Over the past few years, cryptocurrencies have drawn significant attention. Bitcoin has been one of the key players in the crypto market and is considered a trusted investment by several buyers and business leaders. But the crypto market conditions have significantly changed over the years. The recent dive in Bitcoin prices has created panic amongst its buyers. Hence, investors are looking for some new and reliable cryptocurrencies to invest in.
- Shiba Inu: Recently, this cryptocurrency has created a huge buzz in the market. This crypto drew its name from a dog called Shiba Inu and has attracted several customers to invest in it. It is decentralized crypto and is based on the Dogecoin network.
- Chihua Token: This cryptocurrency was created as a response to Dogecoin, Shiba Inu, and other dog memes coins. According to its creators, this token runs on Ethereum technology and has 1% of its token supply for development.
- HotDoge: This is also a meme-based cryptocurrency and is a 100% community-run project. It is based on the Binance network and uses a deflationary system. The company claims that 4% of the transactions are distributed among its holders, and another 4% is locked in the liquidity pool.
- Polygon: Polygon was created by 3 Indian IT engineers. It is designed to address key issues concerning blockchain technology like higher gas fees, reduced speed, and security issues. Polygon is among the top 20 cryptocurrencies in the market, and the crypto exchanges that investors can use for trading are Binance, FTX, CoinTiger, and Huobi Global.
- SafeMoon: SafeMoon is a decentralized finance token; launched in March 2021. This cryptocurrency uses a technological combination of RFI tokenomics and autonomous liquidity generating protocol. It focuses on eradicating price volatility issues in the crypto market and also aims to promote peer-to-peer exchanges. It is based on blockchain technology and does not use any financial organization or exchanges as intermediaries.
- Corgi Inu: Corgi is a decentralized cryptocurrency and is a community-based project. It is built on the Ethereum blockchain and has a total supply of 10 trillion tokens; which gives it a lower market capitalization compared to Shiba Inu. Currently, it has a trading volume of $24976.
- Echelon DAO: It is a decentralized autonomous organization, based on the Binance Smart Chain. It is run by smart contracts and protocols and is controlled by the Echelon team. ECHO is the utility token circulated by the team to the community through the Echelon DAO network. It provides a digital ledger to its users and other parties to understand and watch the workings of Echelon.