The post How Much Should You Invest in Shiba Inu to Retire Rich This Cycle? 3 Better SHIB Alternatives for Life-Changing Returns appeared on BitcoinEthereumNews.com.

Although Shiba Inu (SHIB) has a very small market capitalization value due to its low price point and huge token volume, it has always been a favorite of many crypto investors. Whether it was because of the massive support from the community or the appreciation of prices during the bull market, this is the only reason it belongs to the sphere of highly speculative and risky assets. Still, it also has huge profit potential if the tokens rely on past trends. Should it cross your mind to put your money into Shiba Inu in eagerness to get the returns and use them to retire, it is important to note its possibilities and the risks it carries. At the current price of $0.00003218 as of this writing, if SHIB were to elevate its value to $0.01 and you had 100 million SHIB tokens, that would, in turn, equate to 1 million dollars. In other words, if you purchased SHIB for just $1000 and the price reached a decent target, you might expect to be a millionaire, but even this statement seems impractical. Despite Shiba Inu’s promise, there are better cryptocurrencies in the market whose fundamentals are more robust and whose tokenomics are more convincing. These assets are beneficial for speculation and come with a great mix of newness and practicality that could aid in healthy and long-term development. The following options provide a greater hope in this market cycle in comparison to Shiba Inu: Rexas Finance (RXS), Avalanche (AVAX), and Polkadot (DOT) Rexas Finance (RXS) Rexas Finance (RXS) is one of the most promising and upcoming projects in the crypto ecosystem as it aims at Real World Assets RWA tokenization of land. Unlike SHIB, which is mainly community-based, RXS poses actual real-world value in the blockchain ecosystem. With a current valuation…

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Filed under: News - @ December 14, 2024 8:20 am