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List of 6 Tokens that can be the next Solana (SOL)
Investors and Experts likewise have been in constant search for the next big thing in crypto after the advent of Solana. Solana rose to the limelight creating waves in the industry, and yielding profits for investors and its utility was compelling to the crypto community.For cryptocurrency projects and decentralized apps (dApps), Solana is a high-performance blockchain. Its emphasis on speed, cost-effectiveness, and scalability makes it stand out.Games, NFT platforms, decentralized exchanges, and DeFi protocols are just a few of the many projects that Solana has supported. Numerous projects looking for scalability are drawn to it by its active community and developer-friendly environment.But with its fervour slowly declining, six tokens are gearing up to become the top coin.We list and discuss these tokens in the listicle below under their unique Focuses, Value Propositions, and Potentials.1. Retik Finance (RETIK)Focus: Retik Finance is committed to using cutting-edge DeFi products and services to close the gap between traditional finance and cryptocurrencies.Value Proposition: Retik Finance wants to make cryptocurrency spending, lending, borrowing, and exchange services simple for users through its DeFi Debit Card and extensive ecosystem.Potential: Users looking for a smooth transition from fiat to cryptocurrency finance may be drawn to Retik Finance by its user-centric strategy and emphasis on facilitating global cryptocurrency spending.2. Fusionist ($ACE )Focus: The Fusionist project operates on the Endurance blockchain. Its main area of interest is Web3-based decentralized gaming.Value Proposition: Within gaming ecosystems, ACE, the native token of Fusionist, plays a critical role in enabling in-game purchases, rewards, governance, and cross-chain functionality. Its emphasis on utilities tailored to the gaming industry sets it apart in the cryptocurrency space.Potential: Fusionist can draw in a user base looking for decentralized finance features paired with immersive gaming experiences, given the expanding gaming industry and growing adoption of blockchain in gaming.It had recently made waves in the crypto industry following its listing on Binance, a wave that caused it to move up by a whopping 4400% on the day it got listed. Fusionist (ACE) looks to be a worthy fit to become the next Solana.3. Bonk ($BONK )Focus: Bonk functions within the Solana ecosystem and aims to close the gap between meme coins and utility tokens. It is distinguished by its meme-inspired design.Value Proposition: Bonk has integrated into the Solana ecosystem, indicating potential utility that goes beyond hype and speculations, despite its initial status as a meme. Reputable exchanges’ adoption of it suggests potential future applications.Potential: Because of its solid community support and incorporation into Solana’s ecosystem, Bonk has the potential to benefit from network effects and possibly develop into a more practical token.The token is demonstrating huge potential for profit having increased by over 400% in the last 30 days.4. Injective ($INJ )Focus: By offering a decentralized, censorship-resistant platform for trading and DeFi applications, Injective Protocol seeks to upend established financial markets.Value Proposition: Injective Protocol provides a decentralized exchange (DEX) protocol that allows users to create and trade derivatives while preserving interoperability and decentralization. It also supports a variety of assets.Potential: Traders looking for alternative financial markets may be drawn to Injective Protocol by its robust architecture and distinctive offering as DeFi grows and decentralized exchanges acquire popularity.Its huge potential is evident in that INJ’s price has been on the rise; in the past 24 hours, a huge increase of 12% has been witnessed while it has seen over 120% in the last 30 days. According to Coingecko, over 80% of its community feels good about the token, further showing its growing bullish sentiments.5. Fantom (FTM)Focus: Fantom uses a directed acyclic graph (DAG)–based consensus algorithm to address the issues of scalability and high transaction costs in blockchain networks.Value Proposition: Fantom provides a platform for creating decentralized apps and DeFi solutions, with an emphasis on scalability and quick transaction times.Potential: Fantom’s emphasis on efficiency and scalability makes it a competitive option for applications needing high throughput and cheap transaction fees. This could draw users and developers to its network, making it a worthy crypto to become the next Solana. In its resurgence attempt, FTM has risen by 23% in the last 14 days. 6. Avalanche (AVAX)Focus: Avalanche’s primary goal is to provide decentralized applications and customized blockchain networks with high throughput and low latency.Value Proposition: Avalanche aims to offer a stable platform for building custom blockchains, interoperability, and decentralized finance through its consensus mechanism and subnets.Potential: Developers looking for quick and flexible solutions may choose Avalanche as their platform of choice due to its focus on high throughput and customizable blockchains.In the last 14 days, AVAX has risen by over 69% showing a rise in investor confidence, and overall, 85% of people feel good about the token. Experts believe it can be the next Solana.ConclusionEach of these tokens has distinct features and focuses on the cryptocurrency market. Their potential is found in their capacity to meet particular market demands, welcome technological advancements, and draw in a user base of people searching for a variety of approachable blockchain solutions.Ranking from Retik Finance, the tokens are Experts’ pick to become the next Solana in terms of utility and profitability. #dyor Source CMC#Priceanalysis #RETIK
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Shiba Inu’s Lead Developer Contemplates 99.9% Token Supply Burn
It would take a well-planned and massive withdrawal of tokens from circulation.

In theory, SHIB tokens might become more valuable due to their increased scarcity.

Shytoshi Kusama, the chief developer of the Shiba Inu (SHIB) cryptocurrency project, recently issued a remark that has the whole community buzzing. Kusama has brought up the prospect of limiting the amount of Shiba Inu in circulation to as little as 0.1 percent of its present volume. Many people, including investors and fans of the cryptocurrency, are talking and speculating about this statement.

The current circulating quantity of SHIB is 580 trillion, and if this idea were to be implemented, it would cause a significant change. Kusama made the comment in reaction to a sardonic offer by an opponent to destroy 99.9% of SHIB tokens, maybe with the money from Shibarium service fees. 

Tough Task

A large portion of the Shiba Inu community has responded favorably to Kusama’s audacious claim. Many SHIB enthusiasts are eagerly awaiting the possible burning of enormous quantities of tokens. Many members of the community share this optimistic outlook and would love to see the value of SHIB rise after drastic supply cuts.

Though difficult, Kusama certainly countered that it is not impossible to accomplish such a feat. But getting to that level of dramatic decrease isn’t easy. It would take a well-planned and massive withdrawal of tokens from circulation to burn up 99.9 percent of SHIB’s supply. Token burns have been executed by the SHIB development team before, although on a lesser scale.

In theory, SHIB tokens might become more valuable due to their increased scarcity as a result of a lower supply. According to CoinMarketCap, at the time of writing, SHIB is trading at $0.00001103, up 1.17% in the last 24 hours.

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