Key Points Dogecoin and Shiba Inu are both priced under $1. They aren't equally likely to reach that target. It's key to have an investment thesis before buying an asset. 10 stocks we like better than Dogecoin › Some price goals take on a life of their own, and in crypto, many coins have long aspired to reach the mythical $1 target. It sounds like an achievable benchmark -- even when tokenomics guarantee that it isn't. For beloved meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu, (CRYPTO: S ...

Key Points Bitcoin has underperformed Dogecoin during the past five years. Dogecoin still has a more difficult growth path than Bitcoin. Shiba Inu should, in theory, have an easier time growing than Dogecoin. 10 stocks we like better than Dogecoin › Is it worth chasing meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), or should you keep it simple and buy Bitcoin (CRYPTO: BTC), the big and boring asset that large investors are actually accumulating? Considering that Dogecoin is ...

pump.fun, pump. Photo by BeInCrypto Iggy Azalea's Mother Coin jumped 25% following the launch of Thrust, a Solana-based platform designed to bring transparency to celebrity-backed tokens. The development comes as Bitcoin and Ethereum face significant price declines, prompting investors to explore alternative digital assets. With several high-profile token launches planned before year-end, the memecoin sector is attracting renewed attention amid broader market volatility. Thrust Platform Introduces Regul ...

Group 1 - The market is currently influenced by meme stocks and meme coins, which can create a false sense of urgency and excitement for investors [1][2] - Popularity of meme assets often leads to inflated valuations without solid fundamentals, making them risky investments [4][5] - Dogecoin, as a prominent meme coin, lacks a hard cap on supply and issues approximately 5 billion new coins annually, leading to potential long-term dilution [6][7] Group 2 - Even fundamentally sound companies can become poor investments if their stock prices become detached from business realities, as seen with meme stocks [8][10] - AMC Entertainment, once a meme stock, has seen its value decline by 81% over the last five years despite efforts to stabilize operations and refinance debt [11]

Key Points Shiba Inu is rising after selling off in response to macroeconomic and geopolitical catalysts. Some investors have been treating yesterday's pullback as a buying opportunity. 10 stocks we like better than Shiba Inu › After sell-offs yesterday, Shiba Inu (CRYPTO: SHIB) is rising in Friday's trading. The cryptocurrency's token price had climbed 4.7% over the past 24 hours of trading as of 3:10 p.m. ET. Over the same period, Bitcoin was up 1.9%, and Ethereum had risen 2.9%. There doesn't a ...

Core Insights - Meme coins are generally viewed negatively and are often advised against, but they can offer excitement due to the potential for significant price increases [1][9] - They are not considered traditional investments, but there are strategies to engage with them safely [6][9] Investment Strategy - Investors are encouraged to allocate a small portion of their portfolio, ideally no more than 1% to 2%, for meme coins, treating it as "fun money" [3][6] - For example, with a starting investment of $3,000, setting aside $30 to $60 for meme coins is suggested, while the majority should be invested in more stable assets [3][4] Trading Guidelines - Due to the volatility of meme coins, it is important to establish selling limits, such as selling a portion of the investment if it gains or loses 25% [5][6] - Sticking to these limits allows investors to treat meme coins as short-term speculative plays while ensuring that the bulk of their portfolio remains in solid investments [6][9] Market Comparison - The Motley Fool Stock Advisor has identified ten stocks that are considered better investment opportunities than Dogecoin, highlighting the potential for higher returns in traditional stocks [7][9] - Historical examples of significant returns from stocks recommended by the Motley Fool illustrate the potential benefits of focusing on established investments over meme coins [8]

Key Points Shiba Inu fell today as investors reacted to news about interest rates. While the Federal Reserve cut the benchmark interest rate yesterday, investors may not be getting another cut in December. News about the U.S.'s trade agreement with China may also be weighing on the crypto market today. 10 stocks we like better than Shiba Inu › Shiba Inu (CRYPTO: SHIB) has been falling rapidly Thursday. The cryptocurrency's token price had sunk 7.3% over the past 24 hours of trading as of 6:20 p.m. ...

Key Points In more than a decade, Dogecoin has never hit the $1 mark. Dogecoin was once a novelty investment, but there are now literally thousands of different meme coins. Elon Musk's creation of DOGE was supposed to revive Dogecoin, but it's still down 38% for the year. 10 stocks we like better than Dogecoin › The first thing you need to know about Dogecoin (CRYPTO: DOGE) is that it has never traded higher than a price of $0.74 since it launched in 2013 -- and that happened all the way back in ...

Key Points Shiba Inu's price could benefit from lower interest rates, changes in crypto regulation, and rising utility. While these catalysts may help Shiba Inu, a $1 price target would imply a market cap of $589 trillion -- beyond unrealistic. For Shiba Inu to reach $1, a coordinated coin burning effort of global proportions is required. 10 stocks we like better than Shiba Inu › When investors think about mainstream cryptocurrencies, names like Bitcoin, Ethereum, or XRP often surface first. In t ...

Core Insights - Shiba Inu (CRYPTO: SHIB) has not experienced the same rally as other meme stocks in 2023, despite a favorable environment for cryptocurrencies [1][4] - The meme coin has lost nearly half of its value since the beginning of the year, with a current market cap of approximately $6 billion, placing it behind 20 other cryptocurrencies in terms of value [2][8] - The decline in Shiba Inu's popularity may be attributed to a shift in investor interest towards other cryptocurrencies and investment options, including stablecoins and new crypto IPOs [6][7] Market Conditions - The Trump administration's favorable stance towards cryptocurrency, including plans for a Digital Asset Stockpile, has not translated into gains for Shiba Inu [4][8] - Despite a general appetite for risk in the market, as evidenced by the rise of meme stocks and decreasing interest rates, Shiba Inu has not benefited from these trends [5][8] Investor Behavior - The growing number of investment options in the crypto space, including Bitcoin, meme coins, and stablecoins, may be diverting speculative investors away from Shiba Inu [6][7] - The emergence of new crypto IPOs, such as the Gemini Space Station, has further expanded the choices available to investors, potentially impacting Shiba Inu's market position [6][7]