Why investors are ditching SHIB and CHZ

Public Sentiments have proven to be a strong pivot in determining how a company fares in the short term. In the long run, the buildups from the short-term momentum will affect the company’s prospects in a good sense or negatively.

When public sentiments start rising against a company, it is bound to lose the trust of investors, and this ultimately spells doom for such a company.

The crypto companies are no exception. RenQ Finance is witnessing an inflow of investors who seemed to have ditched other cryptocurrencies like the SHIB and CHZ, and it is traceable to the fact that investors are gradually losing trust in them.

Shiba Inu is a decentralized meme coin that seeks to replace Dogecoin (not much utility is attached to it).

Chiliz (CHZ), meanwhile, is a blockchain/web3 platform for sports and entertainment. It was created in 2018 and has failed to become a strong project; CHZ is about 85% down from its all-time high price of $0.89 (a weak investment source at this season).

Why are investors losing trust in them and defecting to RenQ Finance? Public Sentiments! It is believed that these tokens are no longer at the cutting edge of innovation and have lost relevance.

RENQ features that make it attractive to investors.

RenQ Finance is gunning to be the leading token with its versatile utility and revolutionary features. Here are some of the highlights of the project that are compelling investors from Shiba Inu and Chiliz:

1. Unending Liquidity: The aggregation protocol of RENQ gets liquidity from numerous decentralized exchanges and distributes a single trade transaction across these DEXs in order to obtain the most competitive prices.
2. On-Chain Wallet: The RENQ Wallet is the ultimate solution for all your trading needs. It merges all Decentralized Exchanges into one convenient dApp, offering access to an extensive range of liquidity options. With the RENQ Wallet, you can easily engage in all the popular DeFi activities like swapping, farming, mining, staking, lending, borrowing, and shorting, along with additional features only available on large centralized exchanges. “The RENQ Wallet’s top-notch security ensures that all your transactions are secure and protected, and the user-friendly interface displays all relevant information with the help of RENQ Enclave, which is activated by default.“
3. Cross-Chain Swap: With RenQ Finance, users can efficiently trade their tokens while paying a very low transaction fee. The efficiency behind the RENQ Swap is that it functions as a decentralized exchange where orders are automatically executed with the aid of Smart Contracts.
4. Bridge: RENQ Bridge meets the need for a fast, secure, cheap, and dependable way of exchanging value between different blockchain networks. The networks in the DeFi space have distinct services they offer; also unique to them is their community and development ecosystem. The solution developed by RENQ allows most blockchains, e.g., the Ethereum Network, ParaChains, or Bitcoin Networks, to inter-operate without restrictions.
5. NFT Launchpad: We have witnessed the rise of NFTs in the last two years, and the demand for quality Non-Fungible Tokens will increase as the NFT market develops.

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In an attempt to keep an edge in the NFT space, RENQ’s NFT Launchpad is the first of its kind. The innovation was designed to assist projects and creators in fairly launching their NFTs on various chains based on their desires. Using the RENQ NFT Launchpad, Creators of NFT projects can develop an early community through an Initial NFT Offering (INO).

Final Words

The fact that RenQ Finance is attracting premium investors even at presale is a great welcome to the DeFi industry.

We can only look ahead to a brighter future for the performance of the RENQ token. The presale is in full swing; take advantage of this opportunity and enjoy the benefits as time unfolds.

Purchasing up to $100 worth of the tokens also qualifies you to be among the winners of the RENQ $250k giveaway.

Click Here to Buy RenQ Finance (RENQ) Tokens.

Visit the links below for more information about RenQ Finance (RENQ):

Presale: https://renq.io
Whitepaper: https://renq.io/whitepaper.pdf