The Internet’s formerly most popular investment, Dogecoin (DOGE), known for a meteoric rise earlier this year, has a new challenger.
Year to date, DOGE is up 6,230% (but by the time you read this, it will be significantly more or less).
But for a brief moment on Wednesday night, the memecoin Shiba Inu (SHIB) was bigger than Dogecoin…
Dogecoin is a cryptocurrency created as a joke to Bitcoin, but has gained traction because of the Shiba Inu dog associated with it.
And Shiba Inu (SHIB) is its biggest meme competitor – some are calling it “DOGE's Ethereum”… and yes, it is also attracted attention because of the cute dog associated with it.
One anonymous crypto investor bought about $8,000 of SHIB back in August of 2020.
In just 400 days, it was worth $5.7 BILLION, which on paper, would make him the 533rd richest person on the planet… all off of one $8,000 trade.
Now, you might be thinking “I have to be too late to get into SHIB.”
My answer is: I honestly don't know. You probably are. As of writing this (again, this could have changed a whole lot by the time you read this), SHIB is down to $.00006518 from its high
But the better move right now is to start looking at some tiny, tiny coins with potential to soar “for the lolz” as the kids would say.
So be on the lookout for any news on those.
Three years ago, we turned the crypto world upside down when we released the first-ever ratings of cryptocurrencies.
Now, we’re doing something even bigger.
We’ve developed a shortlist of rare cryptos that could be among the next Bitcoins.
They won’t replace Bitcoin.
But collectively, the next Bitcoins have the potential to create greater wealth for investors than Bitcoin ever has … or probably ever will.