Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Pudgy Penguins (CRYPTO: PENGU) has traded mostly flat over the past month, even as fundamental developments strengthen the meme coin's longer-term outlook. Cryptocurrency Ticker Price Market Cap 7-Day Trend Pudgy Penguins (CRYPTO: PENGU) $0.009500 $597.3 million -3.5% Dogecoin (CRYPTO: DOGE) $0.1222 $20.6 billion -2.5% Shiba Inu (CRYPTO: SHIB) $0.057666 $4.5 billion -1.9% ...

Key Points Shiba Inu depends on having a strong community of supporters to hold up its price. With the price down 91% from its peak, this token’s best days might be long gone. The smart choice for long-term investors is strikingly clear. 10 stocks we like better than Shiba Inu › As a largely unregulated, rapidly evolving, and high-potential asset class, the cryptocurrency industry certainly brings in market participants looking for quick profits. Coinmarketcap.com keeps track of a whopping 31 mill ...

Core Viewpoint - The cryptocurrency market has shown significant volatility, with established tokens like Bitcoin, Ethereum, and XRP generally providing returns for long-term investors, while caution is advised for newer or less established tokens [1][2]. Group 1: Shiba Inu (SHIB) - Shiba Inu launched in August 2020 and became popular as a meme coin, but it has lost approximately 90% of its peak valuation from 2021 [3][7]. - The project has implemented burning mechanisms to reduce the total coin supply, but the impact has been minimal, and there is a lack of developer projects supporting the token [5]. - The metaverse project associated with Shiba Inu has failed to gain traction, with low engagement levels and delays leading to its classification as unsuccessful [6][7]. Group 2: Bitcoin Cash (BCH) - Bitcoin Cash was created by forking the Bitcoin blockchain in August 2017, offering lower transaction fees and faster processing times [8]. - Over the past year, Bitcoin Cash's price has increased by approximately 44%, while Bitcoin's price has decreased by 6%, giving it a market cap of around $12.7 billion, ranking it as the 11th-largest cryptocurrency [9][10]. - Despite its growth, Bitcoin Cash's market cap is still a small fraction of Bitcoin's $1.8 trillion, and institutional adoption remains low, raising concerns about its long-term viability compared to Bitcoin [10][11].

Photo by BeInCrypto The Shiba Inu price has opened 2026 with a sharp rebound. SHIB is up nearly 30% in the first week of the year and almost 48% from December 31 lows. The move stands out after a weak year, but on-chain data shows this rally may be a paused downtrend, not a confirmed breakout yet, unless one group of buyers comes in. Meme Coin Sector Push, Not Spot Buying, Drove SHIB’s Rally The SHIB rally lines up closely with a broader surge in meme coins. Over the past seven days, the meme coin sec ...

The global cryptocurrency market has long been driven by the fortunes of bitcoin, and with good reason. Its dominance is such that when the price of bitcoin goes down, other cryptocurrencies suffer the fallout. But bitcoin isn’t the only crypto out there. Some may may good investments, while others may be best avoided. Here are four crypto investments you might want to steer clear of right now, according to financial experts, followed by a couple that pose less risk. Dogecoin (DOGE) Vince Stanzione, fo ...

Core Insights - Coinbase has expanded its derivatives offerings by introducing eleven altcoins to its perpetual-style futures, following the earlier launch of Bitcoin and Ether products [1][3][4] Group 1: Expansion of Derivatives - The introduction of perpetual-style futures for altcoins marks a significant step in the normalization of regulated crypto derivatives in the U.S. market [2][7] - The new contracts are designed to replicate perpetual exposure while complying with U.S. derivatives regulations, differentiating them from traditional perpetual contracts [3][7] Group 2: Supported Altcoins - The eleven new altcoins added to Coinbase's perpetual-style derivatives include Avalanche (AVAX), Bitcoin Cash (BCH), Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Hedera (HBAR), Litecoin (LTC), Polkadot (DOT), Shiba Inu (SHIB), Sui (SUI), and Stellar (XLM) [4][5][6] - The selection focuses on large-cap, liquid tokens with established trading histories, alongside newer projects and popular memecoins [6] Group 3: Market Implications - Coinbase's perpetual-style futures are accessible to both retail and institutional traders in the U.S., highlighting a shift towards regulated trading environments [2][7] - These futures are listed on Coinbase Derivatives and require access through registered Futures Commission Merchants (FCMs) [7]

Core Insights - Dogecoin (DOGE) and Shiba Inu (SHIB) are being analyzed for their potential to reach a price of $10, with DOGE facing significant valuation challenges while SHIB's target appears virtually impossible [1][4]. Group 1: Dogecoin (DOGE) - To reach a price of $10, Dogecoin would require a market value of approximately $1.62 trillion, which is comparable to Bitcoin's current valuation but exceeds most global equity markets [2]. - The circulating supply of Dogecoin is around 161.6 billion tokens, and its annual inflation rate of about 5 billion coins further complicates the price target over time [2][3]. - Analysts suggest that achieving such a valuation would necessitate substantial real-world adoption and institutional investment, making the $10 target an extreme tail-risk scenario rather than a base expectation [3]. Group 2: Shiba Inu (SHIB) - Shiba Inu's situation is more restrictive, with a circulating supply of about 589 trillion tokens, implying a market value of nearly $5.89 quadrillion for a $10 price, which is over 40 times the total value of global equity markets [4][5]. - Current forecasts for SHIB suggest future prices in fractions of a cent, and while token burns exist, they are insufficient to significantly reduce the supply [5]. - To make a $10 target feasible, SHIB would need a supply reduction of over 99.999%, which is not supported by any current roadmap or governance proposals [5][7].

Core Insights - Shiba Inu (CRYPTO: SHIB) exemplifies how community engagement can influence value in the cryptocurrency sector, being designed for greater functionality than Dogecoin and built on Ethereum, yet its price is primarily driven by hype [1] - The long-term viability of Shiba Inu is questionable as it lacks real-world utility and mainly attracts speculative investors seeking quick profits, making it a poor long-term investment choice [2] - Interest in Shiba Inu has diminished since its all-time high over four years ago, and there are other crypto assets that may offer better investment opportunities [3] Investment Considerations - Potential investors are advised to reconsider investing in Shiba Inu, as it was not included in the Motley Fool Stock Advisor's list of top investment stocks, which are expected to yield significant returns [4] - Historical performance of stocks recommended by the Motley Fool, such as Netflix and Nvidia, highlights the potential for substantial returns compared to Shiba Inu's current price, which is significantly lower than its peak [5] - The Stock Advisor's average return of 1,013% significantly outperforms the S&P 500's 188%, indicating a preference for stocks with proven potential over Shiba Inu [6]

Core Insights - The filing of the first-ever Shiba Inu ETF has led to a significant increase in the burn rate of Shiba Inu tokens, with nearly 8 million tokens incinerated, marking a 208% increase in burn activity within 24 hours [1][2][4] - This event has revitalized interest in Shiba Inu, positioning it alongside major cryptocurrencies like Bitcoin and Ethereum in SEC filings, and indicating a positive shift in market sentiment [3][4][5] Summary by Sections - **Burn Activity**: A total of 7,943,107 SHIB tokens have been permanently eliminated from circulation, reflecting a dramatic increase in the burn rate [2][1] - **ETF Filing Impact**: The submission of the first Shiba Inu ETF by a major U.S. investment firm managing over $1.7 trillion in assets has sparked renewed interest in the token, validating its potential [3][5] - **Market Sentiment**: Following a period of downturn, the increase in burn activity has coincided with a slight price resurgence of SHIB, which has climbed 2.49% over the last day, indicating rising demand and optimism within the SHIB ecosystem [4][6]

Core Viewpoint - Dogecoin is expected to maintain a higher market value than Shiba Inu by 2030 due to its superior brand recognition and access to investment channels [1][3]. Group 1: Brand Recognition - Dogecoin has a market cap of $30.6 billion, significantly larger than Shiba Inu's $6.1 billion, indicating a strong lead in the meme coin market [3]. - The brand recognition of Dogecoin far surpasses that of Shiba Inu, which is crucial for long-term success in consumer products and cryptocurrencies alike [3]. Group 2: Access to Investment - Dogecoin has gained access to investment through a recently approved exchange-traded fund (ETF), allowing more investors to buy into it, while Shiba Inu lacks such access [4][7]. - The widening access for Dogecoin is expected to attract more capital, enhancing its market position compared to Shiba Inu [4]. Group 3: Utility and Development - There are ongoing discussions within the Dogecoin developer community about enabling smart contract support and potentially launching a Layer-2 (L2) chain, which could enhance its value proposition [5]. - Shiba Inu's existing Layer-2 chain, Shibarium, has minimal throughput and economic activity, limiting its growth potential [8]. Group 4: Competitive Landscape - Shiba Inu is currently not well-positioned for growth, facing significant headwinds in the competitive landscape of meme coins [6].