The Shiba Inu has broken record after record over the past 15 months, gaining more than 16,100,000%.
However, some experts consider SHIB doomed to lag behind some altcoins due to its lack of real-life applicability and differentiation.
As a matter of fact, these altcoins stand out with their much longer-term potential.
Meme Coin Shiba Inu, which appeared on the crypto scene at the beginning of August 2020, made history in terms of short-term gains with a huge earnings return of 16.1 million percent, as we mentioned at the beginning, but its future does not look very bright. Because he doesn’t have any good features other than being popular.
In the long run, these 3 lesser known cryptocurrencies have the potential to outperform SHIB by far more benefits.
Here are the 3 promising altcoins evaluated by experts:
Stellar (XLM)
Stellar, which is the 25th largest cryptocurrency with a market value of $ 7.9 billion as of now, impresses with its sustainable features.
With Stellar’s Blockchain, more than 180 fiat currencies can be converted to Lumen coins, transferred across borders, and converted into a preferred fiat currency in a matter of seconds.
However, the only advantage Stellar offers is not only speed, but also the low transaction fees.
As a matter of fact, you pay a low cost of 0.00001 XLM (0.00000334 USD) per transaction. In addition, Stellar users can process up to 3,000 transactions per second – that’s what the transaction developers claim.
nano
Another cryptocurrency with much longer-term potential than the Shiba Inu is Nano.
Ranked 119th according to CoinMarketCap data, Nano claims to revolutionize digital payments.
Working with the logic of the block cage, Nano offers each user the opportunity to add their own blockchain.
Users have no problem competing with other users to add blocks and gaining consensus.
In addition, another feature that makes Nano valuable is that transactions can take place in less than a second. In addition to all these, and the most beautiful feature is that the transactions are free.
Qtum
The 3rd cryptocurrency with substantially more “real world” potential than the Shiba Inu is Qtum (QTUM).
The crypto value pronounced “Quantum” ranks 88th on CoinMarketCap with a market cap of $1.2 billion.
It has a network of crypto-value smart contracts developed by Qtum developers by taking the best of Bitcoin (UTXO security protocols) and Ethereum (Virtual Machine). This makes it attractive to companies.
Standing apart from other projects with its Account Abstraction Layer (AAL), QTUM allows applications to leave the underlying protocol and add new smart contract capabilities.
It also ensures that no matter how many updates Qtum’s developers make, Qtum’s Blockchain remains backwards compatible with Bitcoin’s secure UTXO model.
*Not Investment Advice.