The price of Shiba Inu has appreciated 5% over the course of the last 24 hours, and many are wondering just how far the price of SHIB can now go.
The Dogecoin community are often vocal about their target of reaching $1, but given that Tamadoge has so many more tokens, it is highly unlikely that this happens – the rate at which Tamadoge would need to
Fortunately, there are some bright new altcoins that do have the potential to make larger gains, given their relative sizes.
TAMA – the new Shiba Inu?
The Tamadoge ecosystem has been steadily developing and releasing their product line after having successfully raised $19m at their presale.
Thus far, the team have released two NFT collections and will shortly be releasing their first game.
The price of the Tamadoge token is also performing well, and briefly became one of the largest meme tokens in the entire space by market cap.
Since then, the price has retraced somewhat, but as bullish sentiment returns to the market the price of TAMA will likely perform well. Unlike tokens such as Shiba Inu (SHIB), the Tamadoge ecosystem offers far more utility than just as a speculative vehicle.
D2T
Dash 2 Trade is a crypto signals and trading platform that aims to position itself as the “Bloomberg terminal of crypto”, except without the extortionate fees of $30,000/year.
Over the course of the last few weeks, the team at Dash 2 Trade have been conducting their presale of the D2T token, and have now managed to raise $8.4m. There are hardly any tokens left in the penultimate stage of their presale before the token price rises to $0.0533 from $0.05133.
IMPT
The Impact Project is a new cryptocurrency that has a strong focus on sustainable development.
By shopping through their shopping platform, users can earn IMPT as cash back rewards for their spending. All brands that are available through the platform (and there are now over 25,000, including industry giants such as Microsoft and River Island) have been heavily vetted to make sure that they are ESG friendly.
In this way, a consumer is rewarded for spending with companies that are better for the environment, and companies are incentivised to go green in order to compete for consumers.
RIA
Calvaria is a brand new play to earn game in which players can curate their own teams and battle against each other to earn play to earn rewards.
In addition to this, token holders can choose the direction of the project moving forward as a part of the Calvaria DAO – RIA isn’t only used for the in-game currency but also as a governance token for the ecosystem.
Whilst more established projects like Shiba Inu may now have reached their peak, newcomers such as Calvaria promise to offer far more utility and entertainment to the space moving forward.
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