Top 10 Most Important Cryptocurrencies Other Than Shiba
Cryptocurrencies have only been around for about a decade. However, they have proven themselves as the most successful assets ever, easily outpacing older, more established assets like stocks and real estate. One of the epitomes of cryptocurrency success is Shiba Inu. Shiba Inu was launched in 2020 and, by November 2021, was up by over 40,000,000%. Now that the Shiba Inu Metaverse is coming up, many more investors are buying SHIB tokens now. While Shiba Inu could gain in value in the future, it is still a high-risk cryptocurrency. That's because SHIB is still a meme coin, and has very little in fundamentals.
This article looks at the top Shiba Inu alternatives that offer a mix of growth and lower risk.
Bitcoin (BTC)
Bitcoin is one of the fastest-growing crypto platforms in the market and is definitely one of the most important cryptocurrencies to consider other than Shiba inu.
Bitcoin is a digital currency in that people can buy and sell goods without involving any third party. It works through an encrypted bookkeeping system, so no one except the buyer knows what they're buying or selling until it's time for payment. BTC is the number one cryptocurrency, and despite its high price, it is still a top Shiba Inu alternative with growth potential. Unlike Shiba Inu, Bitcoin has real-world adoption, including being used as legal tender by a country.
Read Also: Bitcoin (BTC) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Solana (SOL)
There’s no doubt that Solana is one of the leading cryptocurrencies other than Shiba Inu.
Solana is a recent entrant into the cryptocurrency space but has gained a lot of traction. Solana is a smart contracts platform whose biggest strengths are scalability and low fees. Solana uses a new, highly advanced Consensus mechanism called Proof-of-History. This makes it possible for Solana to handle up to 50k transactions per second at almost no fees. Thanks to its capabilities, Solana continues to grow in the smart contracts space and now has a large ecosystem of DeFi projects and NFTs running on top of it. This makes it a worthy SHIB alternative for anyone looking for a mix of growth and low risk.
Don't Miss: Solana (SOL) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Ethereum (ETH)
Ethereum is definitely one of the most important cryptocurrencies to consider beside Shiba Inu.
Ethereum is a revolutionary blockchain that enables anyone to develop and run software without the need for permission from a centralized authority. Since it launched, Ethereum has come to dominate the smart contracts market, and most Dapps in the market today run on the Ethereum blockchain. Ethereum's use case has seen the value of its native token Ether grow exponentially over time. Now that Ethereum is working on eliminating all the scaling issues it has faced in the past; adoption is likely to grow exponentially, making ETH a popular SHIB alternative to buy and hold long term.
Check Out: Ethereum (ETH) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Cardano (ADA)
If you are looking for other important cryptocurrencies besides Shiba Inu, then consider Cardano.
Cardano is a platform blockchain that prides itself in security and decentralization. Cardano recently introduced smart contracts, and adoption is already picking up, including a Metaverse platform based on the Cardano blockchain. Given Cardano's strong prospects, there is no doubt that Cardano's growth prospects are higher than Shiba Inu's.
Check Out: Cardano (ADA) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Stellar (XLM)
Like Bitcoin and the other top growth cryptocurrencies, Stellar is a good investment for anyone looking to diversify their risks away from Shiba Inu. Stellar is leveraging blockchain technology to give unbanked populations worldwide access to financial services. Besides taking on such a huge market, stellar adoption is growing. Some of the big names that have already adopted Stellar include AnchorUSD, Blockchain.com, BitGo, and DSTOQ.
Don't Miss: Stellar (XLM) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Avalanche (AVAX)
Compared to Shiba Inu, Avalanche is light years ahead of SHIB in technical capabilities and adoption. Avalanche currently has multiple projects building on top of it. They are attracted to Avalanche's scaling capacity, up to 4500 TPS, and high security. With new DeFi projects and other Dapps launching on the Avalanche blockchain daily, there is no doubt that Avalanche is a growth cryptocurrency that is better than SHIBA INU long term.
Read Also: Avalanche (AVAX) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Ripple (XRP)
XRP is a cryptocurrency that is used for cross-border payments by Ripple. Multiple banks are already using XRP, especially in Asia, and adoption is rising. With a use case that could disrupt the banking industry, XRP is a top 10 cryptocurrency that could beat Shiba Inu in gains.
Check Out: Ripple (XRP) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Nano (NANO)
Nano has all the hallmarks of a cryptocurrency that could outperform Shiba Inu and other meme coins. That's because it has a much stronger use case, making its potential for adoption even higher. Nano is designed to act as a fast payments mechanism at low costs.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Axie Infinity (AXS)
Axie Infinity is a play-to-earn gaming cryptocurrency. On the Axie Infinity platform, players get to create, buy, and trade monsters using AXS tokens. Since it launched, Axie Infinity has seen massive growth in adoption and now boasts of one of the most expensive NFT collections in crypto. As this adoption grows, so will the value of AXS relative to a meme coin like Shiba Inu.
Don't Miss: Axie Infinity Price Predictions
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Fetch.ai (FET)
Fetch.ai is growing in popularity amongst traders on the Uniswap platform. That's because it uses machine learning to help them automate trades. With more traders turning to automated trading, Fetch.ai is a cryptocurrency that has the potential to beat Shiba Inu in gains and makes for a perfect alternative.
Check Out: Fetch.ai (FET) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Open an account with eToro, deposit some funds with USD, and finally – buy cryptocurrencies for just $10.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Summary
The above crypto assets are the top 10 cryptocurrencies other than Shiba Inu, which are likely to explode soon. If you are a novice investor looking for cryptocurrency alternatives to SHIB, consider investing in the above digital assets.
To recap, our top cryptocurrencies besides Shiba inu:
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Bitcoin (BTC)
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Solana (SOL)
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Ethereum (ETH)
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Cardano (ADA)
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Stellar (XLM)
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Avalanche (AVAX)
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Ripple (XRP)
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Nano (NANO)
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Axie Infinity (AXS)
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Fetch.ai (FET)
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