What is DOGETOCOIN!?
Introduction
In a universe where memes rule emotions and cryptocurrencies, a mythical figure emerges: Dogeto, the God of Dogs Meme Coins. $DOGETO is not just a coin; it is a symbol of good fortune and unity in the crypto world. Having $DOGETO in your portfolio will not only bring fun, but also prosperity, boosting your other meme coins to new heights.
$Dogeto is not just a coin; it is a symbol of good fortune and unity in the crypto world.
- Network: Ethereum (ERC-20)
- Layer 2 development with faster transactions and cheaper network fees.
Utility: Fun, a symbol of good luck, and a charm to elevate your other meme coins, $DOGETO will feature its own blockchain, chain bridge, staking, and very fast transactions, $DOGETO will be on layer 2 of the etherium chain.
What is layer 2?
Layer 2 refers to a secondary framework or protocol built on top of an existing blockchain (Layer 1), such as Ethereum. This secondary layer improves the scalability, speed, and efficiency of the primary blockchain, allowing it to handle a higher volume of transactions at a lower cost.
Why Layer 2?
Layer 1 blockchains, such as Ethereum, can suffer from congestion, resulting in slower transaction speeds and higher fees. Layer 2 solutions address these issues by processing transactions off of the main Ethereum chain, reducing the load and allowing for faster, cheaper transactions.
Benefits of Layer 2 for $DOGETO:
1. You will have a staking system, you will earn $DOGETO for staking in 3 terms: 7 days, 30 days and 90 days, you can withdraw your $DOGETO whenever you want, the stake will be available on the platform by launching the $DOGETO token on centralized and defi exchanges.
2. Higher speed: Transactions on layer 2 are processed much faster than on layer 1. This means you can stake, trade and interact with $DOGETO at lightning speed.
3. Lower fees: With fewer transactions congesting the Ethereum mainnet, gas fees are substantially lower on layer 2.
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