In the volatile cryptocurrency market, meme coins have become inseparable digital assets that have garnered many enthusiasts in ledger technology. Dogecoin is regarded as the initiator of meme coins raising billions of dollars in the virtual currency community. The project emerged as humor gaining massive traction due to the internet media hype. Dogecoin’s rise has significantly influenced the new Bitcoin fork that seeks to promote the growth of blockchain technology.
Will Dogecoin Go Up?
Like other digital currencies, Dogecoin has yet to be set aside from the current crypto sell-off. The meme coin has been on a downward trajectory since the market meltdown began in 2022. Moreover, other emerging meme coin alternatives have contributed to Dogecoin’s plummet. Crypto participants can mine Dogecoin after joining the network as an individual node.
These users will need to utilize mining rigs to solve transaction blocks. Participants who generate new blocks in the network receive 10,000 DOGE as mining rewards.
Bitcoin Spark Brings Fun and Functionality to Crypto
Some technological programs in financial technology lack the agility to convince and attract investors, hence not exploiting their full growth potential. Blockchain technology introduces a new platform known as Bitcoin Spark, which will initiate income-generation to its community members.
Moreover, there is transparency and security within the Bitcoin Spark as Vital Block and Cognito have audited the project. Interested parties can find the comprehensive audit reports on the project’s website in the “Investor Security” section
Bitcoin Spark’s native currency is BTCS. The Ethereum-powered token is the utility token of Bitcoin Spark and is also used as gas for the community. Community members who actively participate in the project’s development, including mining and validation, are rewarded using BTCS tokens. The token’s maximum supply is similar to that of Bitcoin, 21 million, and the launch supply is 4.55 million aggregating to 21.66% of the total supply.
The launch supply will be allocated as follows: Initial coin offering, pre-network launch and liquidity pools, and team tokens. During the ongoing third ICO phase, participants can purchase BTCS tokens at $2 per token and accrue a 12% bonus. Community members who buy the token during its current ICO phase will compound a 560% capital gain on 30th November when the project launches at a BTCS peg price of $10.
The platform also has a distinct RPC provider program that will enable reading data on the blockchain network. Having multiple execution layers, any RPC provider will provide two data streams of information concurrently. The development in the ledger technology will require a distinct wallet functionality that can interconnect with diverse layers. Therefore, the Bitcoin Spark application wallet will be the only wallet on the release once the project debuts live on the mainnet.
In a world of technological advancements, individuals need to adapt to the changes and evolve to create survival technology adaptability. Among the innovations is Bitcoin Spark, a crypto project that aims to make blockchain enthusiasts gain. The project has a new marketing model that will take over the traditional marketing systems and help the project gain mainstream adoption. Bitcoin Spark is the future of decentralization.
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