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Due to its unique application of blockchain technology and access to early-stage investment opportunities, RenQ Finance in particular is stirring up a lot of interest.
RenQ is becoming a superior substitute for people in place of cryptos whose values and prices are declining; People are beginning to ditch Shiba Inu and Cardano due to their continuous slump in price. Both SHIB and ADA have remained bearish (never moving up) and investors are pulling out their capital from them to invest in RenQ Finance in a bid to make amends for losses incurred from SHIB and ADA.
These competitors can only watch on as RenQ Finance picks up speed and moves up the ranks because its value offer outshines the rest.
Shiba Inu is an ERC-20 meme token that aims to be a replacement for bitcoin in cryptocurrency transactions. Its name comes from a Japanese species of hunting dog.
It was introduced in August 2020 by the Ryoshi group.
The token was created to be regulated by its users. SHIB token holders can bet their tokens to earn APY and other rewards.
Shiba Inu has failed to live up to its hype and has lost over 85% of its highest worth in the last two years making it a never moving token. Investors are making a new choice by buying RENQ tokens.
Cardano is a blockchain project that aims to build a platform for smart contracts and decentralized apps by focusing on scalability and enhanced functionality (dApps). ADA is the native asset of the Cardano blockchain, and like the great majority of other digital assets, it may be used for on-chain value transactions. The entire supply of ADA is capped at 45 billion coins.
Cardano, one of the cryptos
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