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Author Topic: Is Shiba Inu Coin a better investment than Dogecoin?  (Read 2137 times)
Dr.Osh
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October 27, 2021, 09:31:00 AM
 #121

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.
it's true that this is just a coin meme being taken advantage of because of the hype. many people have benefited greatly from Shiba. however, I think that investing in shiba is the same as investing in dogecoin. we don't know if this project still exists in the next 10 years or not, but the fact is, many investors are currently accumulating large amounts of Shiba. Well, knowing that, I might as well be interested in saving $100 in Shiba and forgetting about it for a few years. if it disappeared, it might not be a problem, but if the price went up, it would be a profit.

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October 27, 2021, 10:22:24 AM
 #122

The Shiba Inu does have some similarities to Dogecoin but there are other uses for SHIB besides as a community coin.
They have a marketplace Non-Fungible Token and DeFi called Shibaswap.
ShibaSwap and NFT are expected to be drivers for the SHIB price
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October 27, 2021, 02:19:07 PM
 #123

Listed on top or big exchanges doesn't guarantee a coin to survive a long time. It can be delisted in those exchanges if there is a strong reason. Because SHIB is a meme coin that is relatively no real use, very possible if people aren't interested to buy it again in the future. If it has no interest anymore, its transaction or its volume will drop day after day. In this situation, top exchanges may consider removing it from the list.

You're right about that. Just because SHIBA gets listed on big exchange, doesn't mean it's going to survive for a long time. Exchanges only list coins they believe it's going to make them a lot of money in the long run (even if the coin they're listing is a "shitcoin"). I don't think SHIBA is a better investment than Dogecoin, simply because it's a token built within an existing blockchain network. On top of that, SHIBA has a huge circulating supply and the project lacks active development and innovation. Dogecoin has its own blockchain network, but it's practically the same as SHIBA. "Meme" coins are speculative instruments with no real use cases for the mainstream world.

What makes you think coins like SHIBA, DOGE, and BabyShibaInu will continue to soar all the way to the moon? Inflation is what's going to kill them in the long run. I'd advise anyone to stay away from these coins as the risk of loss is too high. They're only good as a short-term investment, but that's it. Who knows what will be of SHIBA after the hype ends? Just my opinion Smiley

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October 27, 2021, 03:43:04 PM
 #124

I think instead of choosing between Shiba Inu or Dogecoin which are just meme coin better you invest your funding into some crypto that really has use-cases such as Solana, polygon, elrond, ripple and many more. Just a recommendation avoid falling into meme coins it is riskier than the other cryptocurrencies.

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October 27, 2021, 04:07:26 PM
 #125

For now Shiba Inu is better than DOGE, I believe Shiba will continue to skyrocket due to positive sentiment from various influencers so that investors continue to buy and pump SHIBA Inu.


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October 27, 2021, 04:21:04 PM
 #126

Doge hype is over. Now the hype / growth of SHIB coins is going on. It has surpassed Dogecoin in total marketcap. Its growth is much higher than that of Dogecoin. So I think SHIB is the best choice for investment than Dogecoin.
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October 27, 2021, 05:10:53 PM
 #127

I still do not dare to say that comparing Shiba or Doge will be better for the "status" of the king of the meme world.  However, today's crypto market correction explosion and Shiba's swing remind me of March's bullrun when Doge surged and bitcoin retraced.  It has many similarities if that accidentally creates a knot.  Currently, some information regarding Robinhood's listing of Shiba is in the spotlight and perhaps that's the next reason Shiba's rapid rise today.  I still suspect Shiba, Doge is being manipulated more than meaning and practical development.
https://www.ibtimes.sg/shiba-inu-loaded-robinhood-app-announcement-be-made-soon-about-listing-60131
https://twitter.com/whalestats/status/1452819651029712898?s=21

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October 27, 2021, 05:18:29 PM
 #128

     Honestly, at this point I really don't know anymore. Ut is a good source of income though for traders like me who take advantage of the hype. But even so, I only allocate 2 and a maximum of 5% of my funds to this shitcoin. And seeing those huge price surges never really bothers me at all. If it goes up, then good for the people who believe in this shitcoin. If not, then I still made money anyways so it can go to the moon or hell for all I care (both of them). I just feel pitty for the small people who get hyped then rekt because of this manipulation. I hope you don't invest more than 1-5% of your funds into this coin (or anyone) because I hate to see people get rekt since I know the feeling all too well. It's good to invest but don't get greedy and be FOMOed easily. Good luck.

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October 27, 2021, 06:00:50 PM
 #129

I think instead of choosing between Shiba Inu or Dogecoin which are just meme coin better you invest your funding into some crypto that really has use-cases such as Solana, polygon, elrond, ripple and many more. Just a recommendation avoid falling into meme coins it is riskier than the other cryptocurrencies.

You have your point but those who invested to these two meme coins are risk takers who wanted to have a quick profits,
they are aware that in any moment the value of these two coins will dump down and they will lose their money. In the otherside,
the chance to have some good returns is also possible, if the hypes take place the money will flow for them..

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October 27, 2021, 06:26:02 PM
 #130

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.
I do not know about use cases and what not.  All I know is I have made profits investing in Shiba Inu I have sold a 100% of my Shiba Inu portfolio when I thought I was in mad profits. Shiba Inu is still doing well and was one of the top earners listed in Binance today. Where is doge coin?

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October 27, 2021, 06:56:36 PM
 #131

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.
The kind of volumes and market caps both these coins have got recently unless there is a huge vulnerability in their codes, there is a very slim chance that these wouldn't exist in the next 10 years. This comes from the fact that many abandoned crypto projects which got a lot of steam at some time in the past are still quite sturdy in their price, they have moved north along with bitcoin and moved south along with it. One good example of this is IOTA, despite no major developments in the past 4-5 years it is still in the top 50 and was once in the top 5 when it pumped too much. It's hard to eliminate these cryptos primarily due to a large number of HODLers who don't bring supply into the market and traders who keep the liquidity going. So I don't think either of them would end in 10 years. But personally, SHIB now is a better investment than Doge solely because it has at least some use cases and active DEVs.
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October 27, 2021, 07:41:58 PM
 #132

In recent time, shib is growing so fast. I hope this trend will last some more days. As it growing continuously, you can buy shib at this current market situation. But it'll be better if you wait to end this trend. I think price may drop at the end of this year.
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October 27, 2021, 09:09:40 PM
 #133

For now Shiba Inu is better than DOGE, I believe Shiba will continue to skyrocket due to positive sentiment from various influencers so that investors continue to buy and pump SHIBA Inu.

Moonboys  Smiley There is no community only personal bags and profit. LoL
It’s all speculation and no substance behind it, be careful. It could continue and it could instantly flip

And at the end of the day real use cases win
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October 27, 2021, 09:43:04 PM
 #134

It looks like that Shiba Inu is about to surpassed Dogecoin through ranking and market cap.

Dogecoin rank is 10.

Shiba Inu is 11.

That's about to get to the top if this hype is going to go further. Those Shiba Inu holders, if you're in profit already people, do not hesitate to take what's yours.

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October 27, 2021, 10:13:27 PM
 #135

Though dont really know more about shiba inu, but doge coin is a coin with good prospect, many more surprises will happen with doge coin, shiba is like a fresh coin, but gaining ground, but the problem.will it last long, so that why I will prefer doge coin.
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October 28, 2021, 05:17:35 AM
 #136

It looks like that Shiba Inu is about to surpassed Dogecoin through ranking and market cap.

Dogecoin rank is 10.

Shiba Inu is 11.

That's about to get to the top if this hype is going to go further. Those Shiba Inu holders, if you're in profit already people, do not hesitate to take what's yours.
as I write this, Shiba inu's position has just passed Dogecoin in CMC, and its rank is currently at position 8. you can see it right away on Coinmarketcap.
I don't know about the difference between these two coins. I still feel that these two coins look the same. however, for now, I feel that people pay more attention to Shiba than Dogecoin. well, even in a correction situation, the price of Shiba is still rising.

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October 28, 2021, 05:48:27 AM
 #137

Quote

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.

there were lots of hypes again for shiba inu than in doge coin so i suspect that this coin can rise again for a short time  .
you can take advantage of this but investment wise , dogecoin is still better than in shib because of the time dogecoin spent in the world of cryptos .
doge is now recognized by the many and has lots of supports or use cases ( the use case are mostly for payments/paying ) .
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October 28, 2021, 06:22:23 AM
 #138

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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.

there were lots of hypes again for shiba inu than in doge coin so i suspect that this coin can rise again for a short time  .
you can take advantage of this but investment wise , dogecoin is still better than in shib because of the time dogecoin spent in the world of cryptos .
doge is now recognized by the many and has lots of supports or use cases ( the use case are mostly for payments/paying ) .
This token, which has fans named Shiba army is able to surpass Dogecoin, thus SHIB the nickname Dogecoin Killer. Founder don't hold a penny of shiba inu coins. He also gave as much as 50 percent of the available shiba inu token to ethereum creator Vitalik Buterin after the token were created.
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October 28, 2021, 07:01:32 AM
 #139

Though dont really know more about shiba inu, but doge coin is a coin with good prospect, many more surprises will happen with doge coin, shiba is like a fresh coin, but gaining ground, but the problem.will it last long, so that why I will prefer doge coin.

Doge coin is already popular so no wonder if many crypto traders still think of it as promising and good investment but SHIB isn’t lesser than doge coin either, the recent upcoming NFT market for SHIB is like a fresh air that maybe can help this coin price to go up in the future and I think SHIB has the same fame as doge coin to be fair and maybe it’s gonna last long the same as doge coin although SHIB is a token but it can have many features.

In recent time, shib is growing so fast. I hope this trend will last some more days. As it growing continuously, you can buy shib at this current market situation. But it'll be better if you wait to end this trend. I think price may drop at the end of this year.

Maybe buying SHIB at this time is not recommended because the price is already too high and most of time, those who buy it too high only because of FOMO, I think there will be a better time but its better if SHIB leaving its fame from being known as meme coin, although I always never recommend coin that fluctuative too much.

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October 28, 2021, 07:59:26 AM
 #140

I mean honestly shitcoins are where the money is, it's not a long term investment at all but the gains to be made with any type of shit coin not just shiba or safemoon but really every bull cycle I am on the lookout for the shitcoin hype which ones its going to be because that is where the real money is, trading them is a skill though it is not something you hold onto for very long at all. As long as you know that then you should be good to go Smiley
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