Will DOGE be defeated by SHIBA?

[Sophie Robert]

Dogecoin as well as Shiba Inu briefly generated tremendous investment returns. There’s optimism for a recovery in 2023 that will allow investors to revisit altcoins. There is always this hot question of Doge Vs Shiba INU.

Supply Factor -
Supply is another aspect that determines the value of currency and you can see that inflation increased as the supply of U.S. dollars jumped during the covid. Dogecoin can be used in unlimited quantities and 10,000 DOGE circulate every minute. Shiba Inu was built with the capacity of 1 quadrillion. This is more than 47 times the amount of U.S. money supply! There are 589 trillion tokens available in the present, which makes it likely that Shiba Inu can ever maintain any meaningful value per token.

As per the Coinpedia experts doge coin price prediction by the end of 2023 is $0.35 whereas Shiba INU price prediction is $0.00002962.

So possibilities of Doge defeating Shiba INU is more, also the musk effect can't be ignored for Doge.

[Muneeb22]

SHIB coin is a good coin and this coin future is very good and high and soon this coin will go high so much in future but the dogecoin is one of the best and good coin in the crypto market and so many peoples will know that this coin future is so much good because it is so much old coin in the market and soon this will go high and pump so much high when the whales will start to invest in this market.

[Muneeb22]

There is a big difference between the Dogecoin price and in the SHIB coin price and the dogecoin price is very high but the SHIB coin price will be low and soon this will go high and I hope in the market soon we saw the great pump and that movement is a great moment for the big investors which will invest their money and hold the coins.

[Sophie Robert]

Dogecoin Holders Are Profitable Than Shiba Inu Holders!

• Most Dogecoin (DOGE) holders are profitable, while Shiba Inu (SHIB) holders are faring worse, according to a blockchain analytics firm.
• IntoTheBlock reports that 56% of Dogecoin (DOGE) holders are profitable, while 34% are at a loss and 10 % are breaking even.
• In contrast, only 29% of Shiba Inu(SHIB) holders are profitable, while 67% are underwater according to Coinpedia.

[space_lion]

Shiba is strong, but will never overtake good 'ol Doge!

[Freemind]

Shiba Inu, Pepe Inu, fart Inu or "Put here the name you want Inu"... All those coins and tokens are "designed" for the same thing. It attracts small and medium-sized investors with little experience and raises the price so that they sell to those who come after. Absolutely all these "projects" have the same pattern, "decentralized project", "community driven" and similar things. But the reality is much simpler than all that, and there are people who pay dearly for fear of losing the "opportunity of a lifetime to get rich".

The problem with all this is not just that there are more people ruined. The problem is that many people see the cryptocurrency industry as a circus where 15 year olds do and say stupid things. Leaving serious and real projects with real world use cases in the background.

[cryptoworld1]

Can Shiba Inu overtake Dogecoin? During the height of SHIB's viral popularity in October 2021, Shiba Inu surpassed Dogecoin's market cap by almost $8 billion ($39.3 billion to DOGE's $31.4 billion). At the time SHIB rocketed into the top 10 cryptocurrencies by market cap.

[honglu69]

No, Dogecoin is king of meme, and will always be.  SHIBA will never surpass DOGE in market cap

[cryptoworld1]

Dogecoin has a first-mover advantage, a larger community and a significantly higher average price than Shiba Inu coin. . As of July 2023, Dogecoin's market cap is $9.61 billion, compared to $4.43 billion for SHIB. Winner: It's a tie. they both are same coin maybe tie.

[Cryptotips]

I don't like invest in meme coins as Shiba and Doge. Although Shiba is more popular now

[cryptoworld1]

Doge and SHIBA coins both are good because they both are meme coin I invest on both coin.Maybe the  dogecoin will be defeated by shiba.My point of veiw both coin are good.

[Paypolitan]

I personally think doge cant be defeated by shiba, as doge is the start of the memecoin universe. Its basically like BTC for crypto in general.

[sampoerna]

Shiba Inu, Pepe Inu, fart Inu or "Put here the name you want Inu"... All those coins and tokens are "designed" for the same thing. It attracts small and medium-sized investors with little experience and raises the price so that they sell to those who come after.

Numerous meme coins are emerged after the bullish era of Doge. But, so far, We can say that Shiba Inu is Doge's toughest competitor. and others may be only the hype projects to be left. Shiba Inu even provides concepts and fundamentals that are quite promising more than Doge. But the problem is, Doge is the father of meme coins. So, it seems a bit difficult to take over that position, the position of the pioneer. So, we need to continue to be alert and analyze carefully how the two move. because sometimes we don't need to be too fanatical about it. As long as we can make a profit, that's what is needed. In this case, I personally still quite believe that Doge will lead first rather than Shiba Inu.

[Muneeb22]

Doge and the Shiba Inu both coins are best and good and this time both coins value is high, this time if we invest in both coins we will need to hold that and sell when the bull is start. Doge coins value about the coinmarketcap report is high than the Shib coin, but the best coin for investment at this time the both and holding is the great option for long term.

[Wiseman]

You can argue and argue a lot but the most important fact about Doge token is that it is backed by the richest and most popular person in the world and no matter what Shiba team does they will not be able to compete with Doge, Personally I would bet on Doge coin.