Shiba Inu and Dogecoin have been market leaders for some time. As the largest and most popular memecoin, it paved the way for all other memecoins that came after it.
But its huge supply and lack of utility were just some of the problems that raised analysts’ doubts. Both projects are characterized by fluctuating prices, which raises many questions about their future and potential. For this reason, analysts believe that the launch of new cryptocurrencies could overtake Shiba Inu and Dogecoin.
One project that is often mentioned as an alternative to Shiba Inu and Dogecoin is Dogeverse, a cross-chain project that has had great pre-sale success. Which of these three is better? Let’s see in this coin meme comparison!
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Dogecoin is the industry’s leading coin and the first ever Meme Coin
Dogecoin is planned to be a meme with a fixed capital of 100 billion coins. But soon the project team removed this limit, and Dogecoin became the project with unlimited capital. This affected the project’s price and perceived value because unlimited supply reduced Dogecoin’s scarcity.
Despite this, the price of Dogecoin remained stagnant from 2013 until December 2020. After Elon Musk tweeted about the project, the price of Dogecoin rose by 339%. The Tesla CEO tweeted about the project on multiple occasions through 2021, sending its price soaring. But after the rise in prices, the downward trend in prices soon came. Since the beginning of the year, Dogecoin has been trading in the green but far from its all-time highs. After the huge rally in cryptocurrencies in March, Dogecoin has entered a difficult phase. In April, Dogecoin lost 14% of its value in one week. The project fell by 5.9% between April 12 and 13.
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The Shiba Inu is the best performer on the market!
Created as a Dogecoin killer, the Shiba Inu gained fame by donating 50% of its supply to Vitalik Buterin. The coin rose 300% after that, competing with Dogecoin. But then, SHIB saw a drop in prices. The next two years were ripe for this meme, and nothing significant has happened since this year.
But before the Bitcoin halving and during the meme craze, the Shiba Inu grew exponentially. In March 2024, Shiba Inu territory grew by 223%. But the recent decline in market performance has affected the Shiba Inu as well. The price of $SHIB has been declining since April. SHIB’s large supply also remains a big problem. To increase the price of $SHIB, the team must burn a large amount of coins. Experts predict that the project could do something like the Buterin Burn in 2024.
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The ultimate meme coin comparison: What is the best meme coin to buy? Dogeverse can be the best alternative to Shiba Inu and Dogecoin
Dogeverse is the latest meme cryptocurrency launch and the first true multi-blockchain project. The project adopts Wormhole and Portal Bridge technologies, allowing investors to navigate six blockchains. You can buy $DOGEVERSE on Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base and transfer your coins between them. Moreover, you can also get the benefits of these blockchains.
By leveraging advanced technical solutions, Dogeverse reduces fees and increases transaction speed across the aforementioned blockchains.
Dogeverse is represented by Cosmo, Doge’s first mobile series, and aims to connect different communities through a single platform. The project connects communities through a shared love of Doge memes.
Another benefit you get as an investor in Dogeverse is the APY from staking. If you stake your DOGEVERSE coins, you will receive 62% rewards. Analysts are waiting for a huge ROI for Dogeverse investors with the first CEX listings. Price forecasts say that DOGEVERSE will reach $0.00061 by the end of the year, $0.0012 in 2025, and $0.0066 by 2030.
Dogeverse is on pre-sale, and has so far raised more than $15 million in funding. The project has entered the final pre-sale phase, which means you don’t have a lot of time to invest in this project. Traders believe that this is the second best meme coin and could reach 100x in 2024.
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Dogecoin vs. Shiba Inu vs. Dogeverse: Key Differences
Width – The current width of the Dogeverse is smaller compared to the Shiba Inu. While there are $200,000,000,000 worth of DOGEVERSE coins, the Shiba Inu is at 589,289,410,812,691 and Dogecoin is at 144,272,416,384 coins. Focus and Purpose – Although the Shiba Inu and Dogecoin started out as Doge memes, they have different purposes. Dogecoin was created primarily for online transactions and tips, while Shiba Inu aims to bring more features to the world of cryptocurrencies. The project includes smart contracts and new functionality in its ecosystem. Dogeverse allows movement between multiple blockchains, allowing investors to use the currency on six blockchains. Utility – Dogeverse distributes Utility across six blockchains, allowing investors to easily switch between them, move $DOGEVERSE through them, and use each blockchain without interruption. Efficiency – Dogeverse uses the PoS (Proof of Stake) mechanism to enhance efficiency and transaction speed. The project aims to support growing transactions without compromising speed. Shiba Inu uses a less energy-efficient Proof-of-Work (PoW) system, while Dogecoin combines Scrypt, a simplified version of the hashing algorithm, with Proof-of-Work.
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The ultimate meme coin comparison: What is the best meme coin to buy?
Although Shiba Inu and Dogecoin are two leading meme currencies with a huge community and established reputation, Dogeverse has managed to overtake them and claim the title of industry leader.
Thanks to its revolutionary features, Dogeverse stands out, offering an unprecedented experience for investors. You can buy $DOGEVERSE across six blocks, move between them, and swap your coins seamlessly.
Here are the top reasons why Dogeverse wins the coin comparison battle:
You invest in a project with long-term interest and get a 62% annual return. You receive the benefits of six major blockchains. You are investing in a project with great forecasts that could reach 100x in 2024.
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