This is why investors are moving from Shiba Inu and Dogecoin to Zig Network

Investors are shifting from volatile meme coins to Zig Network, a blockchain offering stable returns at just $0.01.

It is no surprise when all the ups and downs with meme coins that have been going about in the market, investors have been looking for alternative investments. Although meme coins like Shiba Inu (SHIB) or Dogecoin (DOGE) have enjoyed the popularity and support of followers for a relatively long time, they haven’t proven to give consistent profits, thus motivating diversification of portfolios towards more sustainable growth.

Zig Network (ZIG) has a unique blockchain model that manages to provide stable returns to all of its big and small investors for their contributions to its platform. As a revenue sharing model, investors have chosen to move into this token for its affordable price of $0.01 and protect their portfolios from the uncertainties of meme coins.

Shiba Inu’s unending ups and downs continue

According to the latest updates, there is a 6750% spike seen in Shiba Inu’s token burn rate. It sparked yet another new wave of excitement among its followers. This caused an increase of 27.10 million tokens removed from circulation; once again, there are new speculations for more price increases among investors. Another huge news in this ecosystem is its Layer 2 solution known as Shibarium. The daily transactions activity has increased dramatically and the increase is significant for anyone to ignore.

All these positive signs, yet the prices of Shiba Inu remain low as there has been a huge fall of about 4.76% in only past day. Although recent updates have been accomplished in the community, most are still cautiously looking for ways to invest more securely.

Dogecoin’s consolidation amidst volatility

Dogecoin, too, has been showing some strength, rebounding from a low of $0.08 and making a test at the resistance point of $0.15. Currently, technical indicators are placing Dogecoin above its 50, 100 and 200 day moving averages, as a result of which there may be further buoyancy in the price movement. However, for now, the crypto has pulled back somewhat at around $0.14.

Despite this slump, Dogecoin is still a player in the market, with open interest in DOGE/USDT contracts increasing. However, with selling pressures now appearing near critical support levels, some investors might view Zig Network as a better opportunity for long-term growth.

Zig Network: A game changer in crypto investment

Zig Network is showing its potential in the cryptocurrency world by introducing a novel revenue sharing model. This model allows token holders to get a percentage of the platform’s fees while not only providing a consistent source of passive income but also encouraging engagement, which leads to more tokens staked and, as a result, daily passive income. Additionally, investors will be able to spend in the real world using the Zig debit card, which will be tied to their token balance, further connecting the crypto world to the traditional financial world. 

Investors can spend in the real world using the Zig debit card tied to a balance in a token and further connect the crypto world to the traditional financial world. For larger holders, there is also a VIP program offering more comprehensive account management and better staking rewards. Zig Network’s new features, such as passive income and a focus on community interaction, are gaining popularity among users looking for a safe, dependable alternative to the turbulent world of meme coins.

For more information, visit the Zig Network presale website and read the whitepaper.

This article first appeared at crypto.news