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 of $0.20, RXS is a very good entry-level investment. Analysts are forecasting RXS to reach up to $50 in a couple of years, suggesting that an individual investment of $4,000 today could go as high as $1,000,000. This appreciation in value is bound to occur as a result of Rexas Finances’ recent technologies incorporating the QuickMint Bot, which enables easy acquisition of assets to people through tokenization, and the Rexas Treasury, which is an AI-Multi Chain Yield Optimiser. These differentiations make Rexas a strong competitor to tokens like SHIB, operating on speculative terms, enabling one who intends to become wealthy within the next cycle to diversify.
Avalanche (AVAX)
With its groundbreaking consensus protocols, Avalaunch will definitely be one of the blockchain’s future saviors, thus making it a great investment for anyone looking for long-term wealth. As the DeFi landscape continues to mature and as many more developers join the platform, we expect the demand for AVAX tokens to increase.
Besides its capped tokenomics, which stands at 720 million tokens, paired with a robust ecosystem and rising adoption, Avalanche looks ready to appreciate aggressively in the coming years. Many analysts are optimistic that AVAX could appreciate its current value by two or three times in the next bull run, which is a good indicator for traders searching for more robust, economically sound factors.
Polkadot (DOT)
Polkadot is currently priced at $10.53, and its market cap is around $16.7 billion. This product continues to appreciate due to its dependence on usage and does not tend to depreciate. By conducting parachain auctions, Polkadot enables developers to create self-sufficient free-standing blockchains that can be plugged into the network and expanded. The growth polkadot price prediction for 2030 also suggests it will rise to the growing number of needs for various offerings throughout the blockchain ecosystem since it will serve as one of the key, if not the key, layers of the platform. Considering the market has matured to a structure of long-term investments, DOT is superior to extremely speculative tokens like Shiba Inu.
Conclusion
Although Shiba Inu has some potential for being a speculation target, its speculative nature and tokenomics barriers do not make it an ideal asset for someone aiming to retire wealthy. On the other hand, tokenized assets such as Rexus Finance (RXS), Avalanche (AVAX), and Polkadot (DOT) have the potential to thrive because of their real-world usage and the technology behind them. These substitutes offer a better return on investment method for overseas individual and institutional investors seeking transformational returns. With billions of dollars being pumped into blockchain technology every year, looking into these projects is one of the best options for maintaining and eventually growing one’s wealth.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
Disclaimer: This is a sponsored article 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/2024/12/how-much-should-you-invest-in-shiba-inu-to-retire-rich-this-cycle-3-better-shib-alternatives-for-life-changing-returns