations are stored on the public blockchain. All stakeholders can rely on the platform and verify the data.
Trustless dealings
DeeLance uses secure escrow accounts to implement trustlessness into the ecosystem. They ensure that freelancers receive payment for the services they provide.
The escrow system on DeeLance requires employer funds to store their funds safely in these accounts. Once the freelancer completes the contracted work to the agreed specification and standard, the funds are released to them. Since all transactions between the employer and the freelancer are overseen by smart contracts, there is no scope for manipulation or fraud.
Fast Payments
Payments on DeeLance are made in cryptocurrencies, eliminating the hassles of currency exchange and hefty commissions.
An effective solution against copyright violations
Most importantly, freelance work submitted on the platform can be turned into NFTs. Why does it matter? It ensures that the employer has full rights to the work they’re paying for. Tokenization goes a long way in mitigating copyright violations.
Low Fees
DeeLance charges much lower fees than legacy competitors since it brings employers and freelancers under one umbrella without a long web of intermediaries.
You can now buy DLANCE, the native cryptocurrency, from the official website using ETH, USDT, or credit card. The project is launching the presale of DLANCE in different stages. Grab them early for the best discounts. The funds secured from the presale will be used to build the DeeLance NFT marketplace & metaverse app and to establish its industry foothold through global networking.
| Presale Started | 30 March 2023 |
| Purchase Methods | ETH, USDT, Credit Card |
| Chain | Ethereum |
| Min Investment | $10 |
| Max Investment | None |
3. Ecoterra – Recycle2Earn Meme Coin with Global Appeal
Next on our list is Ecoterra, a first-of-its-kind Recycle2Earn application. It reinvigorates the green market by introducing a large ecosystem underpinned by crypto incentivization. Its blockchain solution against climate action is designed to make a tangible difference.
The targeted user base of Ecoterra includes individuals, small businesses, large corporations, industries, governments, and non-governmental organizations (NGOs).
Let’s take a peek at Ecoterra’s feature-rich ecosystem:
| Recycle2Earn application | Web 3.0 app that allows you to earn Ecoterra tokens for each item you recycle. It tracks your contributions, adds them to your user profile, and converts them into achievements and NFTs. |
| Carbon offset marketplace | Allows individuals and organizations to offset their carbon footprint by donating to environmental projects worldwide. Implements one of the most trusted standards for project verification. Each ton of carbon you offset is added to your impact profile as achievement and minted as NFTs once a target is reached. |
| Recycled materials marketplace | Shrinks the gap between companies and recyclers. Companies can search for the recycled materials they need like plastic, aluminum, or glass. Then, they can connect with recyclers, place orders, and make payments. |
| Impact trackable profile | Companies can publish their contributions to environmental initiatives, reach a large user base, and procure valuable data on user profiles and behavior. |
Ecoterra’s market relevance and growth potential lie in the fact that it acknowledges the importance of rewards and recognition in climate action. The system can bring more efficiency to environmental initiatives. Ecoterra is an excellent alternative to meme coins like Dogecoin this year due to its impressive use cases in the green market.
The most profitable investment gateway to the project is the ongoing Ecoterra presale. Like all presales mentioned here, the price of Ecoterra will increase as it moves to the next stages.
| Symbol | ECOTERRA |
| Network | Ethereum ERC-20 |
| Total Supply | 2 Billion |
| Buy with | ETH, USDT, Card |
4. Shiba Inu – Dogecoin Killer with Plenty of Steam Left
If this list was made a year or two back, Shiba Inu would have topped it. But the project has lost most of its value over the last year. That is both a good thing and a bad thing.
Shiba Inu three-month price chart, 6 Apr 2023, source: CoinMarketCap
On one side, Shiba Inu has failed to live up to expectations as it compromised on its ambitious roadmap along the way. And on the bright side, the token is 87.56% down from its all-time high, which leaves plenty of room to bounce back.
Investors who buy the dips are looking at a rich market. Although the value would hardly come from the token’s utility, it is still one of the most popular meme coins out there. It can tap into other meme coin rallies to drive its value like it always has.
5. Bonk Coin – First Solana Dog Coin for the People, by the People
Another meme coin that can benefit from the meme coin hype, and not necessarily utility, is Bonk Coin. BONK is the “first Solana dog coin for the people, by the people” with close to 50% of the total supply airdropped to the Solana community. The project has a simple but ambitious goal of bringing fun and liquidity back to Solana.
It currently has a self-reported market cap of $32,695,392, which is neither too high nor too low. It speaks for the credibility of the meme coin while leaving room for growth.
Which is the best Dogecoin alternative in 2023?
If you want to add an established meme coin to your portfolio regardless of low returns, Shiba Inu is the answer. If you’re looking for a meme coin adventure, Bonk Coin makes an excellent choice. And if you’re on the hunt for utility-rich alternatives to Dogecoin, you should invest in Love Hate Inu, Ecoterra, and DeeLance. All of these three projects are in the presale phase, leaving a large room for growth. Love Hate Inu, in particular, has high growth potential due to its fun and relevant use case in the online survey market.
To participate in the Love Hate Inu presale, you’d need a crypto wallet stocked up with ETH, BNB, or USDT. Have enough funds? Head to the presale page and click the BUY NOW button. Connect your wallet to the page. Now, choose a method based on your preferred method of payment. Enter how much LHINU you want to buy, confirm the gas cost, confirm the transaction from your wallet, and that’s it. To keep track of the presale milestones, token claim, and token launch, don’t forget to follow Love Hate Inu on social media platforms.
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Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr
