The cryptocurrency market trend is fascinating; one moment, a project is getting all the headlines, and the next, another project is dominating the market.
Shiba Inu (SHIB), the once upon a time fascinating option for investors looking to make it big in the space is no longer getting the attention. Why? Because there's a new player in town that offers much more than SHIB.
In this article, we'll take a look at the latest addition to the meme coin frenzy, challenging the dominance of Shiba Inu (SHIB).
Shiba Inu (SHIB), one of the top meme coins inspired by Doge or better put Dog, rose to fame in 2021 during the bull-run that lasted for months. SHIB's remarkable 1000000% rise to the top from all-time-low (ATL) within months of launch printed lots of crypto millionaires that we know today.
The crypto winter that began in 2022 and is still ongoing has taken much of these profits from SHIB investors who are still holding as SHIB's price is down by over 90% from all-time-high.
The Anticipated Shibarium launch (A layer 2 scaling solution) which many thought would trigger a new upward rally has failed to meet expectations with SHIB price sinking further.
Shibarium initially launched on August 17 but faced issues, although nearly $2 million total value locked (TVL) was achieved on the Shibarium bridge. The team partnered with Polygon to address scaling concerns and successfully relaunched Shibarium on August 28.
Since then, the bridge has seen increased interaction, with daily transactions reaching over 90k as of September 3 according to ShibariumScan.
Despite these positive developments, according to data from DeFiLlama, the TVL in Shibarium has gradually decreased, currently at $1.04 million in September.
The botched launch and concerns related to meme coins like PEPE may have contributed to a lack of enthusiasm among the SHIB community, leading to reduced engagement with the SHIB bridge.
This has led to investors exploring alternative options like Anarchy that promises a whooping 10x return on investment.
It's Anarchy's time to shine. If you missed out on SHIB's giga pump, contrary to the saying opportunity comes but once, Anarchy presents another opportunity to catch up.
Headlining investors' pick for profits in 2023 and featuring on top 10 cryptos to buy in September, Anarchy (ANA) is sure destined for the top. What's so unique about this project that's generating so much optimism within the space? Let's take a look.
Anarchy is all about revolutionizing not just the meme coin sector but the finance industry at large. How? Anarchy has heard everyone's concern about the corrupt finance industry and is ready to empower us in putting a fight and call for change.
Anarchy is leveraging the reach memes possess as a tool to call for change. It's time to be a warrior and we all can't wait to put our meme skills into use.
As we are calling for change, more people will join the fight and as they do, Anarchy ecosystem flourishes. But what does that mean? It means more ANA holders, more voices and money. More money? Yeah, holding the governance token of Anarchy (ANA) becomes lucrative.
To even top it Anarchy ensures a deflationary mechanism in ANA, should we lose people along the way i.e sellers, as they sell their tokens, 0.5% of their ANA is burned forever thereby reducing supply of ANA leading to price appreciation while another 4.5% of their ANA is sent to a treasury wallet for the community to sponsor community-driven initiatives.
Now do you understand why Anarchy (ANA) is the real deal? Join the Anarchy presale to join the fight against corruption.
The ANA presale has been truly impressive, surpassing all expectations. Investors, along with some prominent crypto players, are eagerly accumulating ANA.
What makes ANA enticing is the current price of just $0.00027. The word on the street is that experts are tipping ANA for 10x return upon launching.
Don't let this opportunity slip. Get in on the ANA presale now!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.