Shiba Inu News: SHIB is Lagging These 3 Utility Tokens, Are They Superior Investments This Bull Run?

December 13, 2024
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4 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.

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Shiba Inu (SHIB) has become one of the most well known cryptocurrencies, driven by its dedicated community and meme appeal. However, as the market develops, investors are moving towards tokens with actual use and more creative ideas.

 Although SHIB is still very much in demand, utility-oriented initiatives, including Rexas Finance (RXS), Chainlink (LINK), and NEAR Protocol (NEAR), are starting to show as maybe better bets for this bull run. Beyond the hype, these tokens provide real value and creative ecosystems that might surpass joke coins like SHIB.

Rexas Finance (RXS): Changes Real-World Asset Tokenization

With its innovative tokenizing technology, which allows fractional ownership of actual assets such as real estate, gold, and commodities, Rexas Finance is revolutionizing asset management. Unlike Shiba Inu, which mostly depends on community-driven projects, RXS presents a strong ecosystem of useful tools for crypto trading, including the Rexas Token Builder and Rexas DeFi.

The initiative's remarkable performance throughout its presale period emphasizes its increasing attraction. With tokens selling at $0.125 at the ninth round and almost $25.3 million raised, RXS is set for a great introduction. At its projected $0.20 listing price, early investors stand to get a 60% return. Having finished a thorough CertiK smart contract audit, Rexas Finance also prioritizes security, guaranteeing safe and dependable surroundings.

Its profile has been improved even more by its listings on CoinGecko and Coin Market Cap (CMC). Furthermore, drawing new users and encouraging community involvement is Rexas Finance's $1 million giveaway campaign, where 20 lucky participants can get $50,000 worth of RXS tokens by performing tasks and submitting EVM wallet addresses. Offering a safe, utility-driven ecosystem and tackling actual financial inefficiencies, RXS presents itself as a fierce competitor in this bull run.

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Chainlink (LINK): Connecting Blockchains to Current Reality

Another utility coin with noteworthy real-world use is Chainlink. A leading dispersed oracle network, Chainlink links smart contracts with outside data sources, including APIs, financial systems, and market feeds. Blockchain technology's special capacity allows off-chain processes to interact, increasing the value of smart contracts in fields such as supply chains, insurance, and DeFi.

The LINK token is essential to Chainlink's ecosystem by paying for Oracle services and motivating data suppliers. Chainlink keeps confirming its supremacy in the industry with an always-rising number of integrations across several blockchain systems. Especially in a bull market when demand for distributed apps (dApps) is predicted to explode, its reputation for dependability and inventiveness makes it a better investment choice.

By addressing important issues in data accessibility and accuracy, Chainlink is promoting blockchain adoption, unlike Shiba Inu, which lacks the same degree of pragmatic uses. Its utility-driven approach guarantees a long-term, steady development path.

NEAR Protocol (NEAR): Next Generation of Blockchain Interoperability

NEAR Protocol is a Layer-1 blockchain designed for scalability, cost efficiency, and interoperability. Its developer-friendly framework distinguishes it and makes building and deploying distributed apps simple. NEAR's ability to link blockchain ecosystems via cross-chain communication guarantees flawless value transfer and data exchange—qualities absent from SHIB right now.

Among the several uses for the NEAR token are governance, staking for network security, and transaction fees. For both consumers and developers, NEAR's minimal fees, quick transaction speeds, and environmentally benign approach appeal. Emphasizing its adaptability and practical usefulness, its expanding ecosystem supports DeFi projects, NFTs, and gaming apps.

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Shiba Inu lags behind NEAR Protocol regarding technological developments and scalability even while investigating utility using its Shibarium Layer-2 blockchain. For long-term investors, NEAR appeals more since it can solve important problems in the blockchain environment.

A move towards utility-driven tokens marks change.

Investors are prioritizing tokens with concrete use cases and creative ecosystems as the cryptocurrency market develops. Though Shiba Inu is still a cultural phenomenon, utility-driven tokens like Rexas Finance, Chainlink, and NEAR Protocol are progressively taking the front stage.

For individuals looking for useful applications in blockchain technology, Rexas Finance presents a safe and transforming way to real-world asset tokenization. While NEAR Protocol lays the groundwork for scalable and interoperable blockchain solutions, Chainlink fills the void between blockchains and actual data.

This bull run could be a turning point whereby utility tokens take the front stage and meme coins like SHIB find difficulty keeping pace. These three tokens provide investors seeking maximum returns a change towards meaningful innovation and sustainable growth.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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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