Follow Dogecoin (DOGE) And These 2 Low-Flying Coins: Floki Inu (FLOKI) and Calyx Token (CLX)

Dogecoin

Dogecoin, Floki Inu, and Calyx Token are set to uplift crypto wallets from the major crashes

With the current crash striking the overall crypto market, it can be difficult to know which cryptocurrencies to follow. This piece will brighten the mood and cover three interesting and fun cryptos, including now-famous Dogecoin (DOGE), and two others that have escaped the spotlight: Floki Inu (FLOKI) and pre-selling Calyx Token (CLX).

Dogecoin (DOGE)

Unquestionably, Dogecoin (DOGE) is a favorite of Tesla’s eccentric CEO Elon Musk, who regularly goes on about it on his preferred social media, Twitter. This prominent support pushed DOGE to all-time highs during the crypto bull run of May 2021, when it soared as high as $0.74 a piece, a price it hasn’t achieved again since.

Having started as a joke project aimed at ridiculing cryptocurrencies back in 2013, Dogecoin now rose to become one of the largest cryptocurrencies by market capitalization, rivaling other “serious” market leaders like Avalanche (AVAX), NEAR Protocol (NEAR), Polygon (MATIC), and others.

With the ongoing selloff occurring in the wider crypto market, DOGE has now fallen below the symbolic $0.10 mark, trading around 8 cents apiece and boasting a $10 billion market cap at press time.

In an attempt to continue expanding its user base, the Dogecoin team has announced it to be working on a number of new solutions including online content libraries called Libdogecoin and Dogepedia.

Dogecoin is also developing the so-called “Gigawallet”, a highly-customizable API that will allow developers to begin processing DOGE transactions in a matter of minutes.

Despite these initiatives, Dogecoin is destined to remain a meme-coin by nature, as it was the philosophy it was built upon. It would therefore be unrealistic to expect a new ground-breaking utility to be created for DOGE, even though Tesla started accepting DOGE payments at its Superchargers a few weeks back.

Dogecoin is likely to remain a social coin, a symbol of a community that does not seem to get enough of memes and cute dogs. The recent selloff gives you an opportunity to be a part of this community for a discount!

Floki Inu (FLOKI)

Another dog coin, yet a much lesser-known one, Floki Inu (FLOKI) is another of Musk’s personal favorites. This is notably due to the project’s mascot, a Shiba Inu topped by a Viking helmet, which outspokenly draws inspiration from Musk’s personal dog.

Floki Inu distinguishes itself from Dogecoin by actively focusing on metaverse and virtual reality developments.

For that purpose, the project already developed a line of products, including a play-to-earn (P2E) metaverse called Valhalla; an NFT marketplace called FlokiPlaces; and an online education platform called Floki Inu versity.

FLOKI is now accepted as a form of payment at more than 1700 businesses thanks to a partnership with CryptoCart (CC). Floki Inu aims to continue expanding its token’s utility by partnering with Curate (XCUR), a blockchain-based NFT and physical goods marketplace.

With the rising popularity of P2E and metaverse initiatives, Floki Inu appears like a fun and light-hearted project that could definitely appeal to the crypto community.

Calyx Token (CLX)

Calyx Token (CLX) is an emerging decentralized liquidity protocol currently about to launch on the market. Its native ERC-20 token, CLX, is also on presale at this moment, currently priced at around $0.0006 apiece.

CLX is already in its second presale round and will transition to its third round, which will be the final one, on June 6th. CLX is therefore expected to start trading publicly around mid-July.

Calyx is therefore developing a decentralized finance (DeFi) liquidity protocol aimed at enabling investors to easily access liquidity in the form of cryptocurrencies at low costs. In good DeFi philosophy, Calyx also connects investors directly together, cutting out unnecessary middlemen in order to create as inclusive an ecosystem as possible.

For that matter, Calyx also aims to create an integrated decentralized exchange (DEX) called CalyxSwap, which will make it simple for users to convert various cryptocurrencies and tokens easily.

CalyxSwap will be multi-chain and plans to launch on Ethereum (ETH), Polygon (MATIC), Binance Smart Chain (BSC), Fantom (FTM), and Avalanche (AVAX) respectively.

CLX token holders will also be able to vote and contribute ideas to the Calyx community via CalyxDAO, the project’s official decentralized autonomous organization.

Therefore, the Calyx team is currently at a crossroads, due to launch on the market within the next month and a half. For anyone interested in this project, its website is linked at the end of the article.

Learn more about Calyx Token:

Website: https://calyxtoken.io

Presale: https://presale.calyx-token.io/register

Telegram: https://t.me/CALYX_TOKEN_OFFICIAL

The post Follow Dogecoin (DOGE) And These 2 Low-Flying Coins: Floki Inu (FLOKI) and Calyx Token (CLX) appeared first on .



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