Despite its relatively low price, the Shiba Inu (SHIB) stands out as an attractive investment option thanks to its high return. However, there are many reasons why it will not be successful in the long run. Therefore, in this article, we have compiled the 10 best altcoin projects that can surpass the Shiba Inu in terms of price.
10 altcoins that could surpass Shiba Inu (SHIB) according to analysts
Cardano (ADA)
Aiming to provide a more secure and sustainable infrastructure for decentralized applications, Cardano is one of the best Shiba Inu alternatives for investors seeking high returns. It also highlights its inclusivity as it strives to make its services available to everyone, including those without a bank account. Additionally, Cardano uses PoS, which is much more energy efficient than the mining mechanism used by Bitcoin and other cryptocurrencies. In this way, it has succeeded in branding as one of the most established green Blockchains in the market.
Polkadot (DOT)
Polkadot is a multi-chain platform that allows different Blockchain networks to interact with each other. This feature allows data, assets and information to be transferred across multiple networks without the need for intermediaries. It also provides greater flexibility and scalability by enabling developers to build decentralized applications that can be used from different Blockchains.
Chainlink (LINK)
Chainlink is a decentralized oracle network that aims to provide reliable, secure and hack-proof links between Blockchain networks and real-world data sources. This feature allows smart contracts to access external data such as market prices, weather data, and more without sacrificing security or reliability.
BNB Coin (BNB)
Binance Coin is the native cryptocurrency of Binance exchange, one of the largest cryptocurrency exchanges in the world. It serves as a utility token in the Binance ecosystem that allows users to pay trading fees and other services on the exchange. It is also used for various other purposes such as purchasing goods and services and investing in other cryptocurrencies.
Dogecoin (DOGE)
Dogecoin is the biggest name in the meme coin market, the biggest competitor to the Shiba Inu, but it has a much bigger following and more real-world use cases. DOGE has become a popular cryptocurrency over the years, accepted by a large number of businesses and traders. However, it still doesn’t have the same level of practicality and real-life applications as the other cryptocurrencies on this list.
XRP
Developed by blockchain company Ripple, XRP is designed to support international payment methods and compete with established transaction channels provided by centralized financial institutions such as banks. In terms of price, cryptocoin.comIt has not yet fully recovered from the destruction caused by the lawsuit that started in 2020 with the SEC, which we quoted.
Fetch.ai (FET)
Fetch.ai is a decentralized machine learning platform application similar to asset trading. Users of decentralized crypto exchange Uniswap can automate their trading with the help of their app. The only Ethereum-based token running Fetch.ai is the platform’s native cryptocurrency FET.
Ethereum (ETH)
Ethereum is the most well-known and real-world cryptocurrency on our list. This is because decentralized finance (DeFi) is based on the Ethereum network. DeFi uses smart contracts on a finance-focused blockchain to end transactions that financial institutions might otherwise slow or halt. The heart and soul of Ethereum are these smart contracts, the protocols created to validate, enforce and enable an agreement between two parties.
Stellar (XLM)
Stellar makes it possible to move and store money. Reaching the unbanked population around the world is one of Stellar’s main goals to increase financial inclusion. It also prioritizes financial firms, such as using Blockchain technology to connect people.
Avalanche (AVAX)
Unlike memecoins like Shiba Inu, Avalanche is an altcoin project with a specific focus. Many entrepreneurs looking for an alternative to Ethereum prefer Avalanche. Compared to other cryptocurrencies, Avalanche can process transactions significantly faster. The Shiba Inu doesn’t have as many real-world use cases as Avalanche does.
