Coins Next to Bitcoin (BTC)? Check Out FreeWoly (FWoly), Shiba Inu (SHIB), and Solana (SOL)
Bitcoin (BTC) has achieved a significant milestone that many following cryptocurrencies (altcoins) and networks may find hard to reach. Its unit price is also another factor that has led many crypto enthusiasts who may have missed out on Bitcoin (BTC) while it was still blue chip crypto to consider other blue chip altcoins.Talking about blue chip altcoins, these three cryptocurrencies could offer similar ROI as bitcoin someday, considering the price histories. We are talking about Solana (SOL), Shiba Inu (SHIB), and FreeWoly (FWoly). Let’s learn more about them below.
Solana (SOL) is a familiar name to many crypto enthusiasts. By just looking at the chart, you can easily spot Solana (SOL) in the top 10 cryptocurrencies list. Also, Solana (SOL) is a newsworthy cryptocurrency, which has added to its popularity in the DeFi space.
Solana, as a network, is dubbed an Ethereum-killer because of its large throughput size and faster speed of confirming transactions. This advantage of Solana has made it very relevant in the DeFi space, especially to developers who may have faced some levels of frustration on the Ethereum network.
While developers still await Ethereum’s proposed merger between its mainnet and the beacon chain, the DeFi ecosystem must expand with Ethereum alternatives. This is where Solana has been very resourceful.
Talking about the price history of Solana (SOL), the coin has accumulated more than 17,611% ROI since its introduction to the public in May 2020. So anyone who bought 100 USD worth of $SOL while at its lowest price of 0.5052 USD in 2020 will be hodling about 13,135 USD [all-time high price considered].
Source: Amjith S / Unsplash
What makes Shiba Inu (SHIB) a blue chip crypto?
Shiba Inu (SHIB) is a meme coin that has broken many price levels to become a top-ranking cryptocurrency in the charts. At the time of writing, Shiba Inu (SHIB) has already graduated from being a normal meme coin to a utility meme coin – and not many meme coins can boast of this feat.
Shiba Inu (SHIB) was just launched in 2020 but has attained a height that many Ethereum killers could not attain. $SHIB also has a large community backing of more than 1 million members called the “ShibArmy” who have continued to regulate its market and propose innovations that keep progressing the “Dogecoin killer.” This tells us more about the potential of Shiba Inu (SHIB).
$SHIB’s price history confirms a return on investment worth more than 702,772% — way more than $SOL and BNB’s ROIs combined. If you had bought $SHIB in 2020, your portfolio should be overflowing at its all-time high in October 2021.
A newcomer with the Midas touch
We’ve seen $SHIB and $SOL, but there is new potential in the block: FreeWoly (FWoly) — a utility meme coin on the Binance Smart Chain (BSC) network. BSC has a track record of powering next-gen protocols and cryptocurrencies, being one of the leading smart contracts networks in the industry too.
FreeWoly is a GameFi protocol powered by the $FWoly (FWoly) token. It looks to provide enthusiasts with fun-filled experiences on the internet with its play-to-earn offering which allows users to earn $FWoly coins while they progress in the game.
FreeWoly will first run a live presale with its pre-mined tokens. You can participate in the presale using $ETH, $BNB/BSC, USDT [TRC-20 and ERC-20], BTC, LTC, and XRP.
Buyers of the $FWoly token (FWoly) get additional bonuses that stack up as they continue patronizing the ecosystem via presale.
For instance, signing up to the platform and making your first purchase regardless of the altcoin used earns you up to 6% instant cashback. When you buy $FWoly with any of the aforementioned cryptocurrencies you can earn up to a 14% cashback bonus which also stacks up the more you buy.