SHIB holders are switching to new tokens with a profit potential of 10,000%
In 2024, the crypto market is just getting started and many investors are looking forward to what it has to offer, especially in the meme coin niche. Shiba Inu is mentioned among the promising coins. At the beginning of January, the developers introduced a mechanism for automatically burning SHIB tokens. This measure is expected to increase the value of the coin, as burning is known to reduce the circulation of assets and make them more scarce.
Shiba Inu has a good reputation, but there are new meme coins on the market that have the potential to generate higher returns in 2024. These are Meme Kombat, a cryptocurrency with a gaming platform featuring battles of your favorite memes, and SPONGE V2, a successor to the Sponge token that saw a 100x rise in 2023.
Coins that SHIB holders are adding to their portfolio: Getting rich with cryptocurrency in 2024 is no easy task. For this reason, the most effective way to make a profit is to create a diversified portfolio, i.e. purchase of various assets.
