Crypto Mufasa
Advertise
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
  • Login
  • Register
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
Crypto Mufasa
No Result
View All Result

Home » Dogecoin And Shiba INU Will Be The Next Major Cryptocurrency!

Dogecoin And Shiba INU Will Be The Next Major Cryptocurrency!

Hania by Hania
July 17, 2022
in Altcoin News, General News
Reading Time: 7 mins read
A A
0
Dogecoin vs. Shiba Inu: A Comprehensive Guide to Memecoin Investments
Share on FacebookShare on Twitter
ADVERTISEMENT

Table Of Content:

Toggle
  • Dogecoin Surpasses Bitcoin
  • Shiba Inu’s Expansion

Highfliers such as Dogecoin (DOGE) and Shiba Inu (SHIB) have truly grabbed the attention of the public at large in the world of digital currency.

Although a substantial percentage of the nominal gain in the price of the cryptocurrency market over the past two years may be attributed to Bitcoin and Ethereum, its highfliers like Shiba Inu (SHIB) and Dogecoin (DOGE) have really caught the eye of the general public.

In addition to setting trends and launching a wave of peer-to-peer, decentralized cryptocurrencies, Bitcoin has also come to represent the industry norm.

Considering Bitcoin isn’t the only cryptocurrency out there, it’s important to research the alternatives to see which ones are flourishing. Some consider Dogecoin (DOGE) to be the first “memecoin,” and in 2021 its price explosion caused a stir.

You May AlsoLike

Polymarket Bets

March 2025 Polymarket Bets Boom for Bitcoin, XRP, ETH, AI, and DOGE – The Future of Cryptocurrency Trading!

March 1, 2025
Ethereum’s Pectra Upgrade

3 Essential Insights from Recent Developer Call on Ethereum’s Pectra Upgrade

March 1, 2025

Some significant businesses accept the coin, which has a Shiba Inu image as its avatar, as payment. Shiba Inu is also working to transform itself into more than just a meme coin.

A decentralized exchange (DEX) and a non-fungible token incubator (NFT) have recently been introduced by the Shiba Inu ecosystem in an effort to provide the SHIB token with some much-needed functionality.

Dogecoin Surpasses Bitcoin

Dogecoin And Shiba INU Will Be The Next Major Cryptocurrency!

In some aspects, Dogecoin has already surpassed Bitcoin. In others, the cryptocurrency with the cute dog mascot lags far and away behind the biggest and most established cryptocurrency.

Due to the fact that Doge is a distant relative of the Bitcoin system, with some modifications along the road, the technical platforms are also extremely similar.

After coasting along with modest price increases for a number of years, Dogecoin shot to fame in the early 2021 social media storm.

One of the best performers in the cryptocurrency market was Dogecoin, which peaked in May before progressively declining in the months that followed.

There are still a lot of reasons to be positive about Dogecoin’s future, as well as the coin’s developers are determined to add new use cases to strengthen its value proposition.

In the end, despite having a great deal of genetic and historical similarities, these two cryptocurrencies differ greatly in terms of their practical applications.

If anything, Dogecoin could compete with Litecoin or Ripple as a reliable platform for money transfers, but even that goal appears unattainable given Dogecoin’s impending inflation and weak enforcement approach to data protection.

Shiba Inu’s Expansion

Dogecoin And Shiba INU Will Be The Next Major Cryptocurrency!

The top-performing publicly traded stock that isn’t a microcap will likely increase by 2,000 percent or even more on average per year. Shiba Inu may have produced the single largest one-year gain from an investable asset we’ve ever seen last year.

Despite scathing criticism and unfavorable investor evaluation, the self-described “Dogecoin-killer” has shown to be considerably more significant. In 2021, the Shiba Inu coin generated enormous profits and astounded the cryptocurrency market with rising revenues.

The enhanced visibility of SHIB was the primary factor in its unstoppable performance in 2021. The token’s market liquidity and investor base increased along with its level of popularity and market value. Shiba Inu celebrated the one million mark in its population in 2021.

In fact, it surpassed Bitcoin and a few other notable cryptocurrencies in 2021 to become the most searched cryptocurrency. ShibaSwap, a decentralized exchange, was founded in July, which also aided its cause.

Google Search Indicates a “Lack of Interest” in Bitcoin

According to statistics from Google Searches, it appears that retail investors’ demand for Bitcoin has decreased over recent months.

The frequency of searches on the most popular search engine reflects the behavior of smaller investors, who frequently enter the market during the strongest bull runs.

Back in late 2017, when BTC surged to its then-ATH at almost US$20,000, this was the scenario.

Disclosure: The information in this post is entirely the author’s opinion, does not constitute investment advice, and is only being made available for informational reasons. By doing so, you acknowledge that the information is not intended to serve as investment advice or financial guidance. Before making any investment decisions, be sure to do your own research and consult with financial professionals.

Other Trending Articles

DOGECOIN HAS GROWN BY 78,000% SINCE ITS RECORD LOW.

THE 4 KEY FACTORS INFLUENCING THE PRICE OF CRYPTO 

CRYPTO BEAR MARKET OPPORTUNITIES

Tags: DOGEshiba inu
Share76Tweet47
ADVERTISEMENT
Previous Post

Everything You Need To Know About Smart Contracts In 2022 

Next Post

The 3 Most Promising Blockchain Platforms For Developing Smart Contracts

Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

Related Posts

Polymarket Bets
General News

March 2025 Polymarket Bets Boom for Bitcoin, XRP, ETH, AI, and DOGE – The Future of Cryptocurrency Trading!

March 1, 2025
Ethereum’s Pectra Upgrade
General News

3 Essential Insights from Recent Developer Call on Ethereum’s Pectra Upgrade

March 1, 2025
Cramer Suggests Saylor Should Plan for a Strategic Bitcoin Reserve
General News

Cramer Suggests Saylor Should Plan for a Strategic Bitcoin Reserve

February 28, 2025
MetaMask Ethereum Wallet Expands Support for Both Bitcoin and Solana
Crypto Wallets

MetaMask Ethereum Wallet Expands Support for Both Bitcoin and Solana

February 28, 2025
Bitcoin Bull Run Could Continue, says CryptoQuant CEO - Unless This Critical Threshold Is Breached
General News

Bitcoin Bull Run Could Continue, says CryptoQuant CEO – Unless This Critical Threshold Is Breached

February 28, 2025
Solana Futures Launch at CME Boosts Price Amid High Demand
General News

Solana Futures Launch at CME Boosts Price Amid High Demand

February 28, 2025
Next Post
How to Develop Smart Contracts on Ethereum: Step-by-Step Guide

The 3 Most Promising Blockchain Platforms For Developing Smart Contracts

Discussion about this post

Live Prices

You have not selected any currency to display

Stay Connected

You May Also Like

  • Bitcoin Halving Update: Bitwise CEO's $100k Price Projection Sparks Excitement

    Why the Bitcoin Halving Is Happening Sooner Than Anticipated

    239 shares
    Share 96 Tweet 60
  • MetaMask Ethereum Wallet Expands Support for Both Bitcoin and Solana

    197 shares
    Share 79 Tweet 49
  • March 2025 Polymarket Bets Boom for Bitcoin, XRP, ETH, AI, and DOGE – The Future of Cryptocurrency Trading!

    196 shares
    Share 78 Tweet 49
  • OKB Price Prediction 2023 – 2030: Will OKB reach $200?

    201 shares
    Share 80 Tweet 50
  • November’s Bitcoin Price Forecast: A Bullish Odyssey

    196 shares
    Share 78 Tweet 49
  • About Us
  • Contact Us
  • Work With Us
  • Privacy Policy
  • Terms Of Service

© 2022-2024 CryptoMufasa - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms Of Services and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Price Predictions
  • Google News

© 2022-2024 CryptoMufasa - All Rights Reserved!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Don’t Miss Out on the Best in Crypto!

Stay ahead with a weekly digest of the top news and insights—no spam, no ads, just the essential updates delivered straight to your inbox. Subscribe now for valuable content you can trust!

johnsmith@example.com
subscribe to email

Never see this message again.