Although there are many new crypto projects joining the market daily, not all of them survive and thrive in the growing crypto industry. Many projects fall through because of the lack of utility and innovation.
Shiba Inu (SHIB) is among the cryptocurrencies that started as a joke and thus is called a meme coin. However, the project has a strong social media presence and a dedicated community, which are significantly supportive of SHIB’s value and growth potential.
Persystic (PSYS) is a new addition to the crypto market and is about to impress the crypto community with its innovative offering and an established roadmap. Learning about new promising cryptocurrencies is beneficial to any crypto enthusiast, and here is why this crypto newcomer may have a bright future ahead.
The Potential Behind SHIB Community
Shiba Inu (SHIB) is a revolutionary meme coin that aims to provide utility to its users and build an incredible metaverse platform backed by a strong community. Shiba Inu is often dubbed “Dogecoin’s Killer”, but many crypto experts now believe that Shiba Inu’s future is incomparable to any other meme coin.
Recently, SHIB became the second largest holding of Ethereum whales – large crypto holders – who now have a significant influence on the value of SHIB. Despite dropping 90% of its value in the most recent crypto crash, SHIB is now expected to follow a path to recovery.
Shiba Inu’s competitive advantage is deemed to rise from its affluent social media presence. SHIB has an astounding following on multiple social media platforms, and its updates often are followed by hype from its fans.
Shibaverse is the next-generation metaverse project by Shiba Inu’s team. Additionally, SHIB’s team has several developments coming up, including Shiba Inu Games and Shibarium, among others, and some of them could be rolled out by the end of 2022 or 2023.
Persystic (PSYS) To Bring Social Networking To The Next Level
A new and exciting crypto project Persystic (PSYS) is building on Binance Smart Chain (BSC) and will be interoperable with Ethereum Virtual Machine (EVM), meaning that the BEP-20 token standard will implement the functionality of Ethereum’s ERC-2016.
The developer team intends to ensure that Persystic always runs smoothly and efficiently. Being powered by Binance Smart Chain will help them achieve this goal while also enabling easier adoption of different extensions and seamless integration of cross-chain smart contract capabilities.
Persystic (PSYS) is a new social media network that intends to use decentralisation to restore people’s rights to free expression and content ownership. There are several advantages that blockchain technology can provide to make social media a safer place while also allowing content producers to monetise their content, and Persystic understands thus will offer outstanding income possibilities for the users.
Persystic’s technology will enable users of this social network to save their material permanently. The development team promises that users will be given complete control over the distribution of their content since only they will be able to share it and profit from their work.
To learn more about the new project, check out the links below.
Presale: http://join.persystic.io/
Website: http://persystic.io/
Telegram: https://t.me/PersysticTokenOfficial
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/2022/08/shiba-inu-and-persystic-what-role-does-social-media-play-in-the-development-of-these-cryptocurrencies