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As the two titans of the budding meme kingdom, Shiba Inu [SHIB] vs Dogecoin [DOGE] is one discussion that has failed to leave the lips of the crypto community. Needless to say, the memes were one of the stars of the 2021 bull market.

Realistic or not, heres SHIBs market cap in BTCs terms

With their meteoric rise in 2021, investors and traders alike are now looking for the next big meme to hit the market. But for some, DOGE and SHIB both have the capability to replicate the performances that set them into the limelight. Now, the question is who will outshine the other?

Enter Shiba Inu, the token created as a medium of exchange in 2020, thanks to a self-serving community. Between 2020 and 2021, SHIBs value grew exponentially, by almost 982,000%.

DOGE, on the other hand, entered the market much earlier. For context, the coin was created in 2013 as a joke alternative to Bitcoin [BTC]. Thanks to the numerous tweets by Elon Musk, the coin was able to register an incredible 141,000% hike in the season when crypto newbies became dollar millionaires.

But as it stands, the value of DOGE and SHIB has felt the wrath of the market. At the time of writing, SHIB was 88.42% down from its All-Time High (ATH) while DOGE was down 89.21%.

Despite the drawdown, attention has not shifted away from these cryptocurrencies. For instance, Ethereum [ETH] whales have made it a priority to place SHIB as their most valued asset.

As of 27 March, WhaleStats reported that thousands of whales cumulatively held $606.55 million worth of SHIB. This data confirmed the interest in the token despite its discouraging performance.

Holding on to such a large amount could mean that investors have the conviction that SHIBs long-term performance could be worth the wait. Although Dogecoin hasnt done badly in terms of whales input, it was not able to get the recognition that SHIB has.

As of this writing, the number of addresses holding 1 million to 1 billion DOGE depleted from the highs recorded in January 2023.

With respect to utility, SHIB seems to have continued to outperform DOGE. As an addition to its concept of token exchange, the Shiba Inu team topped up with the Shibarium project. The project isa layer two (L2) blockchain that houses other tokens including Bone ShibaSwap [BONE], and Doge Killer [LEASH].

Although Shibarium was developed as a value-added project to the Shiba Inu ecosystem, the hype that came with the launch seems to have gone extinct. Additionally, its effect on SHIB was almost non-existent.

Even though the project has the support of Ethereums co-founder Vitalik Buterin, the team made sure that they did not only rely on the influence of external forces. The Dogecoin community, in contrast, heavily looks up to Elon Musk and Twitter payment support.

Shiba Inu tried to be independent of the Vitalik backing in many aspects, especially in the burning of its tokens. Yes, it is noteworthy to mention that Vitialik did impact the decision, but SHIB seems to have found its own path.

The goal of the burning mechanism is to help sustain the meme coin market value. This is done by sending some of the supply to dead wallets. And at press time, the total SHIB burntexceeded 410 trillion, with 7.26 million burned in the last 24 hours.

However, Dogecoin has a major advantage over Shiba Inu. Doge has its own blockchain unlike Shiba Inu, which operates on the Ethereum blockchain. Also, Dogecoins market cap is almost twice as that of Shiba Inu. This makes it the eighth-largest cryptocurrency in market value.

While DOGEs market cap was $10.89 billion at press time, SHIBs stood at $5.82 billion. The market capitalization here considers the circulating supply of a coin and its value into consideration.

Though Dogecoin has a greater market cap than Shiba Inu, the latter has a bigger circulating supply.

Surely, investors expect DOGE and SHIB to perform excellently when this market condition exits its final stage. However, there is no guarantee of which would outperform the other.

How much are 1,10,100 DOGEs worth today?

In fact, there is a new meme in townthe frog-themed PEPE. This token recently reacheda $100 million market cap and surpassed SHIBs trading volume. And since its tremendous surge within a few days, a sizable part of the market has tipped it to give DOGE and SHIB a run for their money.

Meanwhile, it is important to remember that several factors impact the performance of an ecosystem or token. The fact that both cryptocurrencies contribute immensely to market liquidity and excelled in one cycle is no guarantee that there will be a repeat.

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Shiba Inu vs Dogecoin: Which meme owns the next bull cycle? - AMBCrypto News

Dogecoin (DOGE) and Shiba Inu (SHIB) have seen impressive runs in 2021. Now in 2023 amid a bear market, investors are looking for alternate strategies to maximize their profits. One of the newer, yet promising crypto projects is HedgeUp (HDUP).

As the lockdowns raged on throughout 2020, Dogecoin (DOGE) emerged as an unlikely star. Riding the wave of Reddit-driven hype. Dogecoin (DOGE) was a fun way for the crypto community to express itself and make money in the process. What followed was a massive price surge that saw the asset appreciate significantly. Dogecoin (DOGE) made millionaires of many investors who managed to get in at the right time.

With Elon Musk championing it and the wider community rallying behind Dogecoin (DOGE), there was no stopping its meteoric rise. Dogecoin (DOGE) was still considered a joke by many, but it had become among the largest crypto assets in terms of market cap. Dogecoin (DOGE) has failed to repeat its success in the past two years, but its legacy remains. This means investing in Dogecoin (DOGE) now may not be the best idea as there are better alternatives.

Another crypto project that emerged out of the doldrums and made huge gains was Shiba Inu (SHIB). When news of the Shiba Inu (SHIB) project emerged, many investors were quick to jump on board. After all, Shiba Inu (SHIB) was a high-risk, high-reward investment opportunity. And it paid off for those brave enough to get in early. Shiba Inu (SHIB) may also just have been a meme token, but it managed to establish a strong base and continues to grow in value.

However, Shiba Inu (SHIB) is now creating a new breed of crypto investors that are looking for more than just memes and jokes. Shiba Inu (SHIB) may be developing some supporting dApps but ultimately, it is still a high-risk investment. Shiba Inu (SHIB) was praised by Ethereums founder Vitalik Buterin time will tell if Shiba Inu (SHIB) can live up to its potential.

>> Buy HedgeUp Now <<

HedgeUp (HDUP) is a decentralized finance platform that allows users to speculate on the price of a variety of physical assets represented digitally. The platform utilizes NFTs and blockchain technology to decentralize the ownership of these assets while providing security and transparency.

The HedgeUp (HDUP) platform allows users to invest in a variety of assets from gold to art, watches, and much more. This democratization of investments makes HedgeUp (HDUP) an attractive option for investors and traders. With a minimum investment of one dollar, anyone can get started with just a few clicks. As an early investor, up to a 30% bonus can be applied to your balance.

Find out more about the HedgeUp (HDUP) presale here:

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Success Leaves Clues: Dogecoin (DOGE) and Shiba Inu (SHIB) Investors also hold HedgeUp (HDUP). Are 2000% gains on the cards? - NewsBTC

04/16 update below. This post was originally published on April 14

BitcoinBTC and ethereum have each rocketed higher this week after a surprise bitcoin easter egg fueled a wild Satoshi Nakamoto identity theory.

Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market roller-coaster

The bitcoin price has topped $30,000 per bitcoin for the first time since June last year while the ethereum price has crossed the $2,000 per ether level, helped by ethereum's long-awaited Shanghai upgrade and Coinbase's chief executive revealing an exciting bitcoin upgrade.

Now, ethereum cofounder and the project's spirital leader Vitalik Buterin has said the network needs to urgently focus on solving its scaling issues before the next bitcoin, ethereum and crypto price bull run.

It's at the beginning of a bull run you need up-to-date information the most! Sign up now for the free CryptoCodexA daily newsletter for traders, investors and the crypto-curious that will keep you ahead of the market

"If we dont fix scaling before the next bull run, people are going to be stuck paying $500 transaction fees," Buterin said in a live stream reported by The Defiant ahead of the network's closely-watched upgrade that has been branded Shapellaa combination of Shanghai and Capella.

Buterin warned that if ethereum doesn't solve its scaling issues before the next crypto bull run, a spike in on-chain activity could result in ethereum users being hit with sky-high transaction feesas happened in previous bitcoin, ethereum and crypto price bull runs.

"The Shapella upgrade closes the loop on some things that are part of the PoS [proof-of-stake] transition but did not make it in time for the merge, withdrawals obviously being really important," Buterin said during the Ethereum Foundation live stream. "The immediate next focus after this is going to be scaling."

Ethereum's 'merge' to a proof-of-stake from bitcoin's more energy-demanding proof-of-work last year saw miners replaced with "validators" who can stake their ethereum to the network in return for "yield." This week's Shanghai upgrade means those who had already staked ethereum to the blockchain can now withdraw it.

04/16 update: The ethereum blockchain currently has just over $2 billion waiting to be withdrawn after topping $3 billion on Friday.

Some fear the looming wall of withdrawals that could be offloaded onto the market will add pressure to the ethereum price. However, this has failed to happen so far, with the ethereum price adding over 10% this week and topping $2,000 per ether for the first time since last summer.

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The upgrade has also re-ignited hopes that Wall Street and institutional investors could be about to pile into the market.

"The highly anticipated ethereum Shanghai upgrade is potentially game-changing and could be the catalyst towards digital assets becoming mainstream in the majority of funds," Mona El Isa, the chief executive of crypto-focused asset management company Avantgarde Finance, said in emailed comments, adding Avantgarde has "seen increased interest from institutional investors" looking to get into bitcoin, ethereum and crypto.

"This newfound liquidity will be seen as a move to de-risking digital asset allocations by institutional investors, who have previously been put off by ethereums old version that locked money in. With the removal of a major barrier, we would expect to see a rapid move towards investors staking ethereum, which could prove bullish for the price of the asset long-term."

I am a journalist with significant experience covering technology, finance, economics, and business around the world. As the founding editor of Verdict.co.uk I reported on how technology is changing business, political trends, and the latest culture and lifestyle. I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others. Follow me on Twitter @billybambrough or email me on billyATbillybambrough.com.Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies.

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Next Bull RullEthereum Founder Issues Bullish Prediction After Game Changing Upgrade Helps Bitcoin Price Rally - Forbes

Next Major Upgrade Is Expected In Early 2024

With the Shapella upgrades in the rear-view window, Ethereums developers will now prioritize delivering significant improvements to scalability, Ethereum creator Vitalik Buterin said in a livestream preceding the highly-anticipated forks.

Ethereums Shanghai and Capella forks, known as Shapella, went live on Wednesday at epoch 194,048, allowing Ethereum stakers to withdraw their Ether for the first time. The event was the networks first major upgrade since The Merge transitioned Ethereum to Proof of Stake consensus last September.

The Shapella upgrade closes the loop on some things that are part of the PoS transition but did not make it in time for the merge, withdrawals obviously being really important, Buterin said during an Ethereum Foundation livestream.The immediate next focus after this is going to be scaling.

Buterin warned that without improved scalability, a spike in on-chain activity could result in Ethereum users having to cough up hundreds of dollars for transaction fees just to transact on-chain, as frequently occurred during the previous bull cycle.

If we dont fix scaling before the next bull run, people are going to be stuck paying $500 transaction fees

Buterin confirmed that Ethereums next hard fork, rumored to take place sometime around the start of 2024, will include EIP-4844, also known as proto-danksharding.

Researchers say EIP-4844 will dramatically improve the scalability of Layer 2 rollups by replacing calldata with data blobs, which are less blockspace-intensive for the network to process. Buterin described minimizing transaction data as the primary bottleneck for scaling rollups.

Buterin said proto-danksharding could deliver a 10x improvement in scalability, adding that development towards EIP-4844 is moving forward quickly. He added that the upgrade paves the way for full sharding.

Buterin also praised Ethereums Layer 2 teams for their progress over the past 12 months, noting the launch of zkEVMs from Polygon and Matter Labs, and the impressive growth of Arbitrum and Optimism.

Looking ahead, Buterin said Ethereum is still in the throes of its most disruptive upgrades, predicting the network will enter a period of relative stability once Ethereums scalability roadmap is complete.

After this [next] fork is done, and then after scaling is done, were in a stage where the hardest and fastest parts of the Ethereum protocols transition are essentially over, Buterin said. Various things will need to be done, but those things can be safely done at a slower pace.

While speaking at a conference in Paris on July 21, 2022, Buterin said Ethereums transition to Proof of Stake would usher in a temporary phase of turbulent changes.

At some point, the rate of change of the Ethereum protocol is going to have to [slow down], Buterin said. It doesnt necessarily mean that Ethereum ossifies completely, but it does mean that it looks somewhat more like a system that optimizes for safety and predictability, and less like an ecosystem that optimizes for impressing and dazzling people.

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Vitalik Says Ethereum Will Focus On Scalability Post-Shapella - The Defiant - DeFi News

The world of cryptocurrency has seen a rise in meme coins, with Dogecoin being one of the most popular ones. Its success has led to the emergence of several other meme coins, including Floki Inu. The question now is, can Floki Inu challenge Dogecoin for the top memecoin?

This article will compare and analyse the similarities and differences between these two meme coins, their utility, and their value. We will also introduce Big Eyes Coin as a viable investment for the 2023/2024 bull market.

Dogecoin is a decentralised, peer-to-peer digital currency based on the popular Doge meme, created in 2013 as a joke by software engineers Billy Markus and Jackson Palmer. The Dogecoin community is known for its lightheartedness, humour, and charitable initiatives, making it one of the most relatable crypto communities and platforms.

Thanks to the endorsements by Elon Musk and the crypto community, Dogecoin has a market cap of over $40 billion, making it the top meme coin. The coins utility is limited and primarily used as a speculative investment. However, several businesses now accept Dogecoin as a form of payment, making it more practical.

Shiba Inu (SHIB) is a relatively new meme coin that has gained attention in the crypto community thanks to its founders engagement with Vitalik Buterin, the co-founder of Ethereum. Buterin was given half of the Shiba Inu supply, which he donated to Indias COVID-19 relief fund. This act of philanthropy made headlines and boosted Shiba Inus popularity.

While both Dogecoin and Shiba Inu have unique selling points, the question remains: whose support is more influential in the market, Musks or Buterins? The answer could be clearer-cut, as both have significantly impacted the coins value.

However, its worth noting that Musks tweets have a more significant reach, with the Tesla CEO having over 60 million followers on Twitter compared to Buterins 2 million. While one is a cryptocurrency leader, the other influences the cryptocurrencys price. As per usual, capitalism wins over philanthropy when it comes to amassing followers.

Big Eyes Coin, however, manages to do both. It is a deflationary token that aims to provide a long-term investment opportunity for its holders and change how they engage with finances and charitable endeavours.

The cat with big eyes wants to save the worldincluding its fish. BIG donates 5% of its assets to organisations that aim to save the ocean, including The Sea Shepherd and Orca Network.

The non-profit Orca Network, established in 1996, devotes its efforts to reporting on Salish sea whale issues, sightings, and events. On its website, Orca Network offers articles about marine animals and fact sheets about the Southern Resident Community of Orcas.

An organisation dedicated to protecting the oceans, The Sea Shepherd, was created in 1977. They stand up for all marine life, including krill, fish, and sharks. Good news for Big Eyes Coins cat companion! The coins value is expected to rise steadily as its supply decreases, making it a viable investment for the 2023/2024 bull market.

Big Eyes Coins utility is limited, but it aims to become a community-driven project that provides value to its holders. The coins website promises exciting community events and charity initiatives to engage its community.

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Opensea: https://opensea.io/collection/big-eyes-lootbox-cards

Excerpt from:

Elon vs Vitalik for Dogecoin and Shiba Inu as Big Eyes Coin ... - Analytics Insight