As the crypto market progresses towards the fourth quarter of 2024, investors are anxiously waiting for the next big thing to happen. Among older and reputable players like Litecoin (LTC) and Shiba Inu (SHIB), numerous challenges are holding them back. In contrast, Zig Network (ZIG) has recently received a lot of attention as one of the promising alternatives.
This revenue-sharing blockchain was only recently introduced and has the potential to change DeFi and emerge as a market leader. Here’s why Zig Network (ZIG) could outperform these popular coins next year.
Litecoin regulation has made progress, but market uncertainty remains
Litecoin (LTC) is currently in the headlines with news that Canary Capital has filed for the first Litecoin (LTC) exchange-traded fund with the U.S. Securities and Exchange Commission. This could encourage institutional adoption of Litecoin (LTC) and even push the coin further up in the market. Litecoin (LTC) is still trading around $70.09 after a 9% price increase, making many industry players cautious. Most people continue to be reminded of how the Ethereum (ETH) ETF’s failure to gain traction creates uncertainty for Litecoin (LTC)’s future growth.
While there are some benefits to Litecoin being legally classified as a commodity, Zig Network (ZIG) has a strategy for revenue sharing and practical ease of use in real life that will make it a viable option for Litecoin in 2024. Coin (LTC) could gain a much stronger rationale to lead.
Even with Shiba Inu’s high predictions, risks remain
Shiba Inu (SHIB) is a meme token that always depends on market mood and hype for its positive performance. Even now, the token is making headlines after crypto expert Jake Gagain’s prediction that it would have a market capitalization of $100 billion. However, Shiba Inu’s current market capitalization is around $10.7 billion, which would require an 830% jump to achieve such a goal. Despite the growing utility and partnership, Shiba Inu’s memecoin roots make this a risky investment.
In contrast, Zig Network (ZIG) offers a more down-to-earth approach with tangible benefits such as passive income through staking and real-world purchases through the ZIG debit card. , positioning it as a strong alternative for cautious investors.
Zig Network’s unique value proposition
Unlike traditional cryptocurrencies, Zig Network (ZIG) brings a new perspective to the market. Its revenue sharing model allows holders to earn daily income from fees generated on the platform, while staking tokens provide another source of passive income. Its practical applications make Zig Network (ZIG) a completely unique blockchain. Users can make real-world purchases using their ZIG debit card, and the platform’s decentralized governance allows token holders to propose and vote on changes to the network.
Zig Network’s cross-chain capabilities further enhance its appeal, making it a versatile and advanced choice for investors. The project entered the market with strong fundamentals and an exciting pre-sale opportunity.
Purchasing the tokens at this time is highly advantageous as they are available at a very affordable price of just $0.01. Nevertheless, given the potential that Zig Network (ZIG) shows with its user rewards platform, there is no doubt that it is poised to lead the crypto market in 2024.
For more information on the Zig Network Presale, please use the links below.
Participate in the Zig Network Presale
Read the Zignet white paper
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