Battle of supremacy between Dogecoin and Shiba Inu

[Baofeng]

I feel Shiba Inu is a stronger coin as compared to Doge. Shiba Inu has so many use cases as a meme coin and we have Leash and Bone to help grow Shiba. Without Elon Doge is useless

Dogecoin was here way before Elon Musk became popular, then it will still be here after Elon Musk. Actually in one century Doge will still be here unlike these opportunistic shitcoin tokens like Shiba Inu. There is absolutely no value in those copycat tokens, they can crash like most of shitcoins at any moment. Be careful, it's a high risky investment unlike DOGE.

I would still classify dogecoin as a high risk investment but I can see your point, dogecoin despite its meme status in the market of cryptocurrencies has gained some acceptance especially since its on-chain confirmations can be quite fast compared to what we see in many other blockchains, and since Musk began giving attention to dogecoin many copies of it have appeared and they have had some success, but I have my doubts the excitement over those coins will last long as they do not offer anything new and as such people will prefer to keep using the coins they have been using so far.

I agree with you, using Dogecoins allow fast and cheap transactions and Dogecoins are now accepted on most of gambling platforms and other crypto services, moreover DOGE is available on all exchanges. Then you can always easily exchange them against fiat, stable coins or other big cryptocurrencies if you need less volatility and less risk. But a token like Shiba Inu on the Ethereum blockchain is low and expensive and accepted at only very few places.

Yes, being a gambler and I'm sure you are one as well, Doge has been very friendly to us with depositing and withdrawing and it has become an alternatives to us, specially last year when the price of BTC and ETH are high and the fees are very expensive.

Shiba on the other hand seems to be just a pure pump and dump coin. Of course many profited already and still profiting, but it's hard to invest on it when the price is on the top.

[AmoreJaz]

Shiba Inu and dogecoin which is your most preferred choice for investment?

Shiba Inu claims to have a decentralized exchange or are planning of having one in the future, well I have not been following up on the meme coin so I would not have all details correct. Dogecoin is not going anywhere as it has more experience than any of the new Memes. This new meme are just getting hype and ones that dies down, they move to the next meme. What people do not realize is that the whales of this meme coins are just using them to make money.

After hyping a particular meme they move to the next and hype it as well then the retail investors fomo into this project just enriching the earlier investors. Be very careful as the downfall of this coins will be very deadly.

i guess, sooner or later people will regret jumping on this hype. doge can always go back to where they are but they will always have the market. but with shib, if you are a holder, how are you going to assure that you will not lost in this investments?
that's right, after the meme hype is over, what future does it hold?
won't trust this for long term but if you are already into this, better cash out while you are still in profit.

[QueenVera]

that's right, after the meme hype is over, what future does it hold?
won't trust this for long term but if you are already into this, better cash out while you are still in profit.

That is right, if you invested in this project they should be for only speculative purpose and do not get attached thinking it can be used as a long term project. What happens when the bear comes, only the fundamental project can restand this selling pressure but all this meme coins that we hype will lose trading volume and lose price value as well.

Soon another meme token will get hyped because neither dogecoin or Shiba is receiving attention. Scammers are always looking for attractive things to use in deceiving investors and it seems the meme tokens are their perfect picks. We have scammers creating different Memes daily and ignorant individuals are still buying into the hype. Do not be foolish, this trend would not last forever.

[adamantasaurus]

NEVER HODL these fckn shitcoins haha but with that said there is definite money to be made IMO shiba is already pumped it can MAYBE be another 2 or 3x but if you want those 10x plus gains you gotta go with smaller cap coins look at dogelon mars or samo they both run up a higher percentage than shiba they key is to get into smaller cap coins before the shiba pump and you will be sitting with some nice profits for sure.