Top 10 Cryptocurrencies that will Dethrone Shiba Inu in 2022

August 11, 2022

4 mins read

Cryptocurrencies are flourishing to drive profit and overtake Shiba Inu with their strategies

Crypto investors are highly interested to drive profit through the trending cryptocurrencies, yet a bit afraid of the highly volatile crypto market. There are thousands of cryptocurrencies that can attract crypto investors to invest thousands and millions of dollars. Shiba Inu is the top meme coin that is showing major improvement in the crashed crypto market. SHIB tokens as meme coins are thriving among the crypto investor communities. Thus, let’s look out for the top ten cryptocurrencies ready to dethrone Shiba Inu (SHIB) in the nearby future 2022.

Top ten cryptocurrencies set to outperform Shiba Inu (SHIB)

Lucky Block

It is one of the top emerging cryptocurrencies as a blockchain-based online lottery protocol that claims to provide fully transparent, fair, and secure gameplay. It is designed for people who play the lottery rather than traditional investors. The Lucky Block project was launched in 2015 and is based on the widely used Binance Smart Chain network. Its NFT Competitions Platform offers numerous valuable rewards. By buying and holding one of the Platinum Rollers Club NFTs one gains a percentage of the rewards pool and also free automatic entry into every “Platinum Competition” in the crypto market.

Tamadoge

This is an alternative meme coin to SHIB and is also known by its acronym TAMA, is the gateway token of the Tamaverse – where one can mint, breed, and battle one’s Tamadoge pet in the metaverse. It is going beyond gate barking and becoming one of the biggest hyped meme coins of all time and pushing the boundaries of the Play-to-Earn space, to provide a game that people will be climbing over each other to use.

Avalanche

Avalanche is one of the top cryptocurrencies as an open, programmable, smart contracts platform for decentralized applications. It is a launching pad for Ethereum Apps for instant and superfast transactions to the extent of thousands per second in the crypto market. It provides a security guarantee well above the usual 51 percent. It employs blockchain that fits one’s personal needs. It also encourages one to build virtual machines and to dictate exactly how the blockchain should operate.

Polkadot

It claims to unite and secure a growing ecosystem of specialized blockchains which are called Parachains. Apps and services on Polkadot can securely communicate across chains, forming the basis for an interoperable decentralized web. It does so by enabling cross-blockchain transfers of any type of data or asset, and not just tokens. Connecting to Polkadot gives one the ability to interoperate with a wide variety of blockchains in the Polkadot network. It is also supposed to provide unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains in the crypto market.

Cardano

It posits itself to be a blockchain platform for change makers, innovations, and visionaries. It is built by a decentralized community of scientists, engineers, and thought leaders united in a common purpose: to create a technology platform that will ignite the positive change the world needs. It seeks to go beyond the past and embark on the result-oriented present through the latest technology. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA. Every ADA holder also holds a stake in the Cardano network and is ready to outperform Shiba Inu.

Tether

Tether (USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and is stated to have been backed “100% by Tether’s reserves”. It was launched as RealCoin in July 2014 and was rebranded by its current name in November 2014. It started trading in February 2015. As of May 2022, it became the third-largest cryptocurrency after Bitcoin and Ethereum, and the largest stablecoin with a market capitalization of nearly US$83 billion which is one of the best alternatives to SHIB.

Solana

It is claimed to be the fastest blockchain in the world and the fastest growing ecosystem in crypto and its projects span DeFi, NFTs, Web3, staking, and so on. Among Web3 apps, it also hosts Audius, the decentralized music-sharing platform. With native currency SOL, it operates in the top crypto market as well as NFT marketplaces like Metaplex, Solanart, MagicEden, Solsea, and Digital Eye among others. Solana is considered to be a potential long-term rival for Ethereum.

Binance Coin

Issued by the Binance exchange and trades Binance Coin is the cryptocurrency with the BNB symbol. In Quarter 2 of this year, Binance Exchange was the largest cryptocurrency exchange in the world, with a volume of US$7.6 billion. Binance was originally created in 2017 as a utility token for discounted trading fees but over the last five years, it has extended its use to numerous applications— payments for transaction fees on the Binance Chain, travel bookings, entertainment, online services, and financial services and so on.

Battle Infinity

The cryptocurrency is a gaming platform that hosts multiple P2E battle games integrated with the Metaverse, called ‘The Battle Arena’. In the Battle Infinity world, gamers can play and battle with the immersive experience in the Metaverse world. With a vision to revolutionize the traditional world of gaming, it seeks to integrate gaming with the metaverse and blockchain, providing a “completely decentralized experience” that gives users and creators direct ownership of their in-game items in a transparent and tamper-proof manner.

Axie Infinity

It is an NFT-based online video game developed by Sky Marvis, a Vietnamese studio. It is effectively a Pokemon-inspired digital pet universe in which players can battle, trade, and collect fantasy creatures called Axies in various games. It uses Ethereum for its activities. The Axie Infinity Universe publicizes the benefits of blockchain technology through “Free to Play to Earn” gameplay and a player-owned economy.

Top 10 Cryptocurrencies that will Dethrone Shiba Inu in 2022