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Showing posts with the label utility

Missed Out? A $10,000 Shiba Inu Investment in 2020 is Now $2M

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Shiba Inu (SHIB) has undoubtedly been relevant throughout the years of its existence. The second largest meme coin entered the market as “Dogecoin Killer.” While DOGE remains unfazed, SHIB started garnering increased popularity due to its utility. In addition, investors who entered the market during the asset’s early days managed to change their fortune. As SHIB stands as one of the top performers of 2024, the article dives into the potential returns on an investment made in 2020. Also Read: Elon Musk’s X and Visa Unite: Introducing the X Money Account Looking Into Shiba Inu’s Current State Source: Watcher Guru Shiba Inu first entered the market back in 2020. As the pandemic set in, SHIB’s popularity was seen surging. The meme coin has grown by 1388247.89% since its origin. It should be noted that the asset hit an all-time high of $0.00008845 in 2021 about three years ago. Currently, SHIB is nearly 80% below this peak. At the time of writing, Shiba Inu was ...

Crypto whales opting for utility in Everlodge, Aptos, and Near Protocol

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In crypto, “ whales ” are individuals or entities who hold large quantities of tokens or non-fungible token (NFT) collections. Like their aquatic namesakes, they tend to be influential and often trigger significant ripples within the market.  Noteworthy crypto assets that have captured the attention of whales include Everlodge (ELDG), Aptos (APT), and Near Protocol (NEAR).  Their utility and potential make these assets popular among investors who follow whale strategies. Aptos a layer-1 scaling solution Crypto whales are frequently drawn to pioneering projects that address challenges. Aptos (APT) is a layer-1 scaling solution.  Developed using the Move programming language, the platform provides high throughput and robust security in decentralized finance (defi).  You might also like: Aptos, Microsoft partner to fuse AI with blockchain In contrast to Bitcoin’s processing capacity of approximately seven transactions per second (TPS...