Better Buy for 2025: Dogecoin vs. Shiba Inu
The cryptocurrency market has been red hot lately, and top meme coins have been active participants in the powerful bull rally. Dogecoin (CRYPTO: DOGE) has rocketed 268% higher across the prior year's trading. The token now has a market capitalization of roughly $49.9 billion, and it ranks as the world's seventh-largest cryptocurrency. Meanwhile, Shiba Inu (CRYPTO: SHIB) has posted gains of 114% over the last year. It has a market cap shy of $13 billion and ranks as the 15th-largest cryptocurrency.
Both tokens claim the Shiba Inu breed of dogs made popular by memes as their mascot. They're also the largest and most popular meme coins in the world. Considering their shared traits and their positions in the market, which will wind up being the top dog in 2025?
As the largest meme coin by market cap, Dogecoin has an incumbent advantage. Even beyond that, Dogecoin was one of the first major cryptocurrencies created -- it was made as a spoof on Bitcoin in 2013. People who bought the dog-themed token and held on for the long term have wound up having the last laugh.
Source Fool.com
