Shiba Inu or Tamadoge: which one to choose?

In the last few months, we have seen the launch of many crypto projects inspired by meme culture. Called memecoins, these tokens often start out as parodies or jokes. While most disappeared into oblivion, some, like Shiba Inu or Dogecoin, managed to make their way to success and established themselves as high value cryptos.

While Dogecoin is now accepted as a payment method by some of the most famous companies, Shiba Inu laid the groundwork for a metaverse that seems promising.

True, memecoins won’t make you rich overnight, but memecoins can be a good long-term hedge against inflation. Before investing in a new project, you must first know the type of cryptocurrency you are buying, as well as its usefulness.

So, Shiba Inu or Tamadoge? To better understand the differences between these two memecoins, we invite you to read this article.

Shiba Inu (SHIB)

Shiba Inu is undoubtedly one of the most recognizable memecoins in the crypto asset market. However, the project was only launched in August 2020 by Ryoshi, a developer whose identity remains unknown until now.

As you may have noticed, Shiba Inu enjoys one of the strongest communities in the crypto ecosystem.

With 3.4 million followers on Twitter, the community grew at a very high rate. Its members are so loyal to their ecosystem that they have given themselves the nickname SHIB Army, which literally means SHIB army.

Crypto SHIB Price Predictions

At the time of writing, Shiba Inu is trading at about $0.00001308. Its market cap is $7,177,289,174.71, giving it a market share of 0.70%.

For the rest of 2022, SHIB crypto price is expected to reach a high of $0.00001530 and a low of $0.00001393. Its average price should hover around $0.00001441.

In 2023, memecoin price is expected to reach a high of $0.00002444 and a low of $0.00002063. Its average price should be around $0.00002135.

As such, the course of SHIB crypto will also depend on the success of its latest project, the SHIB metaverse.

Tamadoge (TAMA)

Pre-launched more than a month ago, Tamadoge is one of the newest memecoins in the cryptocurrency market. This token, which raised almost two million dollars during the first presale, has already unleashed passions within the crypto sphere.

In fact, the Tamadoge community is one of the fastest growing. Within a month of its launch, memecoin attracted nearly 50,000 investors.

Tamadoge has promised many plans to its followers, including TamaVerse. It is a metaverse where people can create, play and interact with pets in a Play to Earn system.

Shiba Inu or Tamadoge: expert advice

“Shiba Inu and Tamadoge have proven to be important cryptocurrencies. But before investing in a memecoin, it is important to make sure that we are not investing in a cryptocurrency that can cause us to lose money. Remember not like serious cryptocurrencies, memecoins generally do not add real value to society,” said Marcos Bravo Catalan, Director of Audit and Consulting at Beps Global Consultores.

For his part, Nicolas Tang, director of external communications at the trading and investment platform Phemex, pointed out that Shiba Inu “presents itself as a decentralized memecoin that thrives within a dynamic ecosystem. It is difficult to deny the impact of project. From his interesting story with Vitalik Buterin, token burning and donation [à l’Inde], with the launch of its DEX, SHIB knows how to attract attention. I’ve expressed my dislike of memecoins before, but I have to admit it’s hard not to fall for this adorable dog-inspired move. In the end, this helped increase the overall adoption of crypto, and I think that is a clear benefit for all of us. “

Shiba Inu or Tamadoge: which one to choose?

Shiba Inu and Tamadoge have many things in common. They are both memecoins and they both have metaverse projects.

Tamadoge is one of the new memecoins, while Shiba Inu has been around for a long time.

Shiba Inu recently announced the launch of their metaverse. For its part, Tamadoge has raised nearly $2 million in less than a month.

For many traditional investors who do not want to take risks, Shiba can be a good choice. But for those who have a taste for adventure, Tamadoge can be a good choice.

Disclaimer

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