Topic: Battle of supremacy between Dogecoin and Shiba Inu - page 5. (Read 558 times)
Both of them are meme coins. Investing in those coins come with a very big risk. A risk so huge that it might wipe away everything you invested. Dogecoin went up as soon as Elon started showing support for that coin. The price of dogecoin is still high and hasn't crashed back to its previous lows because the dogecoin community is too big and strong. On the other hand, Shiba Inu, another meme coin started to gain popularity (out of trend/hype) and the community is growing. Shib has its own DEX and has some use case, though offering nothing new. And if you go to their reddit thread, you will see people just talking about holding and getting rich. So you know what's going to happen when the price go up... people are going to dump it to collect their profit. So if you are willing to take the risk of losing everything, you can try investing in those meme coins.
Do you see how ridiculous the title is?
If this is what cryptos have devolved into, a battle of memecoins, then it offers no value whatsoever.
Both of these cater to a particular niche of speculators but has no long term value. If you want to buy into it with the expectation of short run profits, sure, but in the long run you can kiss your money goodbye.
If this is what cryptos have devolved into, a battle of memecoins, then it offers no value whatsoever.
Both of these cater to a particular niche of speculators but has no long term value. If you want to buy into it with the expectation of short run profits, sure, but in the long run you can kiss your money goodbye.
I don't think there is any battle between dogecoin and Shiba Inu, regardless if the two crypto-currency has a resemblance with the dog logo, I think dogecoin which was shot into space by the billionaire Elon musk influence, and them became one of the biggest crypto-currency regret of 2021 to those who didn't buy it, Shiba Inu honestly shared from the success of dogecoin, because those who had that regret this year, thinking of the resemblance between dogecoin and Shiba Inu, started to get more Shiba Inu because of the future uncertainty of what the crypto-currency would do, I don't have any Shiba or dogecoin, but dogecoin is Among five alt-coins I would get when I decide to get some alt-coins.
I like Dogecoin and honestly one that I've been suggesting to buy before Elon intervened. When Elon gets in, I'm done liking it and that seems to be the thing that made Dogecoin pumped and I don't think about it anymore.
Shiba Inu isn't really a good coin for me but if you guys have been making money on it, do not forget to take your profits while both of them are soaring and pumping, thanks to the influence of these celebrities.
Shiba Inu isn't really a good coin for me but if you guys have been making money on it, do not forget to take your profits while both of them are soaring and pumping, thanks to the influence of these celebrities.
Shiba Inu and dogecoin which is your most preferred choice for investment?
I won't even pick one from both. Both have not utility usage although shiba was a token and it can be given utility usage but both were meme coins that fully controlled by the whales. The doge coin didn't have a healthy growth in the past. The coins got centralized into the several wallets. The biggest wallet maybe owned by the big whales who have been spending billions of money to buy doge coin from the market. Shiba community and doge community were in the battle to proves that who will become the rel doge coin. This battle gonna be a long term battle. Shiba was getting dumped again after it was flying to the moon. The meme tokens will always have the same pattern. Doge might still superior over shiba inu as the marketcap of doge coin was still above shiba inu.
The major connections between dogecoin and Shiba Inu are the fact that they are both memes coins and have almost the same investors and supporters, and we have seen how the activities of these investors have affected the growth of both coins within this year one of those investors Is Elon Musk who tweets have turned the markets in different directions. Shiba Inu is presently up to almost 380% within the last few weeks and also saw dogecoin did a similar price hike in the previous month which have proven to the fact that both coins have been on a contesting mood in this altcoin season between Shiba Inu and dogecoin which is your most preferred choice for investment?
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