Top 10 Altcoins To Buy After You Sell Shiba Inu (SHIB)

Last Updated April 20th 2022

5 Min Read

Forget SHIB! Consider Investing In These Promising Altcoins.

It has been more than a decade since Bitcoin, the world’s first cryptocurrency, came into existence. Following the unprecedented success of the flagship digital asset, thousands of altcoins have emerged. An altcoin refers to any cryptocurrency other than Bitcoin. Over the past few years, numerous altcoins have rallied significantly, bringing massive returns on investments.

On the other hand, some altcoins gained immense popularity but failed to sustain their growth. Some experts think Shiba Inu is one such coin. So based on various aspects such as network fundamentals, price history, etc., here are the top 10 altcoins to buy after selling Shiba Inu.

Ethereum (ETH)
Polkadot (DOT)
Cardano (ADA)
Solana (SOL)
Tether (USDT)
Litecoin (LTC)
Binance Coin (BNB)
Ripple (XRP)
Dogecoin (DOGE)
Terra (LUNA)

Ethereum (ETH)

Ethereum is an open-source operating system and computing platform that aims to implement a globally decentralized, digital computer for executing peer-to-peer contracts. Ether (ETH) is the fuel of the Ethereum network. Ethereum’s high-end technology and programmability allow users access to various DeFi apps and NFT along with other dApps.

The increasing popularity and growth of DeFi is yet another bullish catalyst for Ethereum. The asset shows a renewed strength and is only expected to grow further with ETH 2.0, making now an ideal time to buy ETH.

Don't Miss: Ethereum (ETH) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Polkadot (DOT)

Polkadot is a unique project that aims to decentralize the web by connecting blockchains and enabling interaction. This will eventually allow new applications like decentralized finance (DeFi) services. Its technology allows any blockchain to be attached to it and improves interconnectivity and interoperability.

The network is also more scalable than the proposed ETH 2.0, which foolproofs its future, giving investors a good reason to buy DOT now.

Read Also: Polkadot (DOT) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Cardano (ADA)

Cardano stands out from its competitors because of its unique Ouroboros Proof-of-Stake protocol that makes it an eco-friendly asset.

Cardano aims to solve the scalability issues faced by Ethereum and Bitcoin. However, instead of layer solutions on top of the existing technology, it created an entirely new and advanced blockchain. Moving forward, experts predict that Cardano has the potential to overtake Ethereum.

Cardano founder Charles Hoskinson has high expectations for the token. In a statement, he stated that it has the potential to beat out ETH 2.0, and if it does so, Cardano would see a high increase in its value in the coming decades.

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.

Solana (SOL)

Solana is a unique cryptocurrency described as "a fast, secure, and censorship-resistant blockchain providing the open infrastructure required for global adoption." With its lightning-fast processing time, Solana has received widespread institutional interest.

Notably, Solana has received attention from several crypto companies such as AscendEX and OKEX. The Solana foundation has more plans to develop its ecosystem in the coming future, which will boost its value and demand in the market.

With its increasing popularity among traders and investors, crypto analysts predict that SOL is likely to surge by the end of this year.

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.

Tether (USDT)

Tether is a blockchain-based cryptocurrency backed by the US dollar. With the creation of Tether, it is quick and easy to swap any cryptocurrency for Tether. This creates liquidity for exchange platforms, no-cost exit strategies for investors, and adds stability to investors’ portfolios.

Additionally, Tether can be sent globally more quickly and with lower fees than transfers at traditional banks and financial institutions. For these reasons and more, it is still worthwhile to consider investing in Tether.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Litecoin (LTC)

LTC hit the crypto market around the same time as BTC. Although Litecoin did not take off the same way, it processes transactions four times faster than Bitcoin. Litecoin aims to offer the same benefits as Bitcoin but faster.

Litecoin is generally considered “digital silver,” similar to how Bitcoin is known as “digital gold,” and with reason. Silver has not had the same bull run as gold did, and Litecoin has performed similarly. However, this situation has made Litecoin a lucrative trade in the crypto market.

Read Also: Litecoin (LTC) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Binance Coin (BNB)

BNB is a cryptocurrency created by Binance, one of the largest crypto exchanges. BNB has two main functions. It works as a ‘discount token’ to pay for trading fees on the exchange. Secondly, it fuels the Binance Smart Chain (BSC).

Back in 2017, Binance Coin was only a utility token that would give a trader a discount on trading fees. However, later in September 2020, Binance launched the Binance Smart Chain, a platform built for smart contracts, decentralized applications (dApps), and DeFi services.

Currently, the BSC is one of the largest DeFi platforms, making BNB a valuable asset to hold.

Check Out: Binance Coin (BNB) Price Predictions

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Ripple (XRP)

XRP is the native crypto token of the Ripple blockchain platform. The coin plays a key role in cross-border settlements and is popular for fast transactions.

Ripple’s high speed makes it a preferred choice for global banks and is considered an alternative to SWIFT payments. It is poised to become an integral part of institutional financial operations using blockchain technology.

Read Also: Ripple (XRP) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Dogecoin (DOGE)

Dogecoin existed on the fringes as a mere joke cryptocurrency for several years. But in 2021, the coin found its place on several major cryptocurrency trading platforms. Eventually, the token won over the trust of numerous established investors who realized that it was not just a Ponzi scheme. As a result, the meme coin has surpassed many giant crypto coins, and this is why it is worthwhile investing in Dogecoin now.

Don't Miss: Dogecoin (DOGE) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Terra (LUNA)

Terra was built using Cosmos blockchain technology and is designed to disrupt traditional retail payment apps. Instead of the conventional fragmented payment infrastructure, Terra offers an end-to-end payment solution. Because of this, it could potentially save payment service providers hundreds of millions of dollars per year, making now a good time to invest in LUNA.

Check Out: Terra (LUNA) Price Prediction