In this Wealth Mastery Report, we’ll look at Dogecoin vs Shiba Inu in the following ways:
- What are Meme Coins?
- What is the Difference Between SHIB and DOGE?
- Is Shiba Inu Better than Dogecoin?
- When will SHIB be $1?
- When will DOGE be $1?
- Are Meme Coins a Good investment?
What exactly is this Meme Coin thing?
The battle of the doggie coins continues to rage on in Dogecoin vs. Shiba Inu. It was foretold in the dead meme scrolls back when the internet was just an “Ask Jeeves” loading page—doing what the interwebs do best and seeing just how far it can take something. A dog quickly became the foundation for “much fun” in stirring up financial markets. Why? Because it could, of course. Dogecoin launched itself into the public eye as the first-ever social experiment in just how “funny” money could become when a couple of “frens” get together and have a laugh. This creation is the origin of what’s known as “Meme Coins.”
After the creation of Dogecoin, many meme coins have come and gone in an attempt to capture the hearts and minds of the internet. That is where these ideas are born and nurtured, from BabyDoges and BuffDoges to PepeCash and CumRockets. The internet is never in short supply of lolz.
Finding a meme and turning it into a Coin seems like a simple enough requirement, but this alone wasn’t enough in the many offerings to satisfy the crypto gods a second time, on a count of it being too early to stray too far off the path of what works. It had to be something so close to the original that you could barely tell the difference. Imagine Rhino Coin trying to pull this off? Calling this new experiment Shiba Inu on Ethereum gave everyone the impression that it “came in peace.” Imagine our surprise when everyone started feeding it scraps off the table, and now it wants to sleep in Dogecoin’s bed. Is it possible for these two hilariously ironic titans of blockchain infamy to share a yard? Or does SHIB need to be re-homed?
With some of this information now absorbed, it’s essential to understand that meme coins are for fun. They’re a great way to immerse yourself in a new community and explore all the “when moons” accompanying it. What meme coins are not is a sound, safe, and reliable investment tool. By definition, they’re not to be taken too seriously or something to wager the house on. It’s just the internet having a little fun. That is where the broad perspective of this report is based when discussing “If Meme Coins Are Good Investments.”
What is the Difference Between SHIB & DOGE?
On the outside, you wouldn’t be the only one to assume one is just like the other. How different can two dog meme coins be, after all? At first glance, you wouldn’t be wrong. But, “digging” a bit further, you’ll find that the two differ significantly. Dogecoin holders have played a critical role in the rise of Shiba Inu. But this hasn’t taken anything away from the continued liquidity captured by Dogecoin during the same timeframe, which makes the entire Shiba Inu pandemonium that much odder. Signs point to someone very high on the Ethereum food chain as the culprit behind the initial funding to build Shiba Inu.
Control of the network is one of the biggest differences between SHIB & DOGE. This can be explored through several defining…
Jesse is a passionate seeker of truth who enjoys educating others about Bitcoin.
As a free thinker and 2nd amendment advocate, Jesse believes each individual has the right to monetary freedom.
“The swarm is headed towards us” -Satoshi Nakamoto
