Topic: What you guys think is Shiba Inu Coin a better investment than Dogecoin? (Read 305 times)

As for now, I still couldn't expect huge from Shiba Inu, not ven from Doge. Although Dogecoin has been existed in the market for several years but can't just see it increase its value (not that shilling matter made by Elon). But for sure this project will remain as many traders are still able to use this. But to know that they are meme coins, that something it gives us the doubts.

Well, it has to know that it still matters how we manage them. In fact, many investors have been in huge profit investing these projects during the hype, they are in perfect timing. Thus, if we could still afford to take the risk out from them, that was our choice either.

Knowing they are both meme coins, most likely they will have the same future.  But for now, since there is still a huge community supporting them, they will still be profitable and will continue to attract investors. Particularly for dogecoin, because its the first meme coin that creates much hype and Shiba Inu is only a parody of it.

Maybe investing at the moment will never be that bad but if we tend to hold them for long term, that's when i strongly disagree because they will never sustain their high value in the future because they have no real utility case that will keep people to support them.

Shib already has a very strong community, which creates new opportunities for the coin. Also big investors put money in this asset, which can be considered as more fundamental interest.


Doge exists since 2013, which means it is more than 10 years old already. A lot of coins, which now considered to be perspective and worth investing in can`t boast the same time on the market. So we should see meme coins not only as a hype anymore, they are becoming a special market niche.

I guess next 10 years would be too far away to speculate about these "just memecoins". But, we could expect anyone of these coin to be getting a new usecase which will get that to be sustaining along with bitcoins. I am confident about dogecoin to be excelling along with spacex adoption. If Elon Musk will not change his mindset then there will not be any changes in the progress of dogecoin's growth. But, I am always afraid of Elon Musk's swing mood and withdrawing support for cryptocurrencies.

No one is better because these are just hype coins, you can invest it now but don't decide to hold it long as eventually, it will become worthless. A coin that is brought by the hype that's why it's successful will not like survive, so I don't like to use the word "better" because you might experience the worst loss if you get hype and join the FOMO.

That's why cryptocurrencies are so unpredictable that at first no one noticed but now it's becoming hype,
for Dogecoin itself seems to be different from other meme coins,
whether it will last for the next 10 years or not which is clear I don't know and I think we need to follow its development

We need to be wise to select Shiba or Doge as the investment. If both coins are just for a pump and dump project, then we need to know when we should buy and sell the coins to make a profit with the current situation. But still, for a long-term investment, bitcoin will be the best coin to hold because bitcoin can increase high in the future. The altcoin such as Shiba and Doge can help you make a profit if you use them for the short or medium-term, but be careful to analyze because those coins are different from the other coins.

Both of them were created just for a joke, many doubted the viability of these two coinmemes, but unexpectedly, both of them could be coins that should be owned and indeed it is better to just dump and pump for profit. Shib is fundamentally better, but Doge has a strong community and that's important for its survival. I think Doge will be able to survive for the next 10 years.

For now Shiba is better than DOGE, many might say that coin memes like Shiba are just a pump project but I think as long as it's profitable then it's better than focusing on real adoption but having to wait too long.

Shiba Inu will only be good and profitable if its hyped. But how about if the hype is over. I would not think that it will still be profitable as today, and at the end of the day both dogecoin and Shiba Inu will be out in the market because their value might be totally gone. My prediction may be different from others but i believe meme coins will never stay long in the market as they have no real use case like bitcoin and ethereum do. So let others enjoy their profits on these meme coins while they are still irresistible for now.

Shiba is in its hype period. Now it has been getting slowed down. Anything could happen in the cryptocurrency network, what we saw with the Shiba Inu is the example. The price grew to the top in no time, and dropped down. In no time the market supporters turned to be a big community. As the community got widened the support for Shiba from firms started to increase.

At some point Shiba Inu traded more in volume against bitcoin. These are all temporary, all the way if some other coin makes similar market the community concentrates over there.

I don't think that doge flies soon. But doge is a powerful coin in terms of community, so it can remain alive and even grow in price one day.

Doge has been used its own blockchain and it can be considered as its own tech. Shiba was using ethereum blockchain and it doesn't have own blockchain to run its token but shiba has a swap platform. Im not sure about what do you mean about tech but both were still using tech to run its tokens. that's a non sense thing to call both didn't have their unique technology. The tech must not be always a new tech.

Hmmm.. that's pretty interesting to see this statement. As far as i know doge developer never got big money and he has sold all of his stash since a long time ago. Have you seen the token distribution from shiba inu? it seems like there was no token that allocated for the team. All of supply were getting distributed. Vitalik was just sending 50% of shiba inu for charity purpose.
It's still unpredictable whether the shit token can exist in the future but anything can change easily. Shiba can become a non meme token anymore for sure. The same thing may happen with doge coin.

Yeah, but we can tell the same pretty much about everything. I think, the question about investment considering those coins is tricky itself. When I hear about Doge or Shib I don’t think like an investor. I think like a short term trader. As for me, it’s better to make quick profit on such coins, even though it is a chance they could be worth more in a long game. Investing needs something less volatile and more fundamental. That is why neither of them are good for investing, if we mean something rational and thoughtful under it.

I think it is very unscientific to ask this question. These two coins obviously do not have their unique technology that fits the market supply. They are just a tool for capital to accumulate money. They will not always exist.

it depends on the preference of the user regarding this type of investment. but one thing i can say, meme coins may have their time today, but think of their future. can they survive in this market? what would be the reasons why they can have longer lifespan? if you can't find a clear answer, then you should know where to put your hard-earned savings.
right now, shib is still attracting attention, even media is giving them interest. but can they sustain this interest and live longer than doge?

There are also a lot of people who made a lot of money on it. Those people who made money tell other people about it, who are often completely random and have no idea about cryptocurrencies. When someone hears how easily another earned money, he often follows him like a sheep, followed by another and another person. This is how bubbles are formed. In my opinion, the SHIB bubble is about to burst, so I would advise everyone to invest very carefully.

this support from shiba won't be forever, soon another altcoin will appear and shiba supporters will leave shiba to go on another project that can give 700% profit and shiba will lose popularity, this is something you see frequently in this market since years old


the saddest is that there are hundreds of people who put a lot of money into it

Doge is in the market for a decade. Shiba out of hype has reached this level. The survival of these tokens were very minimal, because if popular person hasn't given a hype shiba would've been an unknown token that reached the coinmarketcap and got vanished. Just through the hype it has reached a level and from that it is getting onto further development of own blockchain and many more. How far this gonna be effective is unknown. However Shiba will be kept alive, whereas doge needs massive support to move forward.

As the name says, these are meme coins. There is no value behind these coins, apart from speculation. You can laugh at them or love them and believe that others will love them too. In my opinion, their value is more likely to drop to zero than to achieve another ATH, but everyone invests wherever they want.

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.

yes you are right, doge has proven that this coin can survive even though it has no concrete purpose. and this also applies to the shiba inu. So don't think that this coin will die/disappear in the future. once a coin is already at the top of the list, it will be very difficult to remove from the market. so it means that the shiba inu will continue to survive, even though in the future the price will fall.

I will not think that they are good for long-term investment. I will prefer both for ut8ilizing the dump and pump in short term and take profits shortly.
I know that many people may be fans of both and believe that one of them or both are really great for investment.
but for me, this is very risky and I prefer to other top coins like BTC, ETH, and BNB. And other altcoins are for short trading taking profits.

I also know that Shib also has very great move and progress, and moreover now this is in the top 11 and Doge is in the top 9.
They re always competing, like going to tell which is better.
Some said that Shib is better because it has more fundamentals, but some also said that Doge may be better moreover after the new team advisors are coming.


but once more, everyone has a choice, And my choice is none of them for long term.

You're right, they're joke coins. But in all depends on your strategy. If you wanna gamble and make quick gains, then they're perfect. If you wanna invest for long term, then pick other coins, imo

Well shiba has actual roadmap, dogecoin is just a coin without ANY future or current development. I would put my money on shiba, doge isn't anything special and would be expensive to send if it had enough traffic on the blockchain. It was a funny joke but now their community seems to be quite toxic too so even the funny part is more or less gone.

Dogecoin was launched around December 2013, So it's almost 8 years old. 2 years short of your 10-year condition. I can bet anything that Doge will still be there in 2023 December. It's got a community of believers who have been there since 2013 of which it has even grown bigger. Doge has gone through different bullish and bear markets, it has it's own blockchain,

As for SHIBA INU, what is driving it right now is hype. It hasn't tested the bloodbath yet, and it doesn't have its own blockchain. Just an ERC20 token

Long term, I would still bet on Doge but definitely after we have seen the end of the current bull market.

It is because of the trend why shiba inu is now popular but if you compare dogecoin to shiba inu about surviving in the long run then my bet is on dogecoin. We don't know if shiba inu will survive like dogecoin as dogecoin is also meme coin where the goal behind it is for meme but surprisingly many people have used it so if shiba inu is like that then it could be considered as a baby brother of dogecoin.

Actually they're both meme coin so it means not reliable when it comes long term investment, but the fact that in just short period of time they can give investors massive returns.  So all i can say is they're useful as well but in different way.
And for me probably the better one is SHIBA INU although doge is the very first meme in the market, but this SHIBA is more optimistic in my views and probably that's because of having good and strong community behind than doge.. If we will base on their performance it's actually very clear though that SHIBA is very alive than doge.,so i will choose shib if i need to choose which one is the best..

In my opinion, Shiba Inu started like a meme coin and it is still such, however, it develops as its popularity grows. The project focuses on the most recognizable innovations. Of course, all this is part of the hype, but it gives the result. Developers are trying to reach new levels. Perhaps, initially, they also perceived this as a joke, but now, when they have achieved such discussion and recognition, they themselves have to take the project more seriously, thereby creating a more weighty ground under it.

Im not sure about shiba. it's a defi token right now. Shiba itself already announced that on its official twitter. Shiba has shiba swap and it will be launched shiba blockchain as soon as possible. This may change the image of shiba inu to be a meme token. You can even check it directly. it seems like the vision of shiba inu is much stronger than doge coin. The doge coin must have needed a developer that can at least give it second layer blockchain to make doge coin can be integrated with defi and NFT.

Im not sure about this. doge has been in the crypto almost for a decade. That proves that if doge is having a very strong community that will always back it along with shiba inu with its own community. I personally think that if shiba and doge will be last forever. Im not a supporter of those tokens but the developments are still running. We will see what will be the next achievement that will be achieved by shiba and how it will be competing and surviving for long term.

That's right.

It's likely that both of them won't be existing anymore by 10 year but it shall be Shiba Inu that shall be gone first. But for Dogecoin, there might still be a community that will have it alive.

To have these coins as part of your portfolio, it should be the amount that you can afford to lose.

Not one or the other of these ventures have a substantial use-case. They are meme-coins. Theoretical betting at best. I’d be lying on the off chance that I said I never possessed any. But fair a number of dollars here or there. These aren’t genuine ventures for genuine investors. And they likely won’t be around within the next 10 year.