𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻 𝘀𝗵𝗶𝗯𝗮𝗶𝗻𝘂 𝗰𝗼𝗺𝗽𝗮𝗿𝗶𝘀𝗼𝗻

Dogecoin ($DOGE ) was created in 2013 as a joke, while shiba inu $SHIB was launched in 2020 as a competitor to DOGE.

DOGE operates on its own blockchain using Proof of Work (PoW), whereas SHIB is an ERC-20 token on Ethereum, leveraging Proof of Stake (PoS) for scalability and energy efficiency.

DOGE has an unlimited supply with 5 billion new coins minted annually, while SHIB has a fixed supply of 1 quadrillion tokens, with most of it burned or locked away.

Transaction Speed: DOGE processes around 33 transactions per second (tps), while SHIB can handle up to 200 tps.

Use Cases: DOGE is widely accepted for payments and tipping, while SHIB offers additional utility in decentralized finance (DeFi) and non-fungible tokens (NFTs).

Current Market Data:

Dogecoin ($DOGE):

- Current Price: $0.18

- Market Cap: $26.11 billion

- 24-hour Change: 1.34%

- Shiba Inu ($SHIB):

- No current price data available, but SHIB's market capitalization was around $13.25 billion as of November 29, 2024

Both DOGE and SHIB are considered high-risk investments due to their price volatility.

DOGE's first-mover advantage and larger community may provide stability, while SHIB's DeFi ecosystem and additional utility could drive growth.

Ultimately, the choice between DOGE and SHIB depends on individual risk tolerance and investment goals.

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