Why SHIB is ‘Cool’ and DOGE Is ‘Boomer Memecoin.’ Find out now

Earlier today (October 27), Joe Weisenthal, the executive editor of news for Bloomberg Digital, talked about two most popular dog meme coins — Dogecoin and Shiba Inu — and explained why the former is now considered boring while the latter is considered cool.

Weisenthal, who is “also the co-anchor of ‘What’d You Miss?’, Bloomberg Television’s flagship markets program, as well as Bloomberg’s ‘Odd Lots’ podcast”, shared his thoughts about these two highly popular meme-based cryptoassets in today’s Bloomberg Markets newsletter.

Weisenthal says that although “it’s tempting to just call SHIB just a Dogecoin ripoff,” it has two big advantages over its older rival:

  • SHIB is built on Ethereum, and so has more advanced smart-contracting Profile capabilities.
  • SHIB is a lot cheaper.

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