Topic: What you guys think is Shiba Inu Coin a better investment than Dogecoin? - page 2. (Read 279 times)

I have been around way before ICO period as well, and there are coins from that period, and I have seen ICO period as well and there are some coins from that period as well, I have seen IEO projects become something and now NFT is something and people doubt that it will go on but I say a few will, surely it won't be hyped like today but it will be there. ADA was a ICO project if I am not wrong, after nearly 3 years it reached to 3rd place, THAT'S what meme coins potential is.

Look at Doge, it was literally nothing for years, nobody cared about it at all, and then one day it reached to all time high and nearly 70 cents each. I am not saying Shiba will do the same, it is near impossible for it to be that high, and I believe that Shiba will go down, however the argument against it is not that hype will die down, because even if the general hype dies, few projects could still stand.

Memecoins arent bad to invest but with real use case? I dont give a damn with that.Everything that is driven with hype would eventually comes down even Doge is a meme coin then i dont consider any other meme coins in the market which is better than this one.

So if you do touch up SHIB then its your choice and as long you do know the risk then its your call whether you do invest or not.Im not saying it cant be profitable but the risk is high.

Anytime its price could really go down once the hype or interest is over in the community.So be wise on making your actions.

No one can predict the course of a coin if influential people have spoken. just like Dogecoin.was exposed years ago, this coin is underrated. but what happens now? everyone wants to have it. so is the case with Shiba. who will know about the fate of this coin

shiba and doge both are meme but their holding community is just as strong ,shiba is like his sister dogecoin ! who would have to known that shiba could hit prices at similar to dogecoin last ATH later the future might be crazy ! 10 years in the future if there are still people using it then shiba and doge are still in this crypto

what you said is true. In the future, we don't know whether this coin is still around or not considering that the increase that happened really made people suspicious.
however, i have the same view between shiba and doge. however, if it's more profitable for now, it looks like it's shiba. Doge coin currently has a high price, so it is very risky to have it in large quantities. however, for shiba, even for a few bucks, you can get a lot of it. however, the days of doge holder profits are past. however, I don't know with shiba. as I said, this coin carries the same amount of risk. however, considering shiba and doge, I might tend to go for doge for the long term, and shiba for the short term. however, the risk is that Doge dumps to its initial price, and the shiba becomes a worthless coin.

If we were to say today that the Shiba Inu will lose out in circulation a year or two in the future, probably a lot of people wouldn't believe this. Because currently the token meme trend, especially Shiba Inu. But if in the next two years the trend has changed, then this meme token is just a memory. Before the emergence of STOs, IEOs, even now NFTs, the first to appear were ICOs. I saw that almost most of the projects hit hard cap, and now ICOs are starting to be doubted after the trend of IEO and NFT.
Maybe in the next two years there will be crypto using only our real names, and some coins appearing in the blockchain, as NFT is now. Maybe if that happens, the names Vitalik, Elon Musk, Justin Sun have wallets with large balances. Crypto is just a combination of program codes to be unique, so it is very possible that it happened.
Then what happened to the meme token at that time?
Dogecoin has contributed greatly to blockchain, mining and exchanges. Most of the Dogecoins are just thrown away without them caring about the private key. I'm not a great investor, but I wasted Dogecoin too.
This means that Dogecoin has gone through various crypto market conditions, investors' love and commitment to this coin.
So, has this happened to the current meme tokens that only depend on other blockchains?
If transaction fees turn out to be high, as is the case with the current Ethereum blockchain. While the token price is much lower. Is one day the token is still worth holding it?

even almost everyone has thought of doge but maybe not for shiba.
but apart from that of course as you say they are all the same, they are coin memes which they will eventually disappear and throw away once the hype is over.
on the other hand they are a good place to double profits but not for beginners and not for a real investor.
they must be in a high level of risk and be brave in making decisions because the biggest possibility is to lose the assets we have

Shiba now has a large community as well. At the beginning of the release until not long ago shiba inu already has a large following and proved it can boost through high capitality. For the next ten years I think shiba will still be able to fly because this coin is still considered quite cheap and the goal is certainly to reach the same point as the doge.

You're wrong, doge has proven that this coin can last even if it has no real use. one of the reasons is because of the strength of the community, this is what makes the difference. the community plays an active role in maintaining the doge's position so far. and this also applies to the shiba inu. when this coin first entered the market, their community was very loyal. I believe that even without real use, the shiba inu will still last ten years. Meme coins are now taken into account and are not really just jokes.

I don't see any usefulness in Shiba Inu, and even Doge is way better because it's old and has been used for gambling for years. But I was clearly wrong before about the marketcap potential of Shiba, as I never thought it would get this close to Dogecoin. I treated it as a joke of a joke, something that cannot get as much hype as Dogecoin, but here we are with Shiba being #11... So while I don't think it's a reasonably good investment because there's nothing but hype to it, it is a way towards profit if one's willing to risk it, and maybe it will surpass Doge after all.

Dogecoin is one of the oldest coins and it is still around and will continue to exists. I can't say same thing about Shiba Inu Coin. If you need to choose between the two, i will choose Doge coin on the reason that it is being promoted by Elon Musk and he is seriously working behind the scenes to make it a better crypto currency.

Despite being called a "memecoin", beware of the community of dogecoin or shiba or any of these memecoins, if they expand and investors interested in dogecoin and shiba expands as well, they may survive for longer than we would expect, just saying that this is a possibility, if not, then these coins are expected to die as soon as the hype is over.

That's the condition for shiba inu.

It's still haven't gone through a very bloody year unlike Dogecoin that has been with many of it. Just as the same with Dogecoin, it's likely the last meme standing.

It's king of meme coins and will never get old despite a lot of new meme coins are coming out and shiba is likely next to it as per ranking.

I don't think that Shibha is a good investment than Dogecoin because Shibha is a meme coin and we can't imagine it will go to moon like a Dogecoin, Shibha coin has alreday much pumped and now Dogecoin is a good investment.

When Doge came out, everybody thought this was only a temporary phenomenon. Then it exploded in the beginning of this year. Somehow Shiba Inu is taking the same path: Currently I think it must be a hype and it can only be temporary, but who knows, maybe it will be established in the next years.

I actually think its the other way round! Dogecoin is a coin that has existed for several years and continues  to grow in popularity and usage and shiba is still the new kid on the block.

The thing with Shiba is these guys are aggressive in there marketing in terms of social media presence and this as created the hype and image of this being a viable investment and people are now forced to FOMO and buy this coin. But one good i have seen is the token burns they have introduced which will make it the meme coin to have but for now am not convinced its the best of the two.

I can't think that shiba inu is better investment than dogecoin because shiba inu has increased its price by 0 to moon but its price is looking stable in now a days and there many investors saying that its risk to invest in shiba inu. And now in dogecoin, we saw a Little dump and big pump in price and it is good choice for investment for long term.

The use case can be built easily when it can integrated with another dapps platform like defi, NFT, metaverse and many more. The problem is a meme coin like doge coin was not compatible with another blockchain like ethereum and doge users must have bridged their own coin to be converted into the token that based on smartcontract blockchain called wrapped doge coin. This will make them can access the use case of their coin to get at least a small passive income. that's quite different with shiba inu that is already built in ethereum blockchain that can compliant with another blockchain like polygon, matic and many more.
This gives more opportunity for shiba holders to farm, stake and so many things that will give them a lot of benefits.

So many people have been predicting doge coin would not even exist for more than 5 years but it's still alive right now. This is something that can't be predicted.

That's right that no of these coins have real use-cases. That's why I don't believe in their long prospects. Nevertheless, Shiba is developing some products now such as swapping platform, NFTs, its own blockchain, so we will see. I see that shiba has a big community, so as there are so many people who believe in this project, maybe it will become more fundamental then.

Dogecoin is supported by Elon Musk. For example, Dogecoin will soon receive an update supported by Elon Musk. The new Dogecoin Core 1.14.5 update is already at the finishing stage. This will bring lower fees for all network participants. Elon Musk has repeatedly expressed support for reducing Dogecoin transaction fees, which will help turn Dogecoin into a means of payment. In the future, it may have a positive impact on Doge. So maybe Dogecoin is more reliable because of such big supporters.