The post Buying This Token Is Like Buying Bitcoin At $100! Investors Dump Shiba Inu (SHIB) & Chainlink (LINK) In Search Of Greater Returns appeared on BitcoinEthereumNews.com.

Buying Bitcoin has been the best return on investment out of any asset class over pretty much any time scale over the past 15 years. Everyone is looking for the next Bitcoin, and there are gems out there, but getting it right is far from easy. Crypto investors are dumping older altcoins as both the Chainlink and Shiba Inu price slide continues. Investors want the best return and that’s typically new cryptos, which LINK and SHIB were in previous cycles. This cycle is all about cryptos that have utility and cash flow, and Rollblock ticks all the boxes. Tipped by many analysts for major returns, the presale has exceeded all expectations as investors position themselves early. Is Bitcoin still the best return on investment? Bitcoin has outperformed pretty much all asset classes since its inception in January 2009, and with gains of over 100 million percent, it has been the best return on investment in history. Every portfolio should include Bitcoin, but of course, those gains are gone with BTC so investors look to speculate on altcoins, especially newer ones that generally lead the bull market. The Shiba Inu price continues to slide, as does Chainlink The Shiba Inu price is one of the most volatile in the crypto market. Like other meme coins, SHIB isn’t known for its utility but rather for its speculative fun. However, in this cycle, crypto is going mainstream, so investors wonder if the time is up for memes like Shiba Inu. If the Shiba Inu price is looking fragile, so is the LINK price. Down 15% in the last two weeks, investors are fleeing older alts like Chainlink in search of the next big thing. That’s not to write off Chainlink, but as with every bull cycle, the best return on investment is achieved…

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Filed under: News - @ August 5, 2024 12:26 am