Is Shiba Inu Coin a better investment than Dogecoin?

[bigjuk]

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.

Personally, I see this more in terms of lifespan and also more on the important things that exist in both of them where Shiba Inu tokens have not developed their wallets because they are still very new in the cryptocurrency space while for Dogecoin it is the oldest memecoin that has been around for a very long time in cryptocurrencies with some good updates and the rankings that happened to both of them are also not new for now because it's been almost a month they are both ranked 12th and 13th in coinmarketcap

[Mehedi72]

By far Doge is more established compared to Shiba, it's been long-standing coin but we don't know what would be the fate of Doge, same concept with Shiba but this new one are being driven by investors who entrust their money to the team.

But It's a wonder that doge still hold its rank tightly when it still doesn't have any real use. Maybe investors still has positive exception about doge. but as you told, the fate of doge is totally unknown.

Use your time before deciding both have the chance to continue to grow You can buy more with less investment in hope that it will grow and bring decent profits.

I Spend time to analysis on that but they are so much expensive right now. Doge and shiba rank is 12th & 13th respectively. I doubt, buying any those from this position mayn't good decision for me. But recently i heard shiba is going to used by many large organisations. So i can consider shiba for investment.

[tabas]

I Spend time to analysis on that but they are so much expensive right now. Doge and shiba rank is 12th & 13th respectively. I doubt, buying any those from this position mayn't good decision for me.

The price of Dogecoin has dropped from its former high price of $0.7 so if you think that's a good price, maybe taking the opportunity to get is the key and what you need to have if you're wanting to have a memecoin like dogecoin.
And that's the same with shiba inu, the price has dropped dramatically too.

But recently i heard shiba is going to used by many large organisations. So i can consider shiba for investment.

Verify that first because it can be an hearsay that will never happen or it can really be.

[Abiky]

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.

Market cap tells nothing about a coin, other than its current valuation in terms of Fiat. Just because a coin is within the top ranks in market cap, doesn't mean it's successful. SHIBA INU and Dogecoin are only at the top ranks in market cap simply because they have a large number of coins in circulation. Multiply the current price (in USD) times the number of coins in circulation and you'll see what I'm talking about. What really makes a coin successful is its proven track record of development and innovation. But what is really important is the level of usability of the coin in question. If the coin you're investing into isn't useful at all, you'd be wasting your time.

Both SHIBA and DOGE were created as "meme" cryptocurrencies, so they're only driven by hype. They're purely-speculative cryptocurrencies with no substance to them. I'd focus more on serious coins like Bitcoin and Ethereum than SHIBA or DOGE. Long-term speaking, you'll make a lot more money holding BTC and ETH than holding any of the aforementioned "meme" coins. As long as you don't spend more money than what you can't afford to lose, you'll have nothing to worry about. Just my opinion

[Jonyshake71]

Its insane to looking for better invest Between meme coins doge and shiba while actual best coins are available for investment. you already know their future isn’t much bright. I think both of those Should be avoided cause already so high and its time to dump Only.
such meme coins will come and vanished. Accepted for payment method, big partnership are just a way for keep on hype. This is my personal thought.

[Newlifebtc]

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.

Why, any coin that is doing well can not fails to do good, if you want to own them, go ahead and own them because this coins are the that gives money than bitcoin, because when you buy them when the coin is low and if you grow you will make a huge profit, no coin that is not good for long time investment, the more you invest on them the money come's

[uneng]

Neither of them are good investments in my opinion. Doge is too expensive already and its hype over, while Shiba is just a blatant copy of Doge (the original memecoin) in an attempt to take a piece of the initial hype.

If you are a serious investor who wants to stay in crypto market for long term and solid gains you need to look for better alternatives that go much beyond "playing with your money".

[magneto]

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.

First of all, good on you for recognizing that they are mere speculations.

In addressing hype potential I think that Doge has way more long term upside due to the fact that:

a) It came earlier compared to SHIB
b) It has a much stronger brand image compared to SHIB and
c) It actually has some use case since it has its own chain, rather than being a mere "token".

[Abiky]

First of all, good on you for recognizing that they are mere speculations.

In addressing hype potential I think that Doge has way more long term upside due to the fact that:

a) It came earlier compared to SHIB
b) It has a much stronger brand image compared to SHIB and
c) It actually has some use case since it has its own chain, rather than being a mere "token".

Exactly. Dogecoin has all the chances of winning, simply because of its established place on the market over the years. It has its own blockchain network and a huge community backing it every step of the way. As you said before, SHIBA is only a mere token built on an existing blockchain network. Without its own chain, I fail to see how SHIBA will succeed in the long run. It's all fueled by hype rather than real use cases in the mainstream world. Dogecoin is also fueled by hype, but it has greater chances of survival because of the reasons mentioned earlier. I'd focus more on serious cryptocurrencies like Bitcoin and Ethereum as the risk of loss is small. As long as you don't invest more than what you're willing to lose, you'll have nothing to worry about. Just my thoughts

[kojektea]

Both have the same concept, only meme coins have no utility. The trend that is made is only limited to hype, even if we look at memes for the future it has few benefits, maybe now it can be entertaining, but in the future the entertainment world will also not be inferior to meme trends.

[Sebas.tian]

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.

In terms of long term investment, Dogecoin is more better than Shiba Inu investment because the year I tried Shiba Inu on long term investment I nearly lost all my income until I changed my strategy to start short term investment that later help me to recover all my reward. Many altcoins investors prefer to invest with Dogecoin investment base on what they have heard from other investors that showed their results they got from their short and long term investment. When others altcoin was decreasing during the month of December where was giving Dogecoin massive pumping during the process many people were looking for where to make a good profit from their business.

[bekti3]

It's like Dogecoin. I'm sure the shiba inu will definitely go up and get its hype. but not for the long term because we can not see the ecosystem or the utility of siba inu tokens. So far shiba inu is still good to invest in for the short term but also has a high risk.

their hype will definitely exist at least once a year like in 2020 and 2021, on the other hand, but indeed things like this cannot be used as a tool for long-term investment because it will endanger assets.
i was in shiba because it was for my personal gain and once i got the profit i just got out of there.
right now it's actually almost the same, just wait for the right momentum for them and then enter at the right time to get profits again.
but it looks like it will take some time

[HashingTower]

Someone predicted that doge coin will reach 11$ by 2025 i think it's a topic on this forum as well, here is my own opinion, Dogecoin have surge significantly thanks to Elon for that, also shiba have created so many millionaires too, if I have to judge by their utilities shiba inu wins here hands down but better investment for the future? I'd go with shiba inu cos this could easily be another doge coin for another day

[shadowdio]

In my opinion I think maybe both can survive for 10 years but I don't think these coins are worthy investments for long term. I don't see one of them that is better investment but it's better to find a coin that has a real project not just these meme coins.

[Ceyflix-Rez]

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.

In terms of long term investment, Dogecoin is more better than Shiba Inu investment because the year I tried Shiba Inu on long term investment I nearly lost all my income until I changed my strategy to start short term investment that later help me to recover all my reward. Many altcoins investors prefer to invest with Dogecoin investment base on what they have heard from other investors that showed their results they got from their short and long term investment. When others altcoin was decreasing during the month of December where was giving Dogecoin massive pumping during the process many people were looking for where to make a good profit from their business.

No no no this isn't a point mate, you buy shiba inu at a wrong time that's why you keep losing your money, maybe you FOMO when everyone are already in profits and ready to start taking profits? The fact is this can happen to any you in any coin too, timing is very important in crypto investment

[Oneandpure]

Someone predicted that doge coin will reach 11$ by 2025 i think it's a topic on this forum as well, here is my own opinion, Dogecoin have surge significantly thanks to Elon for that, also shiba have created so many millionaires too, if I have to judge by their utilities shiba inu wins here hands down but better investment for the future? I'd go with shiba inu cos this could easily be another doge coin for another day

Looks crazy predicting about Doge coin with unlimited supply how come can reach above $11 although on 2025, looks impossible with billion coin supply on the market can reach higher price depend Doge coin is anonymous because not have developer again, just advertising by Elon Musk and success reach almost $1 last years before price dump again. Maybe Elon Musk only as promoting Doge coin and he try how to make you trusted with Doge coin after accepting in Tesla. I don't believe with shit coin again like Shiba Inu or Doge coin because not guarantee will higher price for the future.

[Galley]

Anyone can predict as much as they want. Experts divorced more than necessary. The theory of probability sometimes brings us various surprises, and this is how great predictors are born. And any small things in the form of shitty coins will never be successful, no matter how many “experts” predict.

[Furious 7]

Someone predicted that doge coin will reach 11$ by 2025 i think it's a topic on this forum as well, here is my own opinion, Dogecoin have surge significantly thanks to Elon for that, also shiba have created so many millionaires too, if I have to judge by their utilities shiba inu wins here hands down but better investment for the future? I'd go with shiba inu cos this could easily be another doge coin for another day

speculation is not to blame but at a price of $ 11 doge need to be pumped how many hundred times friend?
Of course, we also have to be able to think logically, with the current unlimited supply of doge, is it possible to reach such a large price?
In the mirror of Elon Musk's previous pumps with a few pumps it could only reach less than $1 that Elon Musk pumps. is it possible with another pump doge will reach such a high price? I don't think so

[Sayeds56]

In my opinion I think maybe both can survive for 10 years but I don't think these coins are worthy investments for long term. I don't see one of them that is better investment but it's better to find a coin that has a real project not just these meme coins.

Dogecoin has survived long.

And Shiba might do the same.

But a lot of things can happen for that span of time. We're all speculating what's with them for the next 10 years but if there's one thing to be sure by that time.

Bitcoin will stay.

Doge and Shiba both have no valid use case and belong to the same family of meme coins but surprisingly both have been making news on crypto space in 2021 and attracted attention of lot of new comers in this industry. As a Technical trader we look at sentiment of market and price action to make profit out of it and both of these coins have given huge profit to smart traders.

[andriarto]

In my opinion I think maybe both can survive for 10 years but I don't think these coins are worthy investments for long term. I don't see one of them that is better investment but it's better to find a coin that has a real project not just these meme coins.

Dogecoin has survived long.

And Shiba might do the same.

But a lot of things can happen for that span of time. We're all speculating what's with them for the next 10 years but if there's one thing to be sure by that time.

Bitcoin will stay.

Doge and Shiba both have no valid use case and belong to the same family of meme coins but surprisingly both have been making news on crypto space in 2021 and attracted attention of lot of new comers in this industry. As a Technical trader we look at sentiment of market and price action to make profit out of it and both of these coins have given huge profit to smart traders.

both are indeed meme coins and I don't think it's a good idea to invest, considering the pump and dump actions in it. therefore for me do not use full funding to invest in it. but think of it like playing against luck or just having fun buying the two coins, because for me it would be very risky