When we talk about the initiation of crypto trading and the coming together of the crypto market, we usually point towards the flagship cryptocurrency, Bitcoin, which started it all. Back in the day, it was only Bitcoin, the only cryptocurrency and digital asset having the most incredible digital Ledger anywhere on the planet, known as the blockchain. Bitcoin is a pioneer of decentralization and not only in the literal sense of being the only cryptocurrency in 2010. Since then, many new altcoins have been introduced into the market, such as Ether, XRP, and many others.
After the success of Bitcoin, and it provides a very decent return on investment to the investors and traders of the early crypto age, the development and introduction of new crypto tokens have become a thing. Anyone can now launch their own ICO, initial coin offering and become part of the crypto market. The token launched, however, becomes successful in the long run or not is definitely another story. Many meme tokens such as the Dogecoin and Shiba Inu have also been introduced, and they have done pretty decently over the years, but none of them even come closer to giving Bitcoin a hard time.
Bitcoin: Best Performing Crypto Asset
According to research conducted over the years, Bitcoin remains the undefeated champion in terms of offering a great return on investment or ROI. According to the latest research, Bitcoin returned investment back to the investors by a factor of 213%, which is astoundingly decent compared with every other cryptocurrency out there given the market capitalization of Bitcoin, launch date, and many other factors as well.
The crypto-token Shiba Inu was lucky enough to surpass Dogecoin in terms of market capitalization, and it has returned amazingly to its investors this year, but when it comes to predicting future returns on this crypto token, these are kind of difficult. When we take away all the pumping that token has gone through and do a market-wide analysis with the pioneers such as Ether, XRP, and Bitcoin Shiba, Inu doesn’t stand a single chance to outgrow any of these, well not in the near future at least.