Published
1 year ago on
November 06, 2022
Crypto enthusiasts are always looking for projects that could be 10X over a few months. However, they don't realize that a crypto token's real potential lies in its tokenomics and future roadmaps. This is why today you'll go through Decentraland (MANA), Aptos (APT) & Dogeliens Token (DOGET) in detail and figure out if they are worth holding in the long term. So, let's review them one by one!
What's Great About Decentraland (MANA)?
The first project under discussion is Decentraland (MANA). It's an ERC-20 cryptocurrency with blockchain running on the Ethereum (ETH) network. MANA was developed by a Silicon Valley entrepreneur going by the name of Ariel Meilich. According to his Bio, he had previous experience with CRM startups, so initiating this new venture didn't require many resources. Due to the collaborative efforts of his team and funding firms, MANA came into existence in the later months of 2017.
The main use case of this cryptocurrency is in the VR realm. MANA's blockchain enables digital creators and developers easy access to the metaverse. Individuals on its main net can trade virtual space and develop their ecosystems around it. Similarly, MANA is a big player on the governance side of things. Due to the recent metaverse hype, MANA has significantly improved its price tag. It's trading under the $10 mark, with an ATH of $5 at the beginning of 2021.
What's Great About Aptos (APT)?
The next token on the review is Aptos (API). It's widely renowned as a "Solana (SOL) Killer" in the market due to its similar application. Like MANA, API is a new cryptocurrency in the niche that Avery Ching founded. It's a decentralized project led by a team of more than 500 onboard developers.
Nevertheless, APT became operational near the end of 2022. It uses proof of stake consensus and is compatible with on-chain governance. APT aims to unite web 3.0 technologies and make the blockchain more accessible for every sort of consumer. Due to its robust roadmap, APT has received more than $300 million in VCS funding. Its maximum token supply is kept at the 1 billion mark, with more than 8% allocated for crypto pre-sale.
What's Great About Dogeliens Token (DOGET)?
