1 Cryptocurrency That Could Crush Shiba Inu in 2022
The crypto economy has exploded in recent years, creating significant wealth in the process. In fact, CoinMarketCap.com now lists over 9,200 different cryptocurrencies, which are collectively worth $1.75 trillion. But with so many options, it can be difficult to identify worthwhile investments, especially with meme tokens dominating the headlines.
On that note, Shiba Inu (CRYPTO: SHIB) rose to prominence last year, generating returns of roughly 42,000,000% in 2021. And now that the meme token is down 75% from its high, many investors are hoping for an encore performance in 2022. Some are even calling for the price to hit $1 in the future. Unfortunately, that's literally impossible. (Its recent price was about $0.000021.)
More importantly, Shiba Inu's sharp sell-off doesn't imply an equally impressive rebound. All that matters now is what type of returns the token can generate in the future. To that end, several cryptocurrencies look like much better investments. Here's one example.
Source Fool.com