what is the best memecoin to trade cryptos in 2022?

The year 2021 has seen the rise of memecoins like Dogecoin and Shiba Inu. The latter was launched to challenge the Dogecoin. The capitalization of SHIB is growing more and more and could exceed that of DOGE in the coming months.

The Dogecoin is the largest memecoin, that is to say a cryptocurrency created to allude to a meme, therefore having no utility functionality. However, this cryptocurrency has grown exponentially in 2021 and has remained in the top 10 of the Coinmarketcap ranking for several months. It is therefore an interesting investment vehicle.

Our opinion on crypto Shiba Inu (SHIB)

The Shiba Inu can go far by integrating DeFi. This may interest you: 3 promising cryptocurrencies to invest in 2022: Polygon (MATIC), Decentraland (MANA) & Hedera (HBAR). The project would therefore combine business with pleasure; or rather the useful as a joke!

Price Volatility Notice

The price of SHIB is still very volatile compared to Dogecoin. This may interest you: Crypto Tether (USDT) Vs USD Coin (USDC): Which is the Best Stablecoin of 2022? Reviews & analysis.

Medium Term SHIB Price Prediction

Shiba Inu has come down to attractive prices and has more rebound ability than Dogecoin. See the article: The best cryptocurrencies to buy to make money in the long term: Ethereum (ETH) and Binance Coin (BNB).

Long Term SHIB Price Prediction

The Shiba Inu lacks big business or celebrity adoption for the cryptocurrency to once again perform stellarly.

Stellar Mirror Mag Global Rating: 7/10

Our opinion on crypto Dogecoin (DOGE)

Dogecoin is certainly popular, but the project does not have a utility platform that could justify its long-term existence. Other memecoins that develop utility platforms like the Shiba Inu could overshadow it.

Price Volatility Notice

Dogecoin is relatively stable after its 2021 rally. The cryptocurrency is becoming more and more suitable for payments for goods and services.

Medium Term DOGE Price Prediction

Dogecoin (DOGE/USD) could hold above $0.2.

Long Term DOGE Price Prediction

We should no longer hope for an astronomical increase in the DOGE. The price is now stabilizing and remains a good asset for the trading tidy.

Stellar Mirror Mag Global Rating: 6/10


67% of retail investor accounts lose money when trading CFDs with this provider. You should ask yourself if you can afford to take the high risk of losing your money.

The information provided on this website should not be taken as investment advice, financial advice, trading advice or any other kind of advice and nothing on the website should be considered as such. Mirror Mag does not recommend that you buy, sell or hold cryptocurrencies.

Mirror Mag is likely to receive compensation through affiliate links.

Leave a Comment