Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104%
Price: $0.31489 -1.9354%
Market Cap: 46.39B 1.4104%
Volume (24h): 4.16B 0%
Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
  • Market Cap: 46.39B 1.4104%
  • Volume (24h): 4.16B 0%
  • Dominance: 1.4104% 1.4104%
  • Price: $0.31489 -1.9354%
Home > Information news > Why Zig Network (ZIG) is Set to Surpass Dogecoin (DOGE) and Shiba Inu (SHIB) in 2024

Why Zig Network (ZIG) is Set to Surpass Dogecoin (DOGE) and Shiba Inu (SHIB) in 2024

Release: 2024/10/21 14:34 Reading: 696

Original author:TheCoinrise Media

Original source:https://coinmarketcap.com/community/articles/6715eb80fa19705361e3157a

Why Zig Network (ZIG) is Set to Surpass Dogecoin (DOGE) and Shiba Inu (SHIB) in 2024

Zig Network (ZIG): Poised to Overtake Dogecoin (DOGE) and Shiba Inu (SHIB) in 2024

The cryptocurrency realm is abuzz with excitement, and developments involving prominent players ignite rampant speculation. Elon Musk's recent inclusion of Dogecoin (DOGE) in his announcements has catapulted this meme token to astronomical heights. Shiba Inu (SHIB) has also enjoyed a surge after implementing a substantial token burn.

Amidst the hype surrounding these meme coins, a new contender has emerged on the blockchain scene: Zig Network (ZIG). Its revenue sharing model has garnered significant interest, introducing an innovative approach to the crypto landscape. Let's delve into the performance of these coins in the current market and explore why Zig Network (ZIG) is expected to surpass them in 2024.

Dogecoin (DOGE): Renewed Momentum with Musk's Support

Dogecoin (DOGE) has flourished on the unwavering support of Elon Musk since its inception as a playful meme token. Each of his mentions has propelled Dogecoin's price to unprecedented levels. Notably, his 2021 endorsement of DOGE as "the people's crypto" saw the coin peak at $0.73. However, this reliance on Musk's influence has also highlighted its inherent volatility and uncertainty.

In 2024, Dogecoin (DOGE) has remained relatively stable, fluctuating around $0.06 with no significant price movements. Investors are now questioning its long-term sustainability, given its dependence on Musk's endorsements. While Dogecoin possesses a loyal fan base, investors are seeking alternatives with more utility and growth potential.

Shiba Inu (SHIB): Community-Driven but Vulnerable

Shiba Inu (SHIB) has cultivated an active community through its aggressive token burn strategy and focus on reducing the circulating supply. The project's burn rate has escalated by 367%, successfully eliminating over 11.5 million tokens from the market. Although such indicators reflect robust community engagement, the price of Shiba Inu (SHIB) remains at a low $0.0000073.

Despite its recent momentum, Shiba Inu's growth trajectory is uncertain and plagued by volatility similar to Dogecoin (DOGE). Investors have opted for more stable investment options that offer reliable returns, including Zig Network (ZIG).

Zig Network (ZIG): A Game-Changer

Zig Network (ZIG) is a newcomer to the cryptocurrency market with a unique model that enables holders to share in platform revenue. This innovative approach fosters a sustainable ecosystem for long-term growth, insulated from market speculation. Moreover, Zig Network's liquidity is permanently locked, and its smart contracts have undergone third-party audits for enhanced security.

Zig Network (ZIG) sets itself apart with its potential for passive income through staking and its practical utility as a ZIG debit card for real-world transactions. Its VIP rewards program and decentralized governance model empower users beyond mere speculative trading. In 2024, Zig Network (ZIG) is poised to generate excitement as the only viable contender to surpass Dogecoin (DOGE) and Shiba Inu (SHIB) in both value and utility.

Discover Zig Network (ZIG):

Zig Network Website

Zignet Whitepaper

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