Perhaps due to the remarkable rises in previous bull market instances, Shiba Inu (SHIB) has gained popularity, becoming one of the most discussed virtual currencies today. A bullish price prediction always comes with a bullish sentiment, leaving many wondering if SHIB will delete a zero from its price by the end of 2024. Looking at its price now of about $0.000017, targeting a more attainable price variant of $0.0001 implies growth of 563%.
Is there hope for Shiba Inu to remove a zero in 2024?
Such a dominant shift can certainly be made by Shiba Inu, but it requires a myriad of factors, most likely the improvement of market conditions, the rise of interest, and chiefly, the successful implementation of the Shibarium Layer 2 scaling solution. Shibarium seeks to improve the time taken to transact and minimize the costs of transactions on the Shiba Inu ecosystem that contains DeFi, NFTs, and utility tokens. More glaringly, the burn mechanism of Shiba Inu intended to help increase the SHIB price level thanks to lower circulating to have more of SHIB has had some changes in recent times with over 1.8 billion tokens being burnt within 24 hours.Nonetheless, these improvements haven’t affected how analysts envisage the prospects of Shiba Inu. Although burning tokens and expanding the use of the currency are encouraging developments, the reality that there are over 589 trillion SHIB tokens in circulation makes it next to impossible for the token to reach $0.0001 in a short time. Some expectations suggest that instead of a delay in 2024-2026, one zero could be deleted only by 2027 or 2028. Hitting this target would demand the market cap of Shiba Inu to increase to about $115 billion, a huge jump that will compete with Bitcoin and Ethereum.Because of this, the majority of experts are persuading the public to go for other options that can bring in reasonable returns in a short time. Examples of such options include Rexas Finance (RXS) and Solana (SOL), both of which demonstrate significant development and utility.
Rexas Finance (RXS): The unusual alternative
Rexas Finance is involved in sending its support towards heading the evolution of the market that embraces the tokenization of real-world assets, making it possible to own smaller portions of very expensive things like real estate properties, works of art, and commodities. This use of blockchain technology can unlock trillions of dollars worth of assets that are presently locked up in illiquid markets.Rexas Finance is not like meme coins such as SHIB, which offers investors a purely speculative investment. Real-world asset tokenization is what Rexas Finance primarily looks to do, and this will have real-life use cases in the future, hence attracting retail and institutional investors alike. Rexas Finance would be able to hit 100x returns as it has the potential to solve real-world liquidity problems and enlarge the high-end market to more people. This makes it a prospective Top 10 Centralized cryptocurrency in the next few years.
Poised to end Shiba Inu’s dominance: Solana(SOL)
At the moment, Solana trades at about $157 and there is a lot of room for growth as the network keeps developing and gaining more developers. Predictions show that SOL will soar to the level of $200-$300, where its all-time high was by the year 2025.
The distinguishing factor behind Solana’s success and penetration in the market is its ability to facilitate thousands of transactions at the cheapest rates, enabling its use for high-end applications such as gaming, DeFi, and others. Solana perfectly combines scale and decentralization, placing it in a better position strategically for growth, unlike the speculative tokens such as Shiba Inu, which have to be manipulated.
Conclusion: A balanced approach
As much as Shiba Inu attracts users and could eliminate a zero by 2027 or 2028 with the active burning of the token and the development of the surrounding ecosystem, accomplishing this task by the end of 2024 will be rather impossible. For investors searching for faster and safer returns, Rexas Finance or Solana might be the right alternatives with promising growth potential based on real-world applications.Rexas Finance gives you a rare opportunity by allowing you to tap into the developing arena of tokenization of real-world assets, while Solana remains the dominant blockchain for cheap and fast applications. Looking at SHIB, both stand a greater risk of underperformance in the foreseeable future, providing more lucrative prospects for investors looking to make reasonable returns within a few years.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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