As the hype around Shiba Inu drops, investors are looking for alternatives that have stronger fundamentals.
It's been an interesting few years for cryptocurrencies. The Shiba Inu coin has certainly not been immune to the ups and downs of the market. Still, it also provides one of the best crypto opportunities to invest if you're new or just looking into getting started with crypto trading.
Shiba Inu has made huge moves toward getting rid of its meme coin tag and becoming a cryptocurrency with real-world uses. This is a big deal given that Shiba Inu is one of the best meme coins in the crypto market, one that looks likely to outperform lots of top cryptocurrencies.
Things have slowed down quite significantly on the meme coin front, and Shiba Inu has not been an exception. This has seen investors start looking into Shiba Inu's competitors with more utility and assurance of long-term value growth. If you are shopping around for high-potential cryptocurrencies, we have compiled a list of the top 10 Shiba Inu alternatives that could explode in 2022.
Top 10 Most Cryptocurrencies Beside Shiba Inu
ApeCoin (APE)
ApeCoin has a lot of hype going for it at the moment. Besides the hype of its link to the Bored Ape Yacht Club, ApeCoin is drawing a lot of attention after news that it will be featured in a Coinbase move. Given how vital hype is in the crypto market, ApeCoin is a good bet when looking to invest in Shiba Inu alternatives this year.
Don't Miss: ApeCoin (APE) 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 is the number one meme coin and a viable alternative to Shiba Inu in 2022. While both Shiba Inu and Dogecoin heavily rely on hype, Dogecoin is the favourite meme coin of Elon Musk. Given how much sway Musk holds in the crypto market, there is a chance he could pump Doge, especially now that he is the largest shareholder of social media giant Twitter.
Check Out: Dogecoin (DOGE) 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 a smart contracts platform that is has come to dominate the Dapps market. Today, the majority of the tokens in the market run on the Ethereum blockchain. Ethereum is loved for being censorship-resistant. Now that it is in the process of shifting to Eth 2.0 that will make it scale better; Ethereum is a cryptocurrency that could outperform Shiba Inu in 2022.
Read Also: Ethereum (ETH) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Avalanche (AVAX)
Like Solana and Ethereum, Avalanche is a platform blockchain that is used for launching Dapps. Avalanche has built a name for itself as a reliable blockchain that can scale pretty well. Avalanche can easily handle up to 4500 transactions per second without straining the network. This gives Avalanche a lot of potential in DeFi and NFTs and makes it a top cryptocurrency that could beat Shiba Inu in 2022.
Don't Miss: Avalanche (AVAX) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Bitcoin (BTC)
Bitcoin is the number one cryptocurrency in the market, and its adoption is on the rise globally. Today, it is even used as a currency by a country, El Salvador, and others like Honduras are considering the same. Bitcoin is also gaining adoption as an investment at the institutional level. This points to Bitcoin as a Shiba Inu alternative that could explode in 2022.
Check Out: 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)
In less than two years, Solana has become one of the most important platform blockchains in the market. Today, Solana has one of the fastest-growing ecosystems of Dapps, thanks to its high transactions speeds and low fees. With NFTs on the Solana blockchain now growing at an accelerated rate, SOL is undoubtedly a Shiba Inu alternative that could do well in 2022 and beat SHIB in gains.
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.
Decentraland (MANA)
The Metaverse is a big deal, and billions of dollars are being pumped into the market. Decentraland is one of the better-known Metaverse players in the market is set to benefit from the growth in the Metaverse. While Shiba Inu is getting into the Metaverse, too, Shiba Metaverse lands will be sold in Ethereum. By contrast, Decentraland lands are sold in MANA tokens. This makes MANA a Metaverse cryptocurrency with better prospects than Shiba Inu.
Read Also: Decentraland (MANA) Price Predictions
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
XRP
XRP is a cryptocurrency that powers the Ripple cross-border payments network. XRP has been held back by legal issues between the SEC and Ripple founders. That's despite its fast-growing adoption. If the case ends within the year, XRP is undoubtedly a top 10 cryptocurrency that could outperform Shiba Inu in 2022.
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.
Polkadot (DOT)
Polkadot is a blockchain that connects different blockchains, helping create a network of blockchains that can handle specialized tasks while communicating. Polkadot is growing in popularity because for blockchain to thrive going into the future, interoperability must be at its center. As such, for an investor seeking out Shiba Inu alternatives for 2022, Polkadot is a pretty good choice.
Don't Miss: Polkadot (DOT) Price Prediction
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 platform that allows players to create player features that they can then sell as NFTs. The Axie Infinity platform is growing pretty fast and now has one of the most valuable NFT collections. With the Axie Infinity gaming ecosystem on a growth trajectory, there is no doubt that Axie Infinity is a Metaverse cryptocurrency that could beat Shiba Inu in 2022.
Check Out: Axie Infinity (AXS) 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.
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