Top Alternatives To Shiba Inu Cryptocurrency After It Crashed 50%

Shiba Inu token has been a game-changer for many crypto investors. With a spectacular rally in price last month, Shiba Inu has given massive returns. The returns that meme-coin SHIB has generated are over 13,200,000% considering the lifetime of the cryptocurrency. Today, it is the ninth most valuable cryptocurrency on the planet.

However, there is still no denying that SHIB is just a meme cryptocurrency that is not having a real word application. The token is not accepted by businesses, unlike Bitcoin, Ethereum, and some other tokens. This is why we bring you three top alternatives you can look to add in your portfolio alongside Shiba Inu:

P.S- This is not financial advice. Please do your own research or consult your financial advisor before making any change in your portfolio.

1.) Solana

Solana is a crypto project that aims to enable developers to build applications )dApps) on the Solana Blockchain. It is more efficient when compared to Ethereum and is a better candidate in long term relative to the meme cryptocurrency Shiba Inu.

Solana looks to have an edge on Ethereum from a fee standpoint. When Ethereum’s network gets bogged down with transactions, the fees associated with payments can soar. (Courtesy: NASDAQ).

2.) Stellar

Stella is a blockchain based payment gateway. The system enables us to convert fiat into Lumens and vice-versa within few nano seconds thereby eliminating the waiting period between cross-border transactions.

Stellar has been used by IBM when the company did a trial run of its cross-border payments system using many banks in South Pacific four years ago.

3.) Nano

Currently, this cryptocurrency ranks 117 in terms of market capitalization but over the long run, holds the potential to beat Shiba Inu. How long? Only time shall tell.

Nano boasts fee-less transactions and it’s main objective is to speedup the payment settlement times. If Nano gets adopted into real-world use, the value of the cryptocurrency will sky-rocket.