Are Dogecoin and Shiba Inu out of fashion? Investors shifting to this new meme narrative

Are Dogecoin and Shiba Inu out of fashion? Investors shifting to this new meme narrative

NuggetRush is an emerging and promising P2E memecoin preparing to launch.
Its thrilling gold-mining game is expected to take the gaming world by storm.
Its intriguing blend of P2E and memes makes it primed for explosive growth.

The recent JUP and DYM airdrops — the biggest so far in 2024 — are a reminder that the next bull market will be led by new cryptocurrencies and narratives. Not old and peaked altcoins. Consequently, a growing trend is a significant uptick in the price of newer and more promising altcoins and narratives, while older tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) remain unimpressive.

In light of the above, one can’t help but ask, “Are DOGE and SHIB out of fashion?” With investors typically on the lookout for new and shiny cryptos, there has been a growing demand for NuggetRush (NUGX), an emerging P2E memecoin. Buzzing with potential and poised to outperform popular memecoins, it is one of the best cryptos to buy now.

NuggetRush (NUGX): a play-to-earn memecoin

NuggetRush (NUGX) has been hailed as the hottest P2E memecoin, and for justifiable reasons. To begin, it will introduce a novel gaming concept — gold mining — and unique memetic features. This combination sets it up for explosive growth, making it the best new crypto to invest in today.

Game and meme enthusiasts have been swarming the ongoing presale, aiming to ride the massive bullish wave to its fullest. The upcoming game promises a thrilling and immersive gameplay experience built around gold mining. Interestingly, valuable in-game assets will be collected while having fun, which can be traded on the marketplace.

More importantly, a share of the in-game purchases and rewards will be used to support deserving causes around the world, e.g., contributing to the betterment of artisanal miners in underdeveloped countries. Hence, it will be more than just fun and thrills; it will be a meaningful game with an impact.

In the fifth round of the presale, a token is competitively priced at $0.018. According to experts, there will be a 50x uptick in its price, making it a must-have crypto. To become an early NUGX adopter or holder, click the link below.

Dogecoin (DOGE): the first meme coin

Dogecoin (DOGE) is the first meme coin — a status not up for contest. This makes it one of the top altcoins and puts it among the most dominant on the market. However, its leading status is both a blessing and a curse.

As the most popular memecoin, it has one of the biggest communities, rivalling many within the crypto space. However, on the flip side, Dogecoin has little room for growth, which makes it largely unappealing to investors. As a result, traders opt for newer and more promising cryptocurrencies ahead of DOGE.

Given the above, many will say Dogecoin is out of fashion. Nevertheless, this doesn’t mean it isn’t a good crypto to buy. Rather, it isn’t as promising as the new altcoins on the market.

Shiba Inu (SHIB): little room for growth

Shiba Inu (SHIB) trails DOGE as the second-most popular memecoin. The same argument as the above can be used against SHIB, which is a leading crypto with little room for growth. The emergence of novel meme tokens and the rise of Solana memecoins, among others, meaning there is little attention to spare SHIB.

As a result, its performance often trails that of newer crypto entrants. After all, besides the tech, the search for profit is the other reason why most are in the crypto scene. And with Shiba Inu having little growth potential, investors have been looking elsewhere.

Nonetheless, if you seek substantial gains — not explosive growth — Shiba Inu remains one of the best cryptos to invest in. However, bear in mind that it will likely not create a new all-time high (ATH).

Conclusion

Investors have been overlooking Dogecoin and Shiba Inu for NuggetRush, one of the top ICOs currently running. 

NuggetRush’s novelty and staggering upside potential make it a compelling investment. You can position yourself for the gains by participating in the presale by visiting the NuggetRush Presale Website.

The post Are Dogecoin and Shiba Inu out of fashion? Investors shifting to this new meme narrative appeared first on CoinJournal.

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