PropiChain’s Token Presale Keeps Turning Heads as Dogecoin and Shiba Holders Flow In
The post PropiChain’s Token Presale Keeps Turning Heads as Dogecoin and Shiba Holders Flow In appeared on BitcoinEthereumNews.com.
Advertisement     It is no news that tokens like Dogecoin and Shiba have struggled to gain momentum over the past few years, resulting in major holders searching for other opportunities. PropiChain, currently in the first round of its token presale, is drawing the attention of seasoned holders. PropiChain (PCHAIN) is a decentralized blockchain platform that provides digital solutions to the real estate market. Understand the excitement around Propichain and why many may choose it over Dogecoin and Shiba. Dogecoin Reaching $1 Appears Unlikely Dogecoin (DOGE) was once every dream, with a 121,685.71% increase between December 2013 and May 2021. The Dogecoin community wants the token to reach the $1 mark, but since reaching an all-time high of just under $0.74 in 2021, it has remained under $0.25 for the last two years. This is due to Dogecoin being heavily influenced by social media and market emotion. The chart below shows Dogecoin’s price is currently around $0.14. Advertisement   Despite a market capitalization of $21.42B, Dogecoin offers no extra utility or incentives for holders besides being a cryptocurrency used for transactions. Shiba Inu: Encouraging But Slow Price Movements Shiba Inu (SHIB) is experiencing a resurgence, with its daily market volume increasing by 18.64%. Shiba Inu is used for peer-to-peer digital payments and can be traded or swapped on ShibaSwap DEX. Holders can also earn rewards by staking SHIB or providing liquidity on ShibaSwap. Sadly, the downside for SHIB holders is that its rather large circulating supply of around $589.52 trillion requires much demand to keep up; otherwise, the price remains low. However, as seen in the chart below, the demand for Shiba Inu remains low. This low demand for SHIB tokens has bothered many looking for better opportunities. Thankfully, the crypto scene constantly evolves, providing savvy holders potentially rewarding opportunities.…
Filed under: News - @ November 1, 2024 4:11 am