Better Crypto to Own in 2023: Dogecoin or Shiba Inu?
Sometimes it's better to be lucky than good; investors in meme token cryptocurrencies like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) massive returns at the height of the crypto bull market in 2021. But the good times are over for now; rising interest rates have cooled investor appetite for risker assets like crypto, and these two coins have given back a lot of those gains.
There's hope for a market rebound in 2023, which could give investors the confidence to venture back into altcoins. But don't rush to pile into these meme coins; consider the market's landscape and this vital information before putting your hard-earned money to work.
Functioning as digital currency is the fundamental purpose of many tokens. A coin has to have functionality; otherwise, why would anyone desire it? It would be like getting your paycheck but being unable to spend it. Fiat currency has value because it's accepted just about everywhere, even in most foreign countries.
Source Fool.com
