Shiba Inu Dogecoin – what is the significant difference and who is the real winner? – Cryptomagazine

What is happening in the market with cryptomenami in the last 24 hours, there is an absolute madness that few of us have been able to imagine. A dog token, which basically has no significant foundation, totally eats all altcoins and even Bitcoin. Shiba Inu rewrites history.

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Shiba Inu Dogecoin

Dog meme coins are among the most popular tokens on the market. The volumes that rotate in them have been many times higher in the last period than in the case of BTC, or ETH. How is it possible? What do SHIB and DOGE have in common and how, on the contrary, are these projects different?

The executive editor of Bloomberg also relied on this issue, Joe Weisenthal. He explained why one of these tokens is more popular than the other and what he sees as the main differences. SHIB According to Weisenthal, it has two great advantages:

• More advanced technology thanks to the construction of a token in the network ETH.
• Token SHIB is much cheaper.

Shiba is simply more than just a meme coin. Although it may seem at first that the token offers essentially nothing but the Shiba Inu logo, this cryptocurrency has a decentralized ShibaSwap exchange that breathes competition to the back.

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And what about DOGE? He probably has beautiful times behind him. Nothing significant happens with the network. Just waiting for it when finally Elon Musk will post something on twitter. But even this act no longer has any weight.

“You may still think it’s just a silly joke and that there are much more serious cryptocurrencies that we should pay attention to. Maybe it is. One acquaintance, who is basically a long-term leader, told me that people will always hate something that is not serious. Take Marvelovs, for example. There are still people who hate those movies even though they make millions. ”

Everyone talks about $ SHIB like it’s just some joke derivative of a joke.

But unlike $ DOGE, it has a fast moving development roadmap, its own decentralized exchange, NFTs, and advanced smart contracting capabilities.

And of course it’s WAY cheaper nominally.

– Joe Weisenthal (@TheStalwart) October 27, 2021

And what Weisenthal predicted eventually came true. Shiba Inu was able to catch up and swallow DOGE.

$ shib has flipped $ doge and now $ USDC on @coingecko to move to the 9th spot ? pic.twitter.com/E89nnsLpel

– iba Shiba Inu Army / Community ? (@ShibaAustralia) October 27, 2021