Investors working with a limited budget are looking for cryptocurrencies with more upside potential than meme-based assets like Shiba Inu (SHIB). Two projects offering better prospects based on structure and market interest are Solana (SOL) and Rexas Finance (RXS). These tokens show signs of development, real utility, and increasing investor participation. Here’s how they compare to SHIB in terms of performance, structure, and market relevance.
Shiba Inu (SHIB) Lacks Technical Support and Faces Development Concerns
Shiba Inu has been around for quite some time now, and it is one of the most popular meme coins, but the coin rarely got the boost it needed. Currently, the RSI is below the 45 level, indicating that the bulls’ demand is low, while daily volatility has declined. They found that previous spikes in prices were not associated with new products or actual enhancements but were spurred by social media posts. As of now, the project is not releasing new features, and the supporting ecosystem is not growing. Despite having a firm following in the market, SHIB faces the problem of a lack of new updates, which reduces its future prospects. This is another issue because there is no participation of institutions involved in the risk factors. If it does not bring new incentives or features to the table, new investors no longer care about SHIB.
Compared to SOL and RXS, SHIB offers little innovation or value-based growth. For those investing small amounts, projects with stronger fundamentals and active development may offer better chances for returns.
Solana (SOL) Shows Signs of Recovery but Faces Resistance
Solana is still trading at $118.96, levitating slightly above the crucial price range of $113-$116. This leaves it easily breaking out above $121 and targeting $126. However, this level has been a strong resistance zone that has slowed down the price movement until it left it. It seems that the technical indicators are regaining slowly after deteriorating for the past couple of weeks. Currently the RSI is at 44.73 levels, and MACD has initiated a bullish signal. Despite this, SOL trades below its 50-day, 100-day, and 200-day exponential moving averages, all of which could act as resistance. Additionally, macroeconomic concerns such as U.S. tariffs and uncertain global conditions continue to weigh on sentiment. There is also the
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Author: Adrian Barkley
