Shiba Inu (SHIB)
For me I consider Shiba Inu is one of the best penny cryptocurrencies to invest in at the moment. Meme tokens has been on a massive rise since the beginning of this year and has gotten a lot of attention. At the moment, there are a lot of meme tokens that have been created but not many are good enough to last for a very long time. Shiba Inu is one of the meme tokens that was created few months ago and went on to enter into the top 30 cryptocurrencies on coinmarketcap at some point. Shiba Inu is one of the cryptocurrency projects that initially came out as a meme token launched on the ethereum blockchain.
Shiba Inu was created as a meme token to compete against dogecoin, however, it grew so big above the expectations of people that Shiba Inu has grown past being just a meme token but an ecosystem with multiple applications to launch soon and a huge community behind the project. The most anticipated is the Shibaswap and is expected to launch soon. Even though Shiba Inu has already done over 10x in price, there is still a lot more to come from it as the Shibaswap hasn’t launched yet and there are still more exciting news to come. In my opinion, Shiba Inu is still very much in its early stage, which makes it one of the most penny cryptocurrencies with huge potential. SHIB is the token of the Shiba Inu ecosystem, an ethereum-based token which can be stored in any wallet that supports ethereum-based tokens.
Shiba Inu (SHIB) is one of the top meme tokens out there with a large trading volume, and have attracted the listing on some of the biggest crypto exchanges. At the moment, SHIB can be traded on Binance, Kucoin, Uniswap, Huobi Global, Poloniex, Bittrex, OKEx, Bilaxy, Bithumb, Gate.io and even more.
Ripple (XRP)
Ripple XRP is basically a cryptocurrency project that has been around for a while now since 2014. Ripple is without a doubt one of the top cryptocurrency projects with a large market capitalization and has gained a lot of popularity over the years. At the moment, XRP is one of the highest ranking cryptocurrencies based on market capitalization, sitting in the top 6 on coinmarketcap. Ripple and XRP are basically two different things. Ripple is basically company behind a global payment platform that is known as ripplenet and XRP which is the blockchain platform with XRP as its native cryptocurrency.
There have been a lot of sentiments surrounding Ripple and XRP over the past years concerning their vision and mission. Some people see Ripple XRP as going against the overall idea of cryptocurrency as they are working in close terms with the centralized banking system. However, even though Ripple XRP has received its own share of negative sentiments, it hasn’t stopped ripple from doing well and remaining in the top 6 on coinmarketcap. Ripple XRP aims to become a global cryptocurrency solution to the current fiat currency for users to be able to send and receive money faster anywhere in the world.
