SHIBA INU VS BITCOIN: WHICH WILL BE A BETTER INVESTMENT FOR YOU IN 2023?

Let’s look at the difference between Bitcoin and Shiba Inu to decide which cryptocurrency is better
When it comes to cryptocurrencies, there’s Bitcoin and then there’s everyone else. While there are more than 20,000 different types of cryptocurrencies in existence, Bitcoin is far and away, the most popular and dominant coin on the market. But what if there is a cryptocurrency or a meme coin to be exact that can be considered a better investment option? The Shiba Inu Coin has been in the limelight for several reasons, though its current value is not very high. However, the coin is taking over a lot of the crypto market and proving itself an excellent choice for investors.

Shiba Inu
Shiba Inu is one of the many meme coins that entered the market in 2020 when FOMO started building up around Dogecoin. It gained traction quite fast and rose to become one of the hottest meme coins ever created. Besides its status as a meme coin, Shiba Inu use cases are on a growth trajectory both as a transactional currency and in the emerging metaverse space.

At the moment, Shiba Inu has a higher utility value than Dogecoin. With its Shibarium layer-2 solution, transaction costs are getting lower, which means a higher potential for adoption as a currency. Besides, with the recent launch of the Shiba Inu Metaverse, a lot more people are likely to be attracted to Shiba Inu as NFT gaming gains traction.