Blockchain
Dogelon Community Joins Bitrise Coin
New York, New York–(Newsfile Corp. – November 13, 2021) – Dogelon community joins Bitrise coin. Dogelon Mars is a micro-cryptocurrency built on the Ethereum blockchain. It is a cryptocurrency project working to become the first interplanetary currency. The native coin for the Dogelon platform is Elon and was launched on 23rd April 2021. The nature of the Dogelon crypto coin will be the most discussed topic. This is because Dogelon does not fall in the meme crypto category since the team says it will be an evolving project.
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Like other crypto coins, the Dogelon community will be looking forward to good returns. This means Dogelon has to compete with other crypto projects. In the recent past, Dogelon has been compared with emerging crypto coins that will be tough competitors. One of the coins competing with Dogelon is Bitrise, a new coin that is mooning and exciting the crypto community. Bitrise coins launched on 28th July 2021, two months after Dogelon.
Bitrise coin is a DeFi protocol running on Binance Smart Chain, while Dogelon has not been defined as Defi. The team behind Bitrise project is developing a disruptive decentralised financial system. Dogelon so far has not developed a payment system.
Unlike Dogelon, Bitrise platform will be making a real impact on society. The Bitrise has laid out a roadmap on how this will be achieved. Dogelon still has no whitepaper on its page. There is also no roadmap on the Dogelon main website.
According to the Bitrise team, the coin has been receiving thousands of new members from other crypto communities, and Dogelon is one of them. Bitrise is developing the biggest DeFi protocol, which is appealing to the Dogelon community.
Both Bitrise and Dogelon tokenomics are different. Bitrise burned 50% of quadrillion tokens in supply upon launching, just like Dogelon.The remaining 50% of Dogelon tokens is permanently locked in the Uniswap liquidity pool. Unlike Dogelon, the remaining 50% of Bitrise tokens, only 38% goes to the liquidity pool, unlike 50% of Dogelon quadrillion tokens. Therefore, Bitrise tokens will create higher demand than Dogelon because of the smaller number in the pool.
Bitrise is a hyper-deflationary token, a factor that is appealing to the Dogelon community. Bitrise will have tokens in the pool bought back and burned automatically using a buyback contract, while Dogelon is yet to provide buyback and burning details.
Bitrise investors are rewarded for holding the token, which is not happening at Dogelon. For holding Bitrise tokens, users will get a share of the tax charged on every token sold in BNBs. This is not happening at Dogelon. The Dogelon website has no info on token-holding rewards.
The Bitrise team announced the start of the staking process before the Dogelon team. According to the Bitrise team, after the staking announcement, there was a rise in Dogelon community members joining Bitrise. Dogelon still hasn’t developed its staking program for Dogelon token holders.
Utilities
Bitrise will soon launch more utilities, including community members’ passive income from staking. The team says it is expecting more Dogelon members to join before the launch of the staking program.
Bitrise has done a lot in developing its DeFi protocol and is now attracting the Dogelon community. Therefore, there might be more Dogelon community members joining Bitrise.
Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103428
Blockchain
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Blockchain
This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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