As the crypto market progresses towards Q4 of 2024, investors anxiously await the next big thing to unfold. Among the older reputed players like Litecoin (LTC) and Shiba Inu (SHIB), numerous challenges impede them. In contrast, Zig Network (ZIG) has recently garnered much attention as one of the promising alternatives.
This revenue sharing blockchain, introduced only recently, is poised to change DeFi and potentially emerge as a market leader. Here’s why Zig Network (ZIG) could outpace these popular coins in the coming year.
Litecoin’s Regulatory Strides, But Market Uncertainty Remains
Litecoin (LTC) is currently in the headlines as there has been news about Canary Capital filing the first Litecoin (LTC) exchange traded fund with the US Securities and Exchange Commission. This can push institutional adoption of Litecoin (LTC) and even help this coin to see a further rise in the market. Litecoin (LTC) is still trading at approximately $70.09, following a price increase of 9%, which has left many industry insiders being careful. Most people keep reminding each other of how failing traction from Ethereum (ETH) ETFs has brought uncertainty to the future growth of Litecoin (LTC).
While Litecoin’s legal classification as a commodity comes with several benefits, Zig Network (ZIG) could have much stronger grounds for taking the lead over Litecoin (LTC) in 2024 due to its strategy on revenue sharing and practical usability in real life.
Shiba Inu’s High Predictions, But Risks Remain
Shiba Inu (SHIB) is a meme token that always relies on the market mood and the hype it gets for its positive performance. Even as of now, it is in headlines due to the high profile prediction by crypto expert Jake Gagain’s forecast of a $100 billion market cap for the token. However, with Shiba Inu’s current market cap sitting around $10.7 billion, reaching such a target would require an 830% surge. Despite growing utility and partnerships, Shiba Inu’s meme coin roots make it a risky investment.
In contrast, Zig Network (ZIG) offers a more grounded approach with tangible benefits like passive income through staking and real world purchases via the ZIG debit card, positioning it as a strong alternative for cautious investors.
Zig Network’s Unique Value Proposition
Unlike traditional cryptos, Zig Network (ZIG) brings a fresh perspective to the market. Its revenue sharing model allows holders to earn daily income from fees generated on the platform while staking tokens provide another source of passive income. Its practical applications make Zig Network (ZIG) a completely unique blockchain. Users can make real world purchases using the ZIG debit card and the platform’s decentralized governance empowers token holders to propose and vote on network changes.
Zig Network’s cross chain functionality further enhances its appeal, making it a versatile and forward thinking choice for investors. The project has entered the market with a strong foundation and exciting presale opportunities.
Purchasing tokens at this moment can be very lucrative as they are available at a very affordable price of only $0.01. Nevertheless, given the potential Zig Network (ZIG) shows with its user rewarding platform, it is certainly all set to lead the crypto market in 2024.
To find out more about the Zig Network presale use the links below: Participate in the Zig Network Presale
Read the Zignet Whitepaper
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/10/why-zig-network-zig-could-lead-the-crypto-market-in-2024-surpassing-litecoin-ltc-and-shiba-inu-shib