Shiba Inu Price Prediction: SHIB Might Flip BNB as the Top Altcoin to Buy for Big Profits

Shiba Inu price experts maintain their bullish prediction that the meme coins' next rally could offer more percentage growth than BNB’s recent surge. This prediction, although bullish, is doing little to stop meme coin investors from joining PayDax Protocol, a novel ecosystem that brings robust lending services to the DeFi sector. 

Nearly $1 million has been raised in PayDax’s presale, and investors say it is the next top altcoin to buy. Here’s why investors are more bullish on PDP than SHIB.

Shiba Inu Price Prediction: Investors are divided over a Shiba Inu rebound

Shiba Inu holders are divided over what the token’s recent on-chain signals might indicate. Shiba Inu’s recent range-bound trading has been in contrast to the general market. Yet, some have remained optimistic, looking at its recent whale activity and transaction count as a sign of a possible bull run that could help SHIB outperform BNB.

As of this writing, SHIB’s value stood at $0.00001206, following a 3.54% drop over the past week. SHIB’s 30-day price charts also show a 6.83% drop. Many investors are confident that Shiba Inu’s rebound is on the horizon. Already, whale activity has risen over the past two weeks amid Shiba Inu’s range-bound trading, which goes as far back as September 23. 

Shiba Inu could also benefit from the likely meme coin rally, which could follow the next interest rate cuts. This could see SHIB’s value surge parabolically, especially after many weeks of stagnation. Despite the bullish Shiba Inu price prediction that SHIB might offer higher percentage returns than BNB in the coming weeks, investors remain hawkish.

PayDax: Powering Decentralized Banking with P2P Lending

PayDax Protocol (PDP) is a new crypto ecosystem that aims to deliver a full suite of decentralized banking tools built for reliability. With competitive loans reaching up to a 97% LTV ratio on crypto and tokenized real-world assets, PayDax is positioning to become the go-to DeFi lending and borrowing ecosystem. 

The network focuses on fixing the liquidity shortfall that has long dogged the crypto sector, and it does so through a robust ecosystem where peer-to-peer participation is rewarded. PayDax rewards lenders with up to 15.2% APY for the risk incurred when providing stablecoin loans. It also provides protection via a Redemption Pool used to cover defaults, ensuring that lenders are repaid on time, every time.

PayDax’s Redemption Pool provides security while offering its stakers a high 20% APY for underwriting loans in the ecosystem. For passive income seekers, PayDax offers protocol staking where participants can earn up to 6% APY alongside governance benefits. There is also advanced yield farming for users with higher risk appetites. Here, participants can earn up to 41.2% APY.

How PayDax’s Partnerships are Fueling Trust

One standout feature of the PayDax ecosystem is how it partners with industry-leading firms to offer the best lending and borrowing experience. Firstly, PayDax partners with Sotheby’s and Brink to provide an easy custody solution for collateralized assets. The network also provides precise real-time pricing, which is powered by Chainlink’s data oracles. 

As for smart contract safety, PayDax has been audited by DeFi Assure. Another factor that has boosted PayDax’s investor sentiment is the fully doxxed status of its team as part of its policy of 100% transparency. The factors above have further driven investors to PayDax’s ongoing presale, which is still in its first stage.

Why Investors Say PayDax could Become the Next Top Altcoin Buy

Bitcoin’s return to $120,000 has sparked bullish excitement for Q4, and investors are tuning in. Although the Shiba Inu price prediction has turned green, investors are paying more attention to PayDax’s ongoing presale.

Having raised over $980,000 in token sales, PayDax’s ICO continues to attract attention. Priced at $0.015, this low price is a heavily discounted opportunity to join what might become one of the fastest-growing DeFi ecosystems. Additionally, signing up today will help investors secure a 25% bonus using the PD25BONUS code. Sign up today to secure a spot in PayDax’s ecosystem.

Join the Paydax Protocol (PDP) presale and community:

Website: https://pdprotocol.com/

Telegram: https://t.me/PaydaxCommunity

X (Twitter): https://x.com/Paydaxofficial

Whitepaper: https://paydax.gitbook.io/paydax-whitepaper