Is Shiba Inu Coin a better investment than Dogecoin? - page 8.

Furious 7

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Quote from: Kadal Ijo on November 08, 2021, 12:54:02 PM

I think Shiba Inu is a better coin than DOGE coin, it hasn't been a year yet but Shiba Inu is already in the top 10 and this makes me sure that Shiba will be in the top 5 soon and can last a long time.

It's only because of the hype meme trend that shiba inu can rise faster and market capitalists can beat Doge who became the first meme coin.
How did the meme hype end? Of course it will fall behind and the price will drop I don't think it will last but every altcoin is still in season, so now it's time for memes to become a trend everywhere with so many meme coins popping up, but in the end a lot of scams too.

riskarcher

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Quote from: wajik-tempe on November 08, 2021, 12:57:41 PM

Quote from: Kadal Ijo on November 08, 2021, 12:54:02 PM

I think Shiba Inu is a better coin than DOGE coin, it hasn't been a year yet but Shiba Inu is already in the top 10 and this makes me sure that Shiba will be in the top 5 soon and can last a long time.

I think there is no better of each two coins because both are mems coins and both are pumped by one person which is elon musk.
So this 2 coins is just rely on the hype, there are no functional features that could sustain these coins from bad news in the future, once those coins are down, it's hard to wait it to recover until someone who have big power pump it again.
So both are just for quick profit speculation investment not for long term hold investment.

Shiba Inu has become a coin that has fundamentals compared to the Doge coin, that's the reason why the price of the Shiba Inu coin has increased. potentially long term shiba inu is better than doge coin, because it has blockchain features under development such as ShibaSwap, Shibastaking, and shibaExchange with excellent future plans without the need for tweets from Elon Musk

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Quote from: kak uli on November 08, 2021, 05:45:57 AM

Quote from: tarable on October 29, 2021, 04:43:53 AM

Quote from: kak uli on October 29, 2021, 04:32:26 AM

although it is still said to be a memecoin but I see in practice it is also very successful my friend, just look at it since it was published by binance the price of the Shiba inu has increased beyond the previous price, I think with the increase in the price of the shiba inu, what you say will be refuted.

No one can deny that the Shiba Inu has reaped its new ATH this month and especially this year, but people sometimes get carried away by this and forget about the potential dumping on the Shiba Inu itself at times that no one knows, because Coins with a very high supply will always have a hard time staying at a good price.

I don't think anyone knew if the shiba inu would be valued as high as it is now. however ATH Shiba inu relies heavily on the support of the large community owned by shiba inu, including support from Binance itself and support from shiba inu investors so that it survives at a good price as it is today

You sound like no other meme coin can do better than shiba inu because of its strong community, well if shiba can make it this far then any new coin can do the same thing, it seems like all crypto investors just prefer meme coins more than others

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Quote from: ene1980 on November 08, 2021, 12:14:22 PM

Quote from: darmin on November 08, 2021, 12:03:25 PM

Doge and shiba are great because of the community. See the progress of the doge since its appearance until this. This coin has even become a consideration itself with other cryptocurrencies. Who is superior? For me, they both have the same basis. Shiba may still be fairly new, but the market capital of shiba is able to surpass the doge. So having both for investment would be better.

Right now the hype is there for Shiba and there are many investors who jumped on in the opportunity especially who missed the Bitcoin rally or the Dogecoin rally and they are making a fortune. With the unlimited coins in existence it is not a big surprise that the market capital has surprised even Dogecoin but lets see whether it will survive the next couple of years and then we can compare them to Dogecoin.

More on trying if luck will give them that lost chance when Bitcoin and Doge are hyping, knowing the mindsets of people who love in riding with the fame, any alts that come out with hypes behind it will gain attentions, come to think about squid coin that scam project runaway a huge amount of money, people fomoing to buy that coin. Cool

Look unrealistic but it's happening inside this market, we can't tell if Shiba will be better since doge still standing strong even the hypes are already faded. Tongue

wajik-tempe

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Quote from: Kadal Ijo on November 08, 2021, 12:54:02 PM

I think Shiba Inu is a better coin than DOGE coin, it hasn't been a year yet but Shiba Inu is already in the top 10 and this makes me sure that Shiba will be in the top 5 soon and can last a long time.

I think there is no better of each two coins because both are mems coins and both are pumped by one person which is elon musk.
So this 2 coins is just rely on the hype, there are no functional features that could sustain these coins from bad news in the future, once those coins are down, it's hard to wait it to recover until someone who have big power pump it again.
So both are just for quick profit speculation investment not for long term hold investment.

Kadal Ijo

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I think Shiba Inu is a better coin than DOGE coin, it hasn't been a year yet but Shiba Inu is already in the top 10 and this makes me sure that Shiba will be in the top 5 soon and can last a long time.

Gozie51

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Quote from: Novice08091 on October 10, 2021, 04:21:05 PM

And they probably won’t be around in the next 10 years.

Dogecoin is one meme coin with dogged attitude and lucky to be loved by Elon musk. It has almost existed 10 years on its own before the media hype by Elon musk and it got a high level recognition now. Elon musk has not stopped hyping dogecoin even recently it is making statement about using doge as payment for his Tesla. So I believe it has better chance not for 10 years future existence but for money in the bank for investors and hodlers.

ene1980

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Quote from: darmin on November 08, 2021, 12:03:25 PM

Doge and shiba are great because of the community. See the progress of the doge since its appearance until this. This coin has even become a consideration itself with other cryptocurrencies. Who is superior? For me, they both have the same basis. Shiba may still be fairly new, but the market capital of shiba is able to surpass the doge. So having both for investment would be better.

Right now the hype is there for Shiba and there are many investors who jumped on in the opportunity especially who missed the Bitcoin rally or the Dogecoin rally and they are making a fortune. With the unlimited coins in existence it is not a big surprise that the market capital has surprised even Dogecoin but lets see whether it will survive the next couple of years and then we can compare them to Dogecoin.

darmin

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Doge and shiba are great because of the community. See the progress of the doge since its appearance until this. This coin has even become a consideration itself with other cryptocurrencies. Who is superior? For me, they both have the same basis. Shiba may still be fairly new, but the market capital of shiba is able to surpass the doge. So having both for investment would be better.

giammangiato

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Quote from: ReiMomo on October 28, 2021, 01:48:33 PM

Quote from: Koro-Sensei on October 28, 2021, 12:16:00 PM

Right now it is. They said that they are now a DeFi token and not a meme coin anymore. They build shibaswap which is a decentralized exchange and already performing well. Aside from that, lots of things are happening in Europe countries as well as some establishments said that they will accept Shiba as payments. Unlike Doge that has nothing but whales.

What happened yesterday to Shiba Inu. It just spiked up to more than 70% unlike other days and now travelling good. Could see it as a 2nd ATH of Shiba Inu. The trading volume is too high on all exchanges especially in recent days. I have some Shiba Inu and happy to hold them for a long term. I am sure Its going to yield a good profit in future.

I am buying them, little by little, without haste, I will try to keep them for the long term to experiment, I am curious to see if it will be able to overcome dogecoin, I do not expect special profits but I think it will give satisfaction
today https://coinmarketcap.com/it/currencies/shiba-inu/

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Quote from: letyouearn on November 03, 2021, 06:17:06 PM

Shiba is a clone - secondary project if we compare it with Doge. Dogecoin is more predictable I think - it will hardly die in the nearest 5 years. And it's being pumped from time to time - so we can use this behaviour Wink

I also think that the Shiba inu is a coin forced to evolve. what i mean is, since dogecoin is already having such great success nowadays, a lot of people are feeling late with it, so these people are making Shiba inu and hype it up in hopes that they can entice people to buy shiba in bulk because the price is still low. very cheap. however, does not rule out the fact that currently many have benefited from holding shiba. however, seeing this coin looks like it's ready to drop at any moment. well, it's too risky to hold this large amount of coins.

kak uli

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Quote from: tarable on October 29, 2021, 04:43:53 AM

Quote from: kak uli on October 29, 2021, 04:32:26 AM

although it is still said to be a memecoin but I see in practice it is also very successful my friend, just look at it since it was published by binance the price of the Shiba inu has increased beyond the previous price, I think with the increase in the price of the shiba inu, what you say will be refuted.

No one can deny that the Shiba Inu has reaped its new ATH this month and especially this year, but people sometimes get carried away by this and forget about the potential dumping on the Shiba Inu itself at times that no one knows, because Coins with a very high supply will always have a hard time staying at a good price.

I don't think anyone knew if the shiba inu would be valued as high as it is now. however ATH Shiba inu relies heavily on the support of the large community owned by shiba inu, including support from Binance itself and support from shiba inu investors so that it survives at a good price as it is today

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I think dogecoin is better because for sure it will stay longer in crypto market. Shiba inu is just new and if it is also a hypecoin , I don't think if it will stay in crypto market for so long. Just ride on the current fire on shiba but don't invest too much to avoid huge losses if there is a massive dump. I also invested in shiba inu but just a little.

Ozero

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Quote from: letyouearn on November 03, 2021, 06:17:06 PM

Shiba is a clone - secondary project if we compare it with Doge. Dogecoin is more predictable I think - it will hardly die in the nearest 5 years. And it's being pumped from time to time - so we can use this behaviour Wink

Precisely because in the creation of the SHIBA coin, in my opinion, they wanted to have a certain part of the popularity of Dogecoin and therefore this coin is indeed actually a clone of Dogecoin, it is unlikely to ever reach its popularity.
But the more meme coins we have, the greater the risk that something negative can happen to them, which will also boomerang other similar coins. If Dogecoin existed for a long time before that in splendid isolation, little noticed, then in a close circle of other meme coins and the presence of hyped popularity, it, like all meme coins, has more chances to leave this market.

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Quote from: Rufsilf on November 05, 2021, 12:56:33 AM

Quote from: tulusikhlas on October 10, 2021, 04:41:18 PM

For now after achieving ATH from Doge, it looks hard to get up and give a quick profit. As for Shiba you can still have a few percent profit that can be utilized from the ongoing Hype. But you also have to be careful if you play fire with meme coins. Because all levels of dump and pump are relatively very fast. Use the profit calculation according to your expectations and avoid market greed.

I'm with you mate, dogecoin now makes more sense than Shiba Inu and can give you returns but not big as you think than other coins ofcourse. This particular memecoin called dogecoin isn't gonna make its status now if not because of Elon Musk, that's why it's hyped and reached all-time high due to Elon's successive commitment and tweets regarding dogecoin.

Now, I would be lying if I told you that I don't have it in my portfolio. But, I only hold it for certain reasons and I'll sell it eventually when the value reaches my goal.

Good luck to that, I hope you bought it cheap because I don't know if Doge would still pump after it has pumped consecutive times in the past. Judging by the price movement of DOGE, look like the hype is over and one day it will just dump and go back to its cheap price, that's the worst scenario so maybe try to see that possibility so you'll make the right strategy in case an abrupt dump would happen.

Rufsilf

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Quote from: tulusikhlas on October 10, 2021, 04:41:18 PM

For now after achieving ATH from Doge, it looks hard to get up and give a quick profit. As for Shiba you can still have a few percent profit that can be utilized from the ongoing Hype. But you also have to be careful if you play fire with meme coins. Because all levels of dump and pump are relatively very fast. Use the profit calculation according to your expectations and avoid market greed.

I'm with you mate, dogecoin now makes more sense than Shiba Inu and can give you returns but not big as you think than other coins ofcourse. This particular memecoin called dogecoin isn't gonna make its status now if not because of Elon Musk, that's why it's hyped and reached all-time high due to Elon's successive commitment and tweets regarding dogecoin.

Now, I would be lying if I told you that I don't have it in my portfolio. But, I only hold it for certain reasons and I'll sell it eventually when the value reaches my goal.

Snappycoco

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Quote from: Novice08091 on October 10, 2021, 04:21:05 PM

Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best.
I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.

These projects are just backed by hypes which will fade away as time goes by. I don't think that their Marketcaps is sustainable and I believe that their downfall will be hard for those who bought at top. Doge having an unlimited supply is a no brainer investment. Aside from having no utility, it is only backed by Elon Musk and nothing else. Shiba Inu in the other hand is now becoming a DeFi token but who would use these platforms if they cant compete the top tier DeFi projects.

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Quote from: Hovarda on November 04, 2021, 12:27:28 AM

I think SHIB is definitely not a good investment for now. Maybe it can increase its price in the short term, but it needs a nice price correction. If I had to choose one of the two, I would choose DOGE.

SHIB and Doge are actually coins with the same criteria, where some time ago SHIB impressed with a pretty good increase, but is currently experiencing a fairly high correction, this week it is Doge that has increased.

it seems that these two coins are constantly moving with each other to compete for investors who make them continue to move up. but indeed Doge is more profitable because the price is quite good compared to SHIB which is still looking for the best price.

I think what you say if you are asked to choose both, it is clear what you say is true, that you still choose Doge over SHIB. if indeed that is the choice, but if it is for investment, it is clear that both cannot be relied on.

Quote from: ?? on ??

Dogecoin is still in the top 10 circle as a very good cryptocurrency even though it's only memecoin, but for Shiba Inu at this point he's back out of the top 10 circle where with a drop of almost 15% already put him in 11th position, so Shiba just to just not for the long term.

That's right, this week's Doge is quite good and made a pretty good price increase so that until now it is still in the top 10 position on CMC/CG and of course it is very good if we compare it with SHIB.

but I don't agree that Doge is a very good investment compared to SHIB, because both are meme coins and too risky to be a long term investment.
both of them are not feasible until now to be used as long-term investments because the risk carried is quite large, because at any time there will be a very deep correction.

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Quote from: Novice08091 on October 10, 2021, 04:21:05 PM

Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best.
I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.

What is the valid use of this coin aside from being a Manipulating tools of Elon Musk? i see no future for this and any time will be dumped and that is what I am afraid of, actually our group of friends plans investing in this but our doubt is there as we have no assurance if the price will continue to grow.

https://coinmarketcap.com/currencies/shiba-inu/

Look at it now while market is climbing , This meme coin is continues to fall badly.

Hovarda

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I think SHIB is definitely not a good investment for now. Maybe it can increase its price in the short term, but it needs a nice price correction. If I had to choose one of the two, I would choose DOGE.

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