Will Shiba Inu Ever Reach $1? Why It Might Not Happen This Decade and 2 SHIB Alternatives That’ll Hit $1 in 5 Months

Shiba Inu (SHIB) became one of the major memes in the world of meme-coin but the most important question remains – will it ever be worth $1? While it is exciting to fantasize that all your SHIB investments will become a remarkable sum, it is safe to say that there is no way SHIB will ever get to $1 any time soon.

Let’s ground ourselves on why that is unlikely to happen in this decade and try out two interesting companions of SHIB that will likely go to $1 in five months.

The Dream of $1 SHIB: Why It’s Unlikely (For Now)

Shiba Inu has an astounding number of people who are willing to support this coin; it is however not easy to reach $1 without some serious market forces at play. In its current circulating supply, Shiba Inu has an unbelievable figure of 589 trillion tokens. To put this in perspective, the market cap for SHIB to reach $1 would be greater than the size of the entire world’s economy! That’s a little bit over the top if you ask me.

Even with burn events as one way to ensure that the number of tokens in circulation is lower than that of the previous time, the burn figures pumped have not been enough to make any noticeable improvement. Fans of the SHIB burn party believe that if they systematically burn tokens, the total supply will go down which will create an upward pressure on the price since people will want more of the scarce tokens.

There is no such thing as instant gratification in this game and that is disappointing for many optimistic investors who expect SHIB to take off anytime within the next year or two. Moreover, unlike some better-known digital currencies, SHIB does not have a purpose in the real world which would help create further value in the future. Shiba Inu has a lot of turning to be a viable asset rather than $1 because unless anything changes it is a very speculative asset.

But don’t worry. Here are two SHIB alternatives that could reach $1 in the next five months. Shiba Inu may not reach the stars this decade, but many projects provide something of value alongside a realistic opportunity to grow one’s investment. Here are two alternatives that are quite worth watching – those are Cardano (ADA) and Rexas Finance.

Cardano (ADA) – Bouncing off Support to hit $1

In case you are looking for a cryptocurrency utility such as Cardano (ADA) that has the potential to soar above $1 anytime within the next five years, then you’ve stumbled onto the jackpot. At the time of writing, ADA trades at $0.32. ADA is gently crawling back above the uptrend supporting line, having twice bounced back from the $0.24 strong support area during the compulsive pressure of the market.

The reason is very simple. Since the ADA has protected this support line, then there might be an uptrend coming. ADA has a very good chance of improving the speed of transactions and the cost of transactions thanks to the scaling solution such as Hydra that is, in principle, on the way. If there is overall bullish market sentiment and ADA builds on what it has managed to accomplish, the target of $1 could be hit by early next year and is not as wild as it might have seemed before.

Rexas Finance (RXS) – The RWA Giant

Rexas Finance is a window into the future of asset management. With Rexas Finance, you have the ability to possess or tokenize everyday items almost anywhere around the world, including real property, artwork, products, and even intangibles. Presently, in the course of its second presale stage, the market price of Rexas Finance is $0.040.

It is expected that Rexas Finance will be launching its token by the end of the presale stages in early 2025. It has already demonstrated amazing growth and it rose by 34% in just five days of presale moving from $0.030 to $0.040. The most compelling aspect of Rexas Finance is its utility. The platform is based on Real World Asset (RWA) tokenization meaning that users can trade real-life assets such as real estate, art, and commodities by tokenizing them. This provides Rexas Finance with feasible value in the market which is critical for growth. The course to $1 seems a lot clearer once RXS tokens hit exchanges at $0.20.

The Final Verdict

For investors who are sombre and want other options that are likely to reach the $1 mark soon, Cardano and Rexas Finance are the best candidates. Both have utility and in the near future both appear reasonably likely to make good returns. So then with such returns in sight within the 5-month timeframe, you shouldn’t focus on how long it will take for Shiba Inu to reach $1, you should focus on ADA and Rexas Finance.Keep an eye on these projects, and you might just put yourself right at the cutting edge ahead of the curve.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com
Whitepaper:https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.