Better Buy: Dogecoin, Shiba Inu, or Bitcoin?
The cryptocurrency industry plunged into a cold winter during 2022. The cumulative value of every coin and token in the market fell to just $828 billion, down from a peak of $3 trillion in 2021.
A string of high-profile collapses across the crypto industry -- headlined by the failure of the FTX exchange -- eroded investors' confidence and drove the losses. But the industry has emerged in a much stronger position, and the total value of all cryptocurrencies in the market now sits at a new record high of $3.5 trillion.
The industry's leading coins and the most speculative meme tokens alike have delivered gains in 2024. Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and Bitcoin (CRYPTO: BTC) have logged returns of 362%, 146%, and 121% this year so far, respectively. So, which one is the better buy for investors?
Source Fool.com
