What Whales Are Not Telling Us About Shiba Inu (SHIB), Solana (SOL), Cardano (ADA) and PlutoChain ($PLUTO)?

November 20, 2024
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5 min read

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

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Solana (SOL) has kept its momentum strong, crossing $242 as its ecosystem shows renewed strength. Meanwhile, Shiba Inu (SHIB) continues to upgrade beyond its meme coin origins, gaining traction with Shibarium’s real use

Cardano (ADA) is making waves, surpassing $0.73 amid growing DeFi activity and the implementation of its Hydra scaling solution.

But there’s another name catching the attention of major players—Pluto Chain ($PLUTO). Known for its innovative decentralized architecture and energy-efficient consensus, Pluto Chain($PLUTO) is quickly becoming a central point for those seeking to be involved from early on.

Are crypto investors quietly accumulating SHIB, SOL, ADA, and $PLUTO for reasons they aren’t sharing with the broader market? Let’s find out why these projects are becoming the focus of some of the largest players.

Solana (SOL) – Why It’s Back in the Spotlight

Solana (SOL) has been making significant in the crypto market, recently climbing past $242 and regaining momentum as one of the most promising blockchain platforms.AD 4nXf8nwP5s 3i5gB5jWatkUTwKXCHgHU6xB1BnXkjVIANVRYXCI9718S3RMk0loqPxB CYrObWIe8D3xZx95HzgSG6kAKO5s Y2wtyYIGTaKIoc4aVAYyug66UArZQg3XEGIzBrvv6A?key=Zfb8ic2MnA ramBBBKTquCuC

Renowned for its ultra-fast transaction speeds and incredibly low costs, Solana has become a favorite for developers looking to build scalable decentralized applications.

Its comeback can be credited to a series of upgrades that have improved network performance and reliability, addressing concerns from the past.

What’s causing all this interest lately? For one, Solana has been expanding its use cases through innovations like Solana Pay, which is bridging the gap between crypto and traditional payment systems.

On top of that, the platform is thriving in areas like DeFi, NFTs, and blockchain gaming, drawing attention from both retail and institutional investors. Data even shows whales have been quietly accumulating SOL, signaling big bets on its future.AD 4nXcM5XWY4VU61EaJutkpOVvl7nR3WQwIfkpm6h04a rcQSEZ G3nP5maHVcbewvhRFiA7WIZ1u2tgtRr66tPQdFD1lATWZz9mTJrABBHr9sizDI40t5wWqTLrm06ovzmEKTXznSkqQ?key=Zfb8ic2MnA ramBBBKTquCuC

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Some analysts believe Solana could reach $290 in 2025 if it keeps this momentum.

Shiba Inu (SHIB) – From Meme Coin to Real Use

Shiba Inu (SHIB) has come a long way from being just another meme coin—it’s now establishing its positon as a serious player in the crypto community.A big reason for its recent buzz is the launch of Shibarium, a Layer-2 blockchain designed to make transactions faster and cheaper.This upgrade opens doors for more practical uses like decentralized apps and other real-world applications, helping SHIB shed its reputation as a purely speculative asset.The Shiba Inu ecosystem is also expanding in exciting ways, with initiatives like SHIB: The Metaverse integrating gaming, NFTs, and Web3 technology.AD 4nXd3CT6qshK2xNFVwwoFqOD4km9j eEeNtqX7FPzsH1IYJOSTFqW2c3AH8c7VmOWAdESinFWNS3pDNZfEa9x0mg3f By6NVeU1q7Qd5TEGitFBr mWwiZyAdRKaWCVGN5BnM9ARi?key=Zfb8ic2MnA ramBBBKTquCuC

Recent on-chain data even shows that people have been quietly increasing their SHIB holdings, which suggests they see long-term potential in the token.

When it comes to price predictions, the outlook is cautiously optimistic. So, taking all of that in the equation, SHIB might challenge some of its previous highs.

Cardano (ADA) – Gaining Traction Through Patience and Progress

Cardano (ADA) has managed to make its mark in the market, largely due to its slow but steady approach. While other projects have surged based on hype or flashier tech, Cardano’s research-first, methodical development style has attracted a loyal following.The platform’s recent upgrade, Hydra, is designed to boost scalability, enabling faster and cheaper transactions—critical for Cardano’s future in decentralized finance (DeFi) and enterprise use cases.AD 4nXcfe AramG HElfRpx91j2BaAcjmzLc6qXWOr9ScATI22ub3EIOd2Zu1O0lddduImiA i G4q0kAaNfM4XQSk5X8zvuwoTp0ublkmbQTnlRShTs2Ndafv0pYE7I46cJPwmPMh4ZPQ?key=Zfb8ic2MnA ramBBBKTquCuC

Lately, Cardano has been in the spotlight as its ecosystem continues to expand, especially in areas like DeFi and NFTs. With the introduction of Alonzo, Cardano added smart contract capabilities, putting it in direct competition with platforms like Ethereum.

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It’s this combination of steady growth, technical advancements, and increasing real-world applications that has drawn more attention from investors and developers.

Some believe that if Cardano’s updates continue to roll out successfully, it could see a rise to $1 or even higher in 2025.

PlutoChain ($PLUTO) – Adding to the Bitcoin’s Potential With First Ever Hybrid Layer 2 Solutions

PlutoChain ($PLUTO) is positioning itself as an importan project in the blockchain community by offering the first hybrid Bitcoin Layer 2 solution, unlocking new potential for Bitcoin beyond its current use cases.

This breakthrough technology enables smart contracts on Bitcoin, expanding its utility into areas like AI, DeFi, NFTs, and the metaverse – domains traditionally dominated by platforms like Ethereum, Solana, and Cardano.

By bringing Ethereum/Solana-level applications to Bitcoin, PlutoChain is reducing the reliance on other blockchains and adding final utility to the world’s most recognized cryptocurrency.The platform offers low transaction costs, high speed and a dedicated block explorer, making it ideal for a wide range of applications. PlutoChain is also audited by SolidProof and offers staking options for yield generation, adding extra incentives for investors.AD 4nXee8FM4NhtBRtCXD94BCf3PKIOsBnXngPJ2106hj6KLkV5v4fZFLXOmJ1uTChLDCEIp9Wq NzrptAHrSTqjrKqIJaw5Su8k M4bHQR86cTlt1Wz4UNlOA4E6D53qEiZrrAp3o7s?key=Zfb8ic2MnA ramBBBKTquCuC

What makes PlutoChain particularly interesting for investors is its huge growth potential. Bitcoin, with a market cap of $1.5 trillion, has seen its DeFi market underdeveloped—its TVL stands at only 0.13% of its market cap, compared to Ethereum’s 10%.

As PlutoChain taps into this untapped Bitcoin DeFi (BTCfi) market, the project could be worth a look.

Currently valued at only $30 million, PlutoChain presents an attractive value proposition, especially when compared to similar projects like CORE, which is valued at $2 billion.

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Crypto investors seem to be making their moves behind the scenes, with Solana (SOL) maintaining its lead in DeFi and catching the eye of investors thanks to its impressive scalability.

Cardano (ADA), with its steady development, is finding its place in real-world applications, particularly in DeFi. Shiba Inu (SHIB), once just another meme coin, has become a real contender in the space, with its expanding ecosystem in DeFi and NFTs.

Meanwhile, PlutoChain ($PLUTO) is emerging as a potentially important project, offering the first hybrid Bitcoin Layer 2 solution, making space for smart contracts and DeFi integration.

Whether it's Solana’s continued growth, Cardano’s methodical approach, Shiba Inu’s surprising leap, or PlutoChain’s innovative tech, the altcoin market is buzzing with potential. As investors quietly shift their attention, the big question is which of these projects will see the biggest rise.

Visit the links below to learn more about PlutoChain and its unique features:

Official Website: https://plutochain.io

X/Twitter Page: https://x.com/plutochain/ 

Telegram Channel: https://t.me/PlutoChainAnnouncements/ 

This article does not offer financial advice. Cryptocurrencies can be unpredictable and carry risks. It is important to conduct thorough research before acquiring any crypto asset.

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

Interested in reaching our dynamic readership? Connect with us at business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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