Get Your Altcoin Season Ticket To Watch DogeMiyagi, Polkadot and Litecoin Lead the Markets

When the altcoin season hits the market, Bitcoin (BTC) generally cancels its holiday plans and attempts to weather the storm. 2023 has been a year of changing fortunes for many new crypto altcoins throughout the index, but we could see an emergence of strength from the average-performing tokens.

This article will explain what an altcoin season is and why it’s essential for the cryptocurrency industry. This article will highlight three projects to watch out for this coming altcoin season. Polkadot (DOT) and Litecoin (LTC) have been showing signs of positive index sentiment, and the new presale meme coin DogeMiyagi (MIYAGI) displays the development talent to be a real force on the market come launch.

Is There an Altcoin Santa?

Although ‘Altcoin Season’ sounds festive, it refers to a period when crypto investors turn their focus away from Bitcoin and invest mainly in other tokens (altcoins). This period is suitable for creating impressive yields for investors, but it helps increase and spread decentralised financial wealth. There may not be an Altcoin Santa, but there are a few happy altcoin communities during this period of plenty.

Decoding The Polkadot

When Polkadot launched in May 2020, the project was designed as the next Ethereum (ETH) alternative. When it was announced that Polkadot was the ‘brainchild’ of Gavin Wood, Co-founder of Ethereum, expectations were high. Polkdadot is now run by the Web3 Foundation (W3F) and continues working on its network that allows interactions between blockchains.

In recent news, Polkadot is gearing up for its main event on June 28th and 29th, titled ‘Polkadot Decoded’. Although the event is hosted in Copenhagen, Denmark, you can still watch live on their website. Investors are excited about the upcoming event, which aims to discuss Web3 development and the need for interoperability for scalability. A quick surge in investor interest shows they are on the right track with the event.

When writing this article, the DOT was trading at $5.31, down 1.27% over the last 24 hours and up 0.02% over the past week. The Polkadot market cap sits at $6,298,338,210

Litecoin Whale Splash

The former Google Engineer Charlie Lee created Litecoin in 2011. This is when we were newly introduced to the term ‘Altcoins’ after they forked from the Bitcoin protocol. One of the main reasons for creating Litecoin was to help with the Bitcoin transaction speed before becoming a coin and project in its own right.

One of the main reasons that Litecoin will perform well in this coming altcoin season is expressed in a new report released by Sentiment. The report states that in the lead-up to LTC20 halving, whale activity will likely push LTC’s price higher: “It will be a strong sign that some big players are beginning to jump in on their LTC investments in anticipation of the halving.”

It isn’t easy to compare both Litecoin and Polkadot as they function very differently, but historically the LTC performs more consistently than the DOT. The LTC was trading at $86.76 when this article was written, down 5.57% over the past 24 hours and 6.28% over the past week. Litecoin market cap currently sits at $6,332,804,466.

DogeMiyagi: The Good Doge

Can you hear the barking amid the crypto presale universe? A new doge has tail wagged its way to our investment channels, and DogeMiyagi means business. Karate Kid is a cult film from the 80s with examples of morality, determination and grit, DogeMiyagi has gained inspiration from this movie and looks to create a strong, wise and profitable community.

When choosing a presale token that could outperform its competition when the ‘Altcoin Season’ hits, you must see innovation, consistency and a clear roadmap to success. One thing that sticks out in the DogeMiyagi development plan is its user-friendly decentralized exchange service, the ‘Killer Swap Machine’. The Unispwap incorporated platform allows a smooth and instantaneous transfer of the MIYAGI token.

Another exciting aspect of the DogeMiyagi concept is a prevailing focus on creating a vibrant and interconnected ecosystem. To help foster trust and transparency within the DogeMiyagi DAO, the team behind the project aim to lock its marketing wallet for 12 months, giving a clear intent of long-term progression.

It’s essential for the cryptocurrency industry as a whole that projects like Bitcoin and Ethereum perform well. Still, once and a while, Altcoin Season gives other projects a glimpse of the limelight. Litecoin and Polkadot will be the leading players when it hits, but every token project knows that DogeMiyagi is coming soon.

For more information on DogeMiyagi, visit:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi