Shiba Inu coin is the new Dogecoin
It is also not surprising that the two crypto coins are similar in name and appearance. At the moment, Shiba Inu coin is gaining a lot of popularity.
If you want to go for the most secure choice, if you want to go for the safest choice, it is best to choose Bitcoin. It is the best known coin and has historically performed well. A bigger risk, but where more money can be made with a small wallet, are the altcoins. Especially new altcoins that rise in values with the necessary dose of attention.
In the past, Dogecoin was the currency to have. Yes, for the hype of course. Otherwise you were too late. We now see a similar aspect happening with the Shibu Inu coin. This crypto coin is only a good year old. However, since its launch, the coin has appreciated 70,000,000%. Look, that’s another return.
This is absolutely not financial advice to do anything with this. Altcoins such as Shiba Inu coin are extremely subject to hypes. If you know what you are doing as a trader, you can earn a lot of money with these types of coins. The altcoin is breathing down Dogecoin’s neck. Because right now, Shiba Inu is at number 11 in the CoinMarketCap list with a market value of 30 billion dollars. Dogecoin has a value of 31 billion dollars and therefore slightly more.
