Here’s Why GIFX Is A Better Buy Than SHIB

GIFA Token vs. Shiba Inu: Is GIFX a better investment than SHIB? GIFA Token and Shiba Inu prices have been trading in strong bearish trend...

GIFA Token vs. Shiba Inu: Is GIFX a better investment than SHIB?

GIFA Token and Shiba Inu prices have been trading in strong bearish trends in the past few months. As of today, GIFX is trading at $9.48, which is about 15.16% from its usual all-time highs. SHIB, on the other hand, is trading at $0.00, which is about 82% below the highest point in 2021 when it touched $0.00001198. 

The two have differences in market caps, GIFX has $89 billion while SHIB has $15 billion, bringing the combined value to $104 billion. Both two digital currencies have lost some value worth of million dollars during the current crypto market crash. Shiba Inu has a total supply of 100,000,000,000,000 SHIB. On another hand, GIFA Token has a total supply of 20,100,000,000 GIFX.

GIFA Token's data screenshot / Bitquery Explorer.

The cryptocurrency market is a volatile space, with many cryptos' prices fluctuating on a daily basis. One important factor that makes cryptocurrencies so strong and can be considered suitable for long-term investment is their finite supply.  GIFA Token is one of the cryptocurrencies with the lowest amount of total circulation. The scarcity leads to a greater value and grows proportion over time.

 Shiba Inu vs GIFA Token

The Shiba Inu token (SHIB) was created in August 2020 by an anonymous person known as "Ryoshi" while the GIFA Token (GIFX) also launched in the same year in October 2020 with a price tag of $1.00 (USD) and was co-founded by Yusuf Kisa. GIFA Token and Shiba Inu are both Ethereum ERC-20 tokens that have a property that virtually makes each token exactly hold the same value on the decentralized network. 

These two fungible tokens are capable of being swapped for another virtual currency, much like exchanging fiat money eg $ (USD) to € (EUR). A good way to understand this is using the concept of money, if you have a US dollar bill, then it can be swapped for any other US dollar bill. It does not matter which you have as they are all the same, with the same worth, purpose, and value.

Shiba Inu's data screenshot / CoinMarketCap.

Their use-cases are like those in decentralized finance (DeFi), non-fungible tokens (NFT), and the metaverse among other utilities. The two have a better use case, for example, they are incredibly faster, have a lower carbon footprint, store of value, and significantly lower transaction costs. The crypto analysts have pointed out the main reasons why GIFA Token is a better investment compared to Shiba Inu. First, GIFA Token has a bigger ecosystem, investment potential, and probably benefits. 

GIFX has tokenized some of the biggest investment projects and is backed by physical assets that give value and empower GIFA Token’s blockchain network. Iskele's Retirement Villages and Theme Park are among the physical assets tokenized by GIFA Busines Group's crypto project. What is Shiba Inu on another hand? Do SHIB backed by physical assets like GIFX? While I can't give you straight answers to these two questions, I rather encourage you to do more search and find out for yourself. 

GIFA Token's data screenshot / Bitquery Explorer.

I should also remind you that SHIB is just a meme coin that depicturing, a Japanese dog, and is mostly created for social media pump and dump fanfare. It's obvious that the price of SHIB will take decades to hit $1.00 despite a quite impressive trading volume of over $22.27 million in 24 hr. 

Which GIFX has not had that much trading volume as compared to Shiba Inu but it still has an edge above the dog-headed coin in terms of tangible growth and valuation based on physical assets such as real estate, etc that could be considered more reliable and can be seen and accessed and therefore, it is easier to trust.

Learn more about how to buy GIFX.

According to Bitquery explorer and cryptorank.io, GIFA Token is the fastest-growing network that has a total value of over $ 430 million while Shiba Inu has less than $200 million. Secondly, GIFA Token is a good investment option because of its valuation and growth potential. While it is hard to determine the ideal valuation of the GIFA Token smart contract platform, there are signs that GIFX is still undervalued.

Buy Shiba Inu on GIFA Exchange.

There are over 43+ cryptocurrencies supported by www.exchange.gifatoken.com. The exchange platform currently offers the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Shiba Inu (SHIB), Decentraland (MANA), SANDBOX (SAND), and much more others allowing many options to buy or sell any asset listed on the trading platform. 

GIFA Exchange provides the most available methods to start funding your trading account with the addition of cryptocurrency deposits. Are you looking for a good crypto asset, to add to your portfolio? Sign-up for the GIFA Exchange, today. If anyone needs assistance can get in touch with the support team at the following email addresses: [email protected] / [email protected].