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Could Shiba Inu And Litecoin Holders Switch To Rocketize Presale?

IndustryTrends

The year 2022 is coming to an end. Through the past 11 months, almost all cryptocurrencies lost 70% of their value. Because investments in popular currencies have yielded extremely low-profit returns, cryptocurrency enthusiasts are diversifying their investing ideas. As a result, Shiba Inu (SHIB) and Litecoin (LTC) investors are looking for new projects with a greater possibility for expansion. Rocketize (JATO), a presale gem, could be one of those crypto projects.

Shiba Inu- The Dogecoin Chaser

Shiba Inu is a community-based coin that proves how effective a coin will be if it is solely run by its users. Shiba Inu attempts to provide a Dogecoin alternative based on Ethereum. Additionally, the Shiba Inu project funds initiatives like the NFT art incubator.

Shiba Inu has a very impressive coin market cap, and this makes it a realistic alternative for potential investors.

Despite being less than one-third of its all-time high, Shiba Inu is currently worth more than 3,000 times its initial value. Shiba Inu (SHIB) soared in value during the last bull market after becoming more popular thanks to endorsements from influencers. The meme currency was one of the top performers in the previous year and rewarded its investors with millions.

Several crypto projects have attempted to emulate Shiba Inu's (SHIB) success. However, the cryptocurrency still trails Dogecoin and is unmatched. This storyline, though, might alter in the upcoming months when new meme coins are launched into the market.

Litecoin Experiencing a Heavy Dip 

According to Charlie Lee, Litecoin (LTC) was intended to be a "lite version of Bitcoin." This means that Litecoin (LTC) will have the majority of the same features and attributes as Bitcoin (BTC) but will be lower in weight. Litecoin (LTC) retains its appeal by providing succinct utility benefits and simplicity. This network's transactions are typically completed in minutes, and the fees are essentially intangible.

Litecoin (LTC) is a digital native cryptocurrency based on blockchain technology that the general public can use for international and domestic payments. However, according to Binance data, Litecoin (LTC) has underperformed since the coin was hit by the broader bearish market trend.

Litecoin's (LTC) bad performance follows an official statement from Litecoin's official Twitter page stating that they will bring an MWEB capability to mobile phones.

This ongoing price decline has made investors wary of buying the dip, despite the prospect of a subsequent uptrend. Instead, they are looking for other investments with high yields, such as Rocketize.

Rocketize Could Go On To Snatch Shiba Inu And Litecoin Holders

Rocketize Token (JATO) is on track to become the season's meme coin. Many initial investors predict it has the potential to pull the market out of a bear market, similar to how Dogecoin did in 2021.

Because meme coins can attract users from outside the cryptocurrency ecosystem, they provide an alternative method of onboarding new users and bringing new money into the market. The fact that Rocketize is on the Binance Smart Chain makes this work considerably easier.

Although the Ethereum blockchain is the main network for DeFi and other environments, it is not well suited for onboarding new customers because transactions are significantly slower and more expensive than on the BNB Chain.

Rocketize Token (JATO) is an innovative meme coin with a unique story to enable community holders to gain money and send the token to the moon—an analog for a large price increase in the cryptocurrency market.

Rocketize (JATO) will also adopt a DAO governance architecture, allowing users to actively participate in the project's direction. Users can create proposals and submit them to the community for approval. Approval is acquired through consensus and community votes.

For More Information On Rocketize (JATO):

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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.

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