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
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