Cryptocurrencies are one of the most talked about economic opportunities today. We see them all the time in television commercials, in the news, in economics books, on social media, and even communities and clubs are formed just around the Cryptocurrency discussions. The most interesting aspect of this situation is that Cryptocurrencies can reach such an important position even 15 years after their invention.
Cryptocurrencies have managed to intimidate even world banks and various countries in just 13 years. Nevertheless, despite the smear campaigns carried out by banks and the bans and sanctions of countries with high economic importance such as China and Iran, Cryptocurrencies continue to rise without slowing down.
The rise of Cryptocurrencies is certainly not a one-dimensional rise. Investment-oriented purchases such as Bitcoin and Ethereum, Margex Cryptomarket There are all kinds of Cryptocurrencies like the Shiba Inu that try to bring change to the Cryptocurrency economy, and even come out as a joke and become one of the biggest coins on the market.
The reason behind this rise is that Cryptocurrencies are not connected to a central system, that is, no one can affect the Cryptocurrency economy. It is the investors themselves who shape the Cryptocurrency economy and indirectly determine the value of Cryptocurrencies.
The Shiba Inu is a great example of what possibilities this situation opens up. Shiba Inu was founded in August 2020 by an anonymous user. The aim was to use the decentralization of cryptocurrencies and enable the Shiba Inu to appreciate in a short time through various advertising campaigns.
Based on these, it may be thought that Shiba coins have a very high value, but the truth is not at all. In fact, the highest Shiba Inu reached was $0.00008841. Even at its founding, the aim of the Shiba Inu was to keep the price of the coin low. It was desired that investors could buy millions or even billions of coins. It was just because it was funny.
There is a very different reason for the establishment of the Shiba Inu and for such an arrangement just because it is funny; The Shiba Inu was created to mock another “meme coin,” Dogecoin. The Shiba Inu founder nicknamed “Ryoshi” was given the title “Dogecoin Killer”.
Afterwards, people started investing in Shiba Inu, impressed by both the interesting system of the Shiba Inu and the advertising campaigns that included pinning Dogecoin. The Shiba Inu managed to make its name known very well and made itself popular with everyone. Thus, this coin, which was created as a joke, is even from world brands such as LG and Nissan, as you can read in more detail in this article on our site. has become more valuable.
But of course, meme coins may not be a viable option for those who want to make serious investments. Coins like the Shiba Inu can rise quickly or fall quickly. For example, a week ago Shiba Inu one day experienced a decrease of 13%.
So, What Kind of Coins Would Be A More Sensible Decision To Invest In?
Cryptocurrency economy is still a developing structure and for now it seems that coins trying to innovate this structure are the option with the highest profit/risk ratio for investors. Which brings us back to the Margex we mentioned above.
In the Cryptocurrency market, there are deficiencies in security and coin trading that can harm investors. Margex, on the other hand, is a coin that tries to overcome these shortcomings with the applications it has established.
For example, in the liquidation of Cryptocurrencies -Selling Cryptocurrencies for Money- prices can be artificially inflated. One of those trying to solve this problem in-house is Margex. MP Shield, owned by Margex, uses an artificial intelligence algorithm that constantly monitors liquidation prices. The purpose of this algorithm is to prevent a coin bought at a low price from being sold at a higher price than the market value.
Another outstanding feature of Margex is the high leverage it offers to investors. Leveraged transactions are an investment option that allows investors to earn much larger than normal returns with high risk. In Margex, on the other hand, the leveraged upper limit is 100, which is higher than most coins in the market. This means that a coin you invest can earn 100 times the normal price change.
Despite the fact that Shiba Inu tries to bring innovation, what distinguishes it from coins like Margex is that Shiba Inu uses these innovations for advertising purposes. No matter how much Shiba and similar meme coins try to bring innovations to the market, these innovations remain in the shadow of being a joke.
To summarize; The Cryptocurrency economy is growing day by day and offers investors opportunities that they cannot find elsewhere. As the economy develops, coins with different goals emerge. These coins can be based on advertising and profit like Shiba Inu, or they can target serious advances in the market like Margex.