Dogecoin vs Shiba Inu: Which Meme Coin is Best-Performing?

Market analysis of two biggest rivals in meme coin sphere

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Billy Marcus and Jackson Palmer launched Dogecoin in 2013 as a jest at Bitcoin. Dogecoin was created based on a meme based on the Japanese hunting dog Shiba Inu. Shiba Inu, introduced in August 2020 as the"Dogecoin killer," gained attention for its unique approach of donating 50% of its total supply to Vitalik Buterin, the Ethereum creator. The token surged by over 300% within a month, rivaling Dogecoin's frenzy in early 2021. It even rivaled Ethereum's trading volume in October 2021.

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