Battle of supremacy between Dogecoin and Shiba Inu

[thesosorr]

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?

To me, the Shiba Inu is definitely a token meme. Shiba Inu and Dogecoin have differences even though the price increase process is almost the same. Dogecoin is slightly more profitable than Shiba Ibu because Dogecoin is a coin not a token category. Regarding investment, I am not interested in choosing both because from various analyzes they are not suitable for me to make as an investment asset.

[1715160700]

1715160700

[kryptqnick]

I'm unpleasantly surprised that a meme coin of a meme coin, basically, is #17 by market capitalization... Dogecoin is overhyped, for sure, but it's also been there for years, and it was fairly commonly used for crypto gambling for years as well. So while it was created as a joke, it actually became popular among users because of convenience (you could bet with lots of coins, given how cheap they were). Still, it's not even a question when it comes to Shiba vs Doge, as the latter has 2.5 times more in terms of market capitalization. So it's not really a battle.

[Fivestar4everMVP]

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?

For me, I don't think there's any battle for supremacy what so ever between dogecoin and Shiba inu, personally, I see Shiba inu as the same dogecoin wine recycled in a new bottle, which means there's no difference between the two except for the bottle.
And like you said, if the investors of Shiba Inu are the same set of guys that invested in dogecoin, then there isn't really a competition between the two as it may well be possible they are just recycling money between the two meme coins.

And to your last question :  ever since this whole meme craze started, I've never been moved to invest in any of them, even though I know this has lifted many lives from poverty, which is what we all pray for for ourselves, but then, I've never had this zeal of putting my money in a meme coin, I invest only in projects with proven legitimacy.

[South Park]

I wasn't able to invest in both dogecoin and Shiba INU at its early stage so I didn't even try to invest in it anymore as I know that the hype is already over and it's hard to invest in a coin with no utility. Congratulations to those people who bought it at its early stage because if you are still holding it right now then you are now a real millionaire.

Both are meme coins be careful, do not invest in them for the long term as both meme coons are only good for a short-term investment.

Yeah it's no longer worth if we want to invest with current price because it's already too high and it won't make multiple growth anymore, i don't know why there are still people trust it will still doing 10x - 100x growth, if we look at the market cap, if shiba or doge hit another 10x - 100x it will surpass bitcoin and it's hard to happen, people especially newcomers to crypto only look at the price that still cheap without seeing the circulating supplies and marketcap

This happens because people do not take a look at the market cap and instead look at the price, if they did and then they made some basic math like multiplying the supply of coins with the price they want their coin to achieve they will quickly realize this is not possible, but apparently this is too much to ask these days as I have seen in the forum predictions so out of place that not even the whole money of the world being invested in the coin could be enough to reach the price they want.

[Jaered]

I have a feeling Shiba would tip it. This is because of the limited supply it enjoys over Dogecoin. This accusation alone has been haunting Dogecoin and many investors are wary of such a coin. But in reality, I don't care either way. Meme coins still remain shitcoin to me

[Rengga Jati]

These two meme coins are still competing, we can see how each of the community always says that they are the best.
But for me personally, I can't see this because it is too risky to invest in those two coins.
Shiba came when the price of Doge was rising and pumping up very high because of Elon Musk.
And there are some other shitcoins with meme concepts.
Many people said that Shib has better concepts and also fudnamenatks. But let's see how they can compete for each other and show the best and which one is the suoppreme.

[Hypnosis00]

These two meme coins are still competing, we can see how each of the community always says that they are the best.
But for me personally, I can't see this because it is too risky to invest in those two coins.
Shiba came when the price of Doge was rising and pumping up very high because of Elon Musk.
And there are some other shitcoins with meme concepts.
Many people said that Shib has better concepts and also fudnamenatks. But let's see how they can compete for each other and show the best and which one is the suoppreme.

But then, despite all of these things, we can't deny that SHIB Inu and Dogecoin are giving a huge profit to their investors. It won't be surprising that these people will certainly be talking positively about these coins. Maybe if we are one of those investors, I think that is also a thing you would say but because we ignore and underestimate the project, it seems to be all negative.

Well, maybe we could just see them growing shortly as they don't have strong market support and use case of these project which obviously we would think that they will never survive with the competition.

[bahagia93]

I have a feeling Shiba would tip it. This is because of the limited supply it enjoys over Dogecoin. This accusation alone has been haunting Dogecoin and many investors are wary of such a coin. But in reality, I don't care either way. Meme coins still remain shitcoin to me

Whatever is born from the meme coin will remain the same, i.e. it will not have better development and strength after being discarded by many investors, and basically coins like Dogecoin are never afraid of new meme coins like Shiba Inu, because I've also seen that Dogecoin was in the top five before Elon Musk liked Dogecoin.

[budi12]

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?

To me, the Shiba Inu is a token meant for jokes and you are perfectly fine to put your money into the joke. After that, you can lose everything and you shouldn't cry about it, if one day all your investment goes to zero, then you shouldn't complain and cry about it and call it a scam, it's you who agreed to put their money into a joke coin in first place.

[dhemasm]

Shiba Inu is still in a state of increasing percentage on coinmarketcap today.

It's just some hype, There is not real use case on that coin and we can't really expect anything much from Shiba nor Doge, Both of them it's just going to stay at the current state from prespective.

But I agree that Shiba Inu is a meme coin that will end its trend and is not very suitable if it is used as a long-term savings coin.

It's already manipulated in the first place without any long-term use case so it's better to use the fund on more better long term coin like BNB, SOL, Arweave, RPG or the others with clear purpose.

[bekti3]

Shiba Inu is still in a state of increasing percentage on coinmarketcap today.

This means that the Shiba trend is still continuing. But I agree that Shiba Inu is a meme coin that will end its trend and is not very suitable if it is used as a long-term savings coin.

very true, what you say is in accordance with the reality that is currently happening.
a lot of people are making excessive speculations about this meme coin, I don't know what they mean,
because they are really enthusiastic and seem to be promoting with this meme coin even though the current price is too high to buy.
moreover it is true that they are not suitable for the longer term and they should be aware and reflect on the experience of the doge a few months ago.
what you have to do is take advantage of the existing momentum from the hype that is happening and after you get a profit that you think is enough, just stop immediately and get too carried away with it.
from the start, meme coin is not suitable for long-term investment. So the choice to make Shiba Inu a long term investment was a mistake. just enjoy the hype, and stop when you want to reach the end. actually the battle of Doge with shiba inu is not to determine who is the best, but a way to maintain the memecoin hype.

[samcrypto]

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?

To me, the Shiba Inu is a token meant for jokes and you are perfectly fine to put your money into the joke. After that, you can lose everything and you shouldn't cry about it, if one day all your investment goes to zero, then you shouldn't complain and cry about it and call it a scam, it's you who agreed to put their money into a joke coin in first place.

DOGE and SHIB are both meme token meant for that joke thing, they have no usage and a pure hype from the manipulators. The moment you buy these tokens, you should already know the risk of it and personally, I’d rather do scalping with these two token than to hold then in long term. Many traders made a lot of money from meme tokens, they simply know how to ride with the hype and that is really good. If you know how to so this properly, this can be more profitable because meme tokens are very volatile.

[Looper_U]

Shiba inu has proven to be the better doge coin or let's say shiba is what doge coin planned to be, id definitely choose shiba inu over Dogecoin because shiba is leaving the meme boundary and now planning to introduce better utilities like shiba Dex, Dao and even NFT, if this comes to reality shiba will be worth more

[wheelz1200]

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?

Lol neither.  You just said they are me coins.  Jokes.  Literally meant for a laugh.  It's what you call greater fool theory peoe are capitalizing on.  Once a bear sets in and people retreat into bitcoin or fiat, the fallout is going to be ugly.eme dumps will be like the masternodes dumps in 2017, Mark my words.

[Rengga Jati]

But then, despite all of these things, we can't deny that SHIB Inu and Dogecoin are giving a huge profit to their investors. It won't be surprising that these people will certainly be talking positively about these coins. Maybe if we are one of those investors, I think that is also a thing you would say but because we ignore and underestimate the project, it seems to be all negative.

Yeah, we can't deny this fact, but it crashed after all and dump so much.
And this kind of pump price is however risky for moreover the newbies (even most of the beginners are interested in investing in those two meme coins because of hype). After all, they lose a lot of money on it, like buying on the top, and then the price keeps falling. This is like the similar scheme of hype coin, and we know that both Doge and Shib are also experiencing this.
Some people may utilize the chance to get big profits, a very big one, but if we are new and don't know what should be done wisely and smartly, it will be vice versa.

[V-t.Ester]

Personally I prefer Dogecoin. Not because of Elon Mask and his twits, but because this meme-coin is really nice and it was the first meme-coin I was acquainted with when my friend was getting it for free as a bonus for mining Litecoin. We were always poking fun that all those thousands of Doges costs less than several dollars. So when Doges suddenly pumped we were really amazed how in one moment several dolllars can become more then 500$.  About Shiba Inu I’ve read that it was created as a  “Dogecoin  killer”. After it was created it really made a lot % growth but for me this project does not inspire confidence. However I can be wrong as in crypto world everything is possible.

[South Park]

Shiba inu has proven to be the better doge coin or let's say shiba is what doge coin planned to be, id definitely choose shiba inu over Dogecoin because shiba is leaving the meme boundary and now planning to introduce better utilities like shiba Dex, Dao and even NFT, if this comes to reality shiba will be worth more

We will have to wait and see what happens, it seems this coin is moving fast and it is trying to usurp the place of dogecoin as the favorite meme coin of the market, but just because it is going to offer all of those things that does not mean that people are actually going to use those features, we must remember that it is not like this is a tremendous innovation on their part, as all of those features have existed on other coins for a long time and it is doubtful people will want to use another coin just for the novelty of doing it.

[Saint-loup]

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.

[South Park]

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.

[Saint-loup]

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.