Shiba Inu or Tamadoge? or both? The world of cryptocurrencies offers consumers a variety of investment opportunities. So let’s take a look at the latest cryptocurrency investment ideas.
In recent months we have been able to see a rapid increase in the launch of crypto projects that have come out of the meme culture. Memecoins usually start as a joke. But some have gained traction and captured the imagination of millions. Some have even found ways to use them productively, whether it’s to pay for things, like Dogecoin, or for use in the related Metaverse, like with Shiba Inu.
While you probably won’t be able to retire on a memecoin investment, it can be an interesting long-term hedge against inflation.
Before starting to invest in a new project, we need to understand what kind of cryptocurrency we are buying, and what kind of utility it can provide to the user.
In this article, we will analyze which is the best option for an investor between the famous Shiba Inu (SHIB) and Tamadoge (TAMA) cryptocurrencies.
Shiba Inu is considered one of the most famous memecoins in the cryptocurrency market. It was started in August 2020 by a person whose identity is unknown – but they use the nickname Ryoshi.
The community behind Shiba is one of the strongest within the crypto ecosystem.
With 3.4 million followers Twitter, the community is experiencing rapid growth. They are so loyal to their ecosystem that they are called the SHIB army.
At the time of writing, the cryptocurrency was trading at a price of $0.00001308. The cryptocurrency has a market cap of $7,177,289,174.71 with a market dominance of 0.70 percent.
For the remainder of 2022, the SHIB price is expected to reach a high of $0.00001530 and a low of $0.00001393. The average exchange price is expected to be $0.00001441.
By 2023 the SHIB price is expected to reach a high of $0.00002444 and a low of $0.00002063. The average exchange price is expected to be $0.00002135.
If the value of the cryptocurrency rises as predicted, it will be a result of the success of its latest project, Shiba Metaverse.
Tamadoge is one of the most recent memecoins in the cryptocurrency market. The cryptocurrency was pre-launched just a month ago. Aiming to raise around two million dollars in its initial presale, Memecoin has generated high expectations within the crypto market.
The Tamadoge community has proven to be one of the fastest-growing communities, approaching 50,000 users in less than a month since its pre-launch.
Tamadoge has a serious project behind it, called TamaVerse. In this Metaverse, it is expected that users can create, play and interact with various pets in it under a play-to-earn format.
Shiba Inu vs Tamadoge: The Experts Weigh In
Marcos Bravo is director of Catalan auditing and consulting firm Beps Global Consultants. “Both Shiba and Tamadoge have proven to be important cryptocurrencies. Before investing in MemeCoin, it is important to be sure that we are not investing in a cryptocurrency that could potentially lose money. Remember, MemeCoins generally do not add any kind of real value to society, unlike other serious cryptocurrencies.
Nicholas Tang is Director of External Communications at crypto trading and investment platform Phemex. “SHIBA Token describes itself as a decentralized meme token that evolved into a vibrant ecosystem. It’s hard to deny the impact the project has had. From its colorful history involving Vitalik Buterin’s token burn and donation, to the launch of its DEX, how SHIB commands attention Sure knows. I’ve mentioned my distaste for meme tokens in the past, but I have to admit that it’s not hard to be fascinated by this cute dog-inspired movement. Ultimately, it’s helped increase overall crypto adoption, and I believe it’s for all of us. is a net gain for
SHIB vs TAMA: Which is the Better Investment?
The Shiba and the Tamadoge share some characteristics. Both are memecoins and behind both cryptocurrencies is the Metaverse project.
Tamadoge is one of the newest in the memecoin world. Shiba has been in the market for some time.
Shiba recently announced the launch of its Metaverse. And, Tamadoge has raised almost 2 million dollars in less than a month.
For less risky and more traditional investors, Shiba is positioned as the right choice. But for those with a taste for risk, Tamadoge is a good choice.
Shiba Inu, Tamadoge, or something else to say? Write to us or join the discussion on our Telegram channel. You can also catch us on Tik Tok, Facebook, or Twitter.
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