Is Shiba Inu Coin a better investment than Dogecoin?

[husdemba]

These dog coins have made few rich, but harmed many. They don't own any projects and are purely speculative. I've never invested in them because I don't like to gamble. One way or another, we can't get rich without taking risks. Everyone's investment is their own decision 

[Rufsilf]

These dog coins have made few rich, but harmed many. They don't own any projects and are purely speculative. I've never invested in them because I don't like to gamble. One way or another, we can't get rich without taking risks. Everyone's investment is their own decision 

We can't really blame them for taking such risks and investing in these memecoins. Lucky for those who had made serious profits but unfortunately, there will always be the ones who will lose some funds as well. On the bright side, these experiences have taught those people to either stay away from these certain coins or be attentive and wise if they wish to invest on it again.

[Henrobakkara]

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.

Even with Dogecoin not having any use case, see how long it has survived the market ups and downs over the years and still here. I have never invested in Dogecoin though but I believe from what the subject question asked, Shiba Inu has a better advantage of investment than Dogecoin all you need to do is compare bot projects and see and I also believe it will be here for a longer time.

[dEjAvOU]

I think so, Shiba deserves to be said to be better than DOGE, no need to wait long or less than a year Shiba has entered the top 10 on coinmarketcap even though it is now down to rank 13, and for DOGE it took almost 10 years to get into rank 10 and of course without Elon Musk then Doge will continue to be ranked in the hundreds.

[Kunotcoin]

I guess for the short term, Yes but for the long term, I doubt it because at the end of the day one thing will remain both are just meme coins created as a joke and it will remain as a joke, no matter how big the hype it was generating but after the hype was gone the price will go back to the bottom as it was and many will be affected anyway it was just my opinion. Shiba and Doge's rivalry has gotten wider so we don't know what will happen next.

[RiskySanchez]

Shibainu is included in my portfolio list but is only used for scalping trading in the short term. I'm not so sure about the blockchain technology that shiba inu has because I still feel this coin is just a temporary hype and any coin that exists because of fomo news and not technology will be easily lost. for doge coin it's really worth it because the community has been strong for years and still survives as the king of meme coin

[harizen]

And the biggest risk is choosing a meme token that doesn't have a clear product use at all like Shiba Inu, so I personally am still very hesitant to choose it until now, especially during a moment of price decline like today.

For the purposes of "only-trading", traders don't really look at the real use-case of a certain coin regardless if it's tagged as sh*tcoin, dead coin, or meme coins. As long as the hype is there, the volume is good, the daily market cap is increasing, it was a candidate for a good coin to trade for short-term.

Don't take Shiba or Dogecoin as an investment where you will do a long-term hodl. They should be traded and take advantage of the price swings. Not unless your DYOR really tells you that these meme coins are worth holding, then it's your choice to hodl them for long.

[junmisakiro]

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.

That's right, investing in coin memes like Shiba is a gamble with a very large level of risk, but everyone does it knowingly because greed wants to have big profits.
it's no better than any other coin meme it's all the same. and the big pump has happened on the coin meme a few months ago which has made shiba coin holders experience a huge profit i think it's over there will be no more big pumps going on.

[Frengki_cisco]

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 think it depends on the thoughts of people who want to invest, if you say good it is good and if you say bad it is bad, investing in shiba and doge coins is the same, both crypto, the problem is no one knows which is good or not, if you believe just do it life in crypto world.

[Pamadar]

And the biggest risk is choosing a meme token that doesn't have a clear product use at all like Shiba Inu, so I personally am still very hesitant to choose it until now, especially during a moment of price decline like today.

For the purposes of "only-trading", traders don't really look at the real use-case of a certain coin regardless if it's tagged as sh*tcoin, dead coin, or meme coins. As long as the hype is there, the volume is good, the daily market cap is increasing, it was a candidate for a good coin to trade for short-term.

Don't take Shiba or Dogecoin as an investment where you will do a long-term hodl. They should be traded and take advantage of the price swings. Not unless your DYOR really tells you that these meme coins are worth holding, then it's your choice to hodl them for long.

I see exactly your point and it's valid if you are aiming for an asset to work and play with the market.

Meme or shit are those who you can take advantage, the hypes mostly happen in a short run. If you know how to deal with it, gaining a good amount of profits is very possible.

All you need is to follow the movement and check if there's update or if there's movement that unusual. Riding with the train is not always profitable. Make sure also that you are willing and ready to lose your investment.

[famososMuertos]

Doge has shown that a large part of the users who access the world of cryptocurrencies do so for a trend rather than an analysis, and by the way it does not require a deep knowledge or even experience with cryptocurrencies to determine a priori that certain projects are true "raffles", doge may be the best representation of that, it has been since its inception and in a certain way is the pioneer of a group of alts that far from disappearing are in trend.

Shiba is nothing more than following that guideline rather than representing a project with a sense of there is something beyond a simple meme, but in the practical reality of the current market where these types of investments coexist, they are an eventual part of a consumption by an important group of users, the current unreal price of the Doge is the dream of any user who owns a meme in its tokenized version, that idea or easy thought has led Shibu to rank in the top 10 and stay in the top 20 according to its market cap.

[Lmaooo]

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 think it's too early to predict which meme coin is better than the other, between Dogecoin and Shiba Inu at the moment. The meme coins are highly speculative assets thus people buy them regardless of their features. They grow based on pure market speculations and momentum. If we look at this year 2021 between the two meme coins, then Shiba Inu is no doubt the better investment but we don't know what is going to happen tomorrow.

[Jaered]

These days Shiba is trumping Dogecoin on the use case race. There is a swap and the mainstream adoption is gathering speed even with the setback it received and dumping to half its all time high. That is the edge it holds

[nurulhmani1280wat]

Shiba Inu is one of the best coins already traded on several exchanges. Even coins with a lot attract investors. It seems that both are long term coins as they already have a very serious and strong development team.
I can't say Shiba Inu is better or worse than Dogecoin.

[Godwinpaul]

I'm of the opinion that Shiba inu is yet to see her ATH, and could be a good option for speculative investment as compared to dogecoin. The truth is that dogecoin has done her best and we enjoyed it while it lasts. I still hold dogecoin but I don't see a pump coming anytime soon.

[martina14]

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.

Both are really meme coins, but I think SHIB is more better than Dogecoin in my own view only. Although, Dogecoin was one of the pioneering altcoins here in crypto space, but its price value goes up only when Elon Musk promoted it at twitter, same goes with Shiba but even is like that Shiba Inu I guess has a lot of use compared to Dogecoin.

[ScamViruS]

I'm of the opinion that Shiba inu is yet to see her ATH, and could be a good option for speculative investment as compared to dogecoin. The truth is that dogecoin has done her best and we enjoyed it while it lasts. I still hold dogecoin but I don't see a pump coming anytime soon.

It would be very risky to predict what the future holds for these two coins and what the future prospects are. There is certainly a lot of doubt about how well these coins will perform in the current market trends because when the trend changes in the entire market, traders, investors become interested in booking profits. So in the market these coins can also go into negative trend so that it can create bad situation for investors.

[Abiky]

I see exactly your point and it's valid if you are aiming for an asset to work and play with the market.

Meme or shit are those who you can take advantage, the hypes mostly happen in a short run. If you know how to deal with it, gaining a good amount of profits is very possible.

All you need is to follow the movement and check if there's update or if there's movement that unusual. Riding with the train is not always profitable. Make sure also that you are willing and ready to lose your investment.

Of course. If you know how to play your cards right, then it's possible to make some profit out of any "meme" coin within the short term. I wouldn't advise anyone to invest into Shiba Inu or Dogecoin for the long term, simply because the risk of loss is too high. These coins are only driven by hype without providing any real "substance" to the mainstream world. After all, whales and other big players manipulate "meme" coins' prices for their own advantage. They're only good as a short-term investment or as a means to introduce newcomers into the world of crypto. As I've said many times already, there are far better coins on the market with greater features and added scarcity. The crypto market changes at a fast pace, so it'd be wise to diversify your investment into other coins just to be safe. As long as you don't spend more than what you're willing to lose, you'll do fine in the long run. Just my thoughts

[K4C]

I think not anyone say easily that this coin is best and this coin is best according to my theory both coins is best DOGECOIN is best and the SHIBA INU is already best but in this time many people support and buy a SHIBA INU so in this type support you see so that situation we say that Shiba Inu is best compare to DOGECOIN.

[jpaul]

Dogecoin is rank#12 and Shiba Inu is rank#13 by coinmarketcap as of December 22, 2021. A very close fight. On a question of which is better for investment? For me, both of them are good. But again before putting your money you need to do some research about them so that your decision will be well guided.