Shiba Inu has performed outstandingly more than Dogecoin did. Robinhood recently conducted a survey to ask customers whether they like to include it into their crypto portfolios.
Shiba Inu is Doge killer
Shiba was introduced to try to overcome Dogecoin. Since Dogecoin is controlled by a handful of people, Shiba tried to improve to become more democratic and get more people opportunities to participate and be supported by the communities.
Why Shiba was successfully
Shiba had built a successful community. Even though many people join just for memes, Shiba had created its own culture to treat Doge as an enemy and promote itself to “kill” Doge for good.
Recent success raise
While the Dogecoin was quiet during the all-time high of Bitcoin, the Shiba had increased at least 200%. Partly because of the wave of memes, but it had improved to not only grow by memes but also become more real as the Doge killer.
What if Shiba replaced Doge
If Shiba replaced Doge, it will not only become the king of memes, but it needs to improve to become a payment option for others to adopt.
Shiba is bet of future memes crypto
Shiba May become another example for other memes tokens to follow. However, their networks need to scale up and improve to catch up the current technology. It also needs to evolve to define the goal to provide solutions of the future.
In conclusion
Shiba can become more successful if it can not only memes but to provide real solutions for the future. Maybe kill Doge is not the only goal for Shiba to accomplish.
Shiba Inu should be one of those coins that really has no value, much like one would argue for the Doge it wants to kill off. But here we are. Who knows where it goes from here, but it seems to be fast gaining in popularity and interest, and many of the price predictions I am seeing are off the charts.
Does it get to the 20 cents one YouTuber explained it could get to, especially if Robinhood announces it will include it? Who knows? In the meantime I have some and plan to HODL it until it either heads to Mars, or the center of the Earth. I will be happy to just see another zero erased.