Litecoin Cannot Overthrow Bitcoin, but Dogeliens Might

The Bit Journal Editor
By The Bit Journal Editor 1 comment
4 Min Read

Bitcoin (BTC) is the oldest cryptocurrency, and it has been the undisputed king of the crypto market for a very long time. Its creation inspired the creation of so many other cryptocurrencies, and Litecoin (LTC) was one of those that was created to serve as a Bitcoin (BTC) alternative. Although it did very well, Litecoin (LTC) couldn’t replace Bitcoin (BTC) at the top of the market. However, there’s a new meme coin that has the potential to do this. Dogeliens (DOGET) could be the one that finally takes that coveted top spot away from Bitcoin (BTC).

Litecoin Cannot Overthrow Bitcoin, but Dogeliens Might = The Bit Journal

The Dogeliens (DOGET) Era is About to Begin

Dogeliens (DOGET) is a new meme coin that’s here to change the game. Dogeliens (DOGET) wants to keep the legacy of the dog-themed meme coins in the crypto market going, and it has plans to usher in the next generation of meme coins. Dogeliens (DOGET) has been built to provide users with a fun meme coin and a lot of utility. It has incorporated all the best elements of meme coins.

First on this list is charity work and Dogeliens (DOGET) will give out 3% of transactions performed to charities that will be selected through democratic votes. Dogeliens (DOGET) has also incorporated Non-Fungible Tokens (NFTs) to its platform. Users can mint their Dogeliens NFTs and battle it out and have fun within the world Dogeliens (DOGET) is building. Dogeliens (DOGET) is ready to invade the Metaverse and the entire crypto market, and it could take over very soon.


Bitcoin (BTC) is Still Unrivaled in the Market, but this Might Change Soon

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Bitcoin (BTC) is a decentralized digital currency and it is the cryptocurrency that launched the crypto industry and introduced people to cryptocurrencies in their current form. Bitcoin’s (BTC) creator chose to remain anonymous and used the alias “Satoshi Nakamoto”. Satoshi gave control over Bitcoin’s code repository and the network alert key to Gavin Andersen and he later became the Bitcoin Foundation’s lead developer.

Bitcoin (BTC) is a Peer-to-Peer (P2P) currency and it allows users to perform Peer-to-Peer (P2P) transactions as equal members of the network. One of its major advantages is decentralization and transactions do not require an intermediary, unlike traditional financial institutions. Transactions are also almost instant which makes international transactions significantly easier than having to depend on the slow and clunky system that traditional banks work with.

Litecoin (LTC) isn’t at the Top of the Crypto Ladder, but it has a lot to Offer

Litecoin (LTC) is also a Peer-to-Peer (P2P) digital currency and it was built to be a faster and cheaper alternative to Bitcoin (BTC). It was created from a fork of the Bitcoin blockchain and both cryptocurrencies share a lot of similar code. Litecoin (LTC) was created by Charles “Charlie” Lee in 2011, and he made a lot of important changes to give Litecoin (LTC) an edge over Bitcoin (BTC). Chief among these is the hashing algorithm.

The Litecoin blockchain works with the Scrypt algorithm, which is faster and significantly more efficient than the SHA-256 algorithm used by Bitcoin (BTC). Because of this, the Litecoin blockchain can handle over 50 transactions every second with a block time of 2.5 minutes. Litecoin (LTC) is the most popular cryptocurrency from all the Bitcoin blockchain forks and is accepted by thousands of merchants worldwide.

Litecoin Cannot Overthrow Bitcoin, but Dogeliens Might = The Bit Journal

To find out more about Dogeliens (DOGET), visit the links below:

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