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I just came across a new project called PROTOCOL X. They are launching with their own dex. Could be the next big thing. [Doxxed] [Audit in progress]
Is PlatinX Crypto better than Doge and Shiba Inu?
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When looking at teams plans and partnerships (MDB and EGO both performing exceptionaly well) I think investing in PTX could be a good long term move 😎😎
Post is by: imartisharma and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/tov0wo/is_platinx_crypto_better_than_doge_and_shiba_inu/ PlatinX Crypto has been making waves since its launch in 2022. PTX is performing better than other crypto assets. Is PlatinX Crypto better than Doge and Shiba Inu? Let us discuss here. **What is PlatinX Crypto?** PlatinX is FinTech company that is behind PTX. The mission of PTX is to compete with traditional financial methods in the delivery of financial services. PTX utilises BNB Blockchain technology to provide a public, open-source platform. It also utilises Peer-to-Peer methodology to operate with decentralized exchange system. All the management & issuing of transactions is carried out through the network collectively therefore PlatinX crypto is the most transparent crypto out there. Because of the design, this platform works independently and not a single person or group owns this or controls this. PlatinX is non-fungible but tradable token. You can buy, sell, swap or trade through a number of exchanges such as r/binance, r/BuyUcoin or r/vindax. **Is PlatinX Crypto better than Doge and Shiba Inu?** We will put the facts straight. After that you can decide whether r/PlatinX Crypto is better than Doge and Shiba Inu or not. Let us discuss each crypto one by one. **DogeCoin** – dogecoin is a payment system that was started as a joke. However, it gained popularity later as a legitimate investment prospect. Due to its unique witty launch, Dogecoin became famous and quickly gained a huge following. It developed its own community which is a reason for its popularity too. There were some security issues with this altcoin within a few months of its launch. In 2013 there was a security breach where Dogewallet was hacked. In this the hacker modified the platform’s system to send coins to a static wallet address. Due to the hack many investors lost their funds. However, an online campaign called as ‘SaveDogmas’ was started to help people recover their lost funds. Fun experiment – Because of its start as memecoin and the high volatility surrounding it, experts suggest it to enjoy it as fun experiment only. You cannot be sure of its long term value. ​ |Pros||Cons| |:-|:-|:-| | Growing Community || No supply cap | | Easy Transaction || Lacking Technical Support| | Decentralize Exchange capability || Lacking utilities of transactional currency | **Shiba Inu** – Shiba Inu is a token that was launched as a satire to Dogecoin. Shiba Inu is a decentralized protocol that is used to send/receive money globally. Unlike Dogecoin which uses Scrypt Algorithm, Shiba Inu runs on Ethereum network as an ERC20 Token. Its supply is also intentionally abundant. This memecoin gained popularity quickly because of witty website and tweets from business personalities such as Vitalik Buterin and Elon Musk. It also gained a big community following and those investors who missed the Dogecoin jump swarmed here. Although it gained huge popularity Shiba Inu is still termed as pump and dump scheme. Let us discuss the pros and cons of Shiba Inu ​ |Pros|| Cons| |:-|:-|:-| | Growing Community || Extreme Volatility | | Shibaswap (decentralized exchange) || Lacking Utility | | Interaction with DeFi projects on Ethereum || Not an independent Blockchain| ​ **Conclusion** Both memecoins have gained lots of popularity and a huge community following. Still every expert warns investors to invest in them cautiously as they have showed huge volatility. Also many termed them as a fun thing to pass away quickly. Once the interest dies down both crypto assets would tumble and may even fade away. While on the other hand PlatinX has solid structure, technological advancements and a vision to bridge the gap in the delivery of the services. PlatinX is also growing organically which means lesser volatility in comparison to Doge & Shiba Inu. Although still in its nascent stage, PlatinX has crossed many milestones. You can buy PlatinX from BuyUcoin, VinDAX and Binance. With many more listings to come, PlatinX would definitely rule the market one day. Hope now you got the answer for is PlatinX crypto better than Doge and Shiba Inu? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*