Why did Shiba inu failed to make it as big as bitcoin ?

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artem
Posts: 61
Joined: Tue Sep 19, 2023 12:17 am

Why did Shiba inu failed to make it as big as bitcoin ?

Post by artem »

Last year when shiba inu was rising, everyone was saying that it will leave bitcoin behind. But nothing of that sort happened. Why did this coin fail ?
gosteeva
Posts: 97
Joined: Wed Sep 06, 2023 1:17 pm

Re: Why did Shiba inu failed to make it as big as bitcoin ?

Post by gosteeva »

artem wrote: Wed Nov 08, 2023 3:24 am Last year when shiba inu was rising, everyone was saying that it will leave bitcoin behind. But nothing of that sort happened. Why did this coin fail ?
Shiba inu failed to become as big as Bitcoin because

1) Bitcoin was the first crypto. As a result, it is always in news and many new investors are hyped to invest in this.

2) Shiba inu is just a meme coin. But Bitcoin has lot of real time applications.
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