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Dogecoin vs Shiba Inu: Lead Dev Reveals Why SHIB Is The Dominant Choice
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Dogecoin vs Shiba Inu: Lead Dev Reveals Why SHIB Is The Dominant Choice

Lead developer of Shiba Inu, Shytoshi Kusamahas highlighted a feature that gives Shiba Inu an edge over the main meme coin, Dogecoin (DOGE)Despite this development, Dogecoin still appears to be the most preferred choice among crypto enthusiasts based on this important on-chain metric.

Shiba Inu Takes Lead Over Dogecoin

In an X (formerly Twitter) afterKusama pointed to the Web2 game Shiba Eternity, which will be fully integrated into the Shibarium network, as an example of why Shiba Inu is leading the way Dogecoin. Kusama’s post was a response to a after by Jordan (CEO of MyDoge) revealing that gaming would soon be available on the Dogecoin Network.

Kusama responded by saying, “Laughs in Shiba Eternity,” highlighting how game finance (GmeFi) is already an integral part of the Shiba Inu ecosystem, while Dogecoin is trying to catch up in this area. Shiba EternityThe Play-to-Earn (P2E) version of ‘s is expected to be launched on the layer 2 network Shibarium coming soon, with Shiba Inu team members like Marketing Manager Lucie already gives an insight into what we can expect from the Web3 game.

In a X-messageLucie mentioned that players would receive a welcome package as part of the incentives to encourage these Web2 players to migrate to the Web3 version. She further revealed that the welcome package will include in-game rewards such as XP boosters, card packs, and a plethora of Kibble. The Shiboshis NFT Collecting Kibbles becomes an integral part of the game, as the amount of Kibble a player receives depends on the number of Shiboshis he unlocks.

Meanwhile, those who own the original Shiboshis NFTs on the Ethereum blockchain will be eligible for exclusive in-game features, including participation in closed beta testing. As Lucie announcedThe first closed beta test, coming later, will include the integration of the Sheboshis NFTs. She added that this NFT collection will play a big role in the next part of the game, the “Breeding” phase.

Dogecoin continues to enjoy more network activity

Despite the fact that the Shiba Inu has a greater utility than Dogecoindata from the market information platform IntoTheBlock shows that the leading meme coin still has more daily active addresses than Shiba Inu. These daily active addresses refer to addresses that have made one or more on-chain transactions on a given day.

Dogecoin Shiba Inu
Source: IntoTheBlock

The last seven days, Shiba Inu’s Daily Active Addresses have remained within the 3,000 and 4,000 range. On the other hand, Daily Active Dogecoin Addresses The number is between 40,000 and 50,000.

Dogecoin Shiba Inu 2
Source: IntoTheBlock

It is worth noting, however, that Shiba Inu has delivered higher returns to its holders than Dogecoin since the beginning of the year. SHIB currently has a year-to-date gain of over 30%, while DOGE has a YTD gain of just over 10%. Interestingly, Kusama once claimed that Shiba Inu would take the lead in this boom, surpassing Dogecoin and other meme coins.

Dogecoin price chart from Tradingview.com (Shiba Inu)
DOGE Price Above $0.1 | Source: DOGEUSDT on Tradingview.com

Main image created with Dall.E, chart from Tradingview.com