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As Ethereum reaches $20k and Dogecoin hits $1, the Euler Network prepares for the presale


Cryptocurrency enthusiasts and investors were in for a wild ride recently. Dogecoin (DOGE) celebrated “Doge Day” with a remarkable event, Ethereum (ETH) continued its bullish momentum, and the emergence of Euler Network added a new twist to the crypto landscape. In this article, we will delve into these developments, focusing on how Dogecoin celebrated its iconic dog, Ethereum’s fee surge, and the compelling investment opportunity that Euler Mining Coin presents.

Dogecoin’s Doge Day Celebration

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On Doge Day, something extraordinary happened. This beloved day for DOGE enthusiasts brought about a substantial increase in its value, thanks to a heartwarming celebration. This year’s Doge Day was particularly significant as it marked the 18th birthday of Kabosu, the original Dogecoin dog. To commemorate this milestone, the Dogecoin Foundation expressed their heartfelt regards in a post. What’s more, Kabosu’s fans rallied to create a bronze statue in her honour in Sakura City, Japan.

The impact of this celebration was not just sentimental but also financial. The Dogecoin price surged from $0.068 to $0.074. The crypto world witnessed the enduring charm and community spirit of this meme cryptocurrency. What’s more, experts have predicted a bullish trajectory for DOGE, with expectations of reaching $0.098 within Q4 of 2023.

However, there is a new rival – Euler Mining Coin, which could surpass DOGE in Q4 2023, when its presale goes live.

Ethereum’s Fees On The Rise

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Meanwhile, Ethereum has been riding the waves of bullish momentum, although not without some turbulence. The significant increase in transaction fees has caught the attention of the crypto community. Data from the week starting October 30th revealed a 30% surge in total Ethereum transaction fees. This surge in fees can be attributed to the increased trading volumes of many smaller cap tokens on the Ethereum blockchain, indicating a rise in on-chain activities.

However, Ethereum remains a sturdy platform for decentralised applications, decentralised finance, and non-fungible tokens. With this stability, the Ethereum price soared from $1,818 on October 30th to $1,904 on November 6th. Some analysts predict that by December 2023, the price could surpass the $2,000 mark.

These positive sentiments surrounding Ethereum will drive the new presale project Euler Mining coin to reach new heights and give back huge ROI to its community.

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Euler Network Presents A Compelling Investment Opportunity

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In the rapidly evolving world of cryptocurrencies, new players like the Euler Network are making their mark. Inspired by the success of the Pi Network, Euler aims to redefine the landscape of crypto innovation with its forward-thinking approach.

In 2018, a group of visionary Stanford graduates launched the Pi Network, with a mission to democratise cryptocurrency for mobile users. The Pi Network’s innovations, such as a mobile app for mining and the adoption of the Stellar Consensus Protocol for efficiency and security, attracted 30 million users and created groundbreaking tools like the Pi Wallet and Pi SDK. Yet, their journey is far from over, with the mainnet still in a closed beta phase, indicating untapped potential.

Now, enter the Euler Network, not to replicate but to evolve. Euler seeks to enhance mobile mining, introduce a next-generation consensus mechanism for faster transactions, and provide a suite of tools for simplified crypto interactions. Their commitment to speed and innovation is evident as they plan to swiftly transition from beta to a fully functional mainnet. Euler aspires to create a holistic crypto ecosystem, offering educational platforms and decentralised applications to ensure crypto accessibility and revolutionise the industry’s pace.

Conclusion

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The cryptocurrency landscape is a rollercoaster ride, with surprises like Dogecoin’s Doge Day celebration, Ethereum’s fee surge, and the emergence of Euler Network. While DOGE and ETH continue to capture the spotlight, Euler’s innovative approach and commitment to rapid evolution make it a noteworthy investment opportunity. As we navigate the dynamic world of cryptocurrencies, one thing is clear: the future holds exciting prospects for crypto enthusiasts and investors alike.

Euler Network:

Website: http://eulernetwork.com/

Instagram: https://www.instagram.com/euler_network/

Twitter: https://twitter.com/EulerNetwork

Telegram: https://t.me/eulernetwork

Disclaimer: Any financial and crypto market information given on Analytics Insight are sponsored articles, written for informational purpose only and is not an investment advice. The readers are further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Conduct your own research by contacting financial experts before making any investment decisions. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Analytics Insight of being absolved from any/ all potential legal action, or enforceable claims. We do not represent nor own any cryptocurrency, any complaints, abuse or concerns with regards to the information provided shall be immediately informed here.

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