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Shiba Inu and Dogecoin need no further introduction as the poster canines of the meme coin world. Both tokens have gone on to become household names after the 2021 bull run after they turned in eye watering gains for early holders. But in 2024, no one is expecting that either will recreate their meteoric charts in the past. Instead, the parabolic growth is being tipped for new revenue sharing DeFi protocol Zig Network (ZIG). Here’s why,
Is Shiba Inu about to turn the corner?
Shiba Inu looks like it’s ripe for another bullish breakout at past the $0.000020 range. Based on increased chain activity, not to mention a solid 43% gain in the past month Shiba Inu could be cleared for takeoff at the next price target of $0.000022. Should Shiba Inu break past the aforementioned level and sustain itself, SHIB token prices may revisit higher resistance levels seen last March. Will the SHIB bulls rise up to the challenge? That remains to be seen.
Dogecoin follows suit
Dogecoin’s popularity has kept it well within the spotlight and the prime mover in the meme coin sector, as DOGE prices consolidate around the $0.12 mark. Current price predictions remain bullish, with DOGE recording a solid 22% increase in the past month. One of the major catalysts for this growth is Dogecoin’s 134,000 active wallet addresses, indicating whale accumulation. However, Dogecoin remains heavily reliant on hype cycles and its pump potential has all but evaporated thanks to its $18.5 billion market cap.
Zig Network presale becoming the smart money’s choice
The smart money is moving on from DOGE and SHIB in favour of the next 100x opportunity in the form of newly launched revenue sharing DeFi protocol Zig Network. Going live with stage 1 of its ICO, Zig Network is drawing eyes around the crypto world with its unique blend of staking, yield farming, and passive income generation opportunities under one user friendly interface. Zig Network is expected to on ramp new generations of DeFi users with its solution and a whole slew of crypto whales with its 100x potential. DeFi is, after all, primed to make a big time comeback,
Besides making DeFi easier to access and understand, Zig Network offers a major incentive to both users and investors with its generous revenue share. ZIG token holders, in particular, will earn a percentage of the platform’s profits based on the number of tokens they hold. This incentivizes long-term holders to play an active role in the growth of the protocol and be part of its long-term success especially when DeFi makes its grand comeback.
With ZIG tokens up for grabs at only $0.01, now is your chance to get in on the earliest possible action on a blue chip investment that is primed for a parabolic pump. With a fully audited smart contract and locked lifetime liquidity, Zig Network ticks all the boxes of a legitimate blue chip investment opportunity.
To find out more about the Zig Network presale use the links below:
Participate in the Zig Network Presale
Read the Zignet Whitepaper
Source: https://coinedition.com/why-investors-from-shiba-inu-shib-and-dogecoin-doge-are-investing-in-the-newly-released-zig-network-presale/