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"Meme Coins' Fading Hype: Dogecoin, SHIB Face Uncertain Future"

Coin WorldSunday, Feb 23, 2025 6:07 pm ET
1min read

As the crypto market gears up for another explosive year, investors are carefully monitoring the market to determine the best crypto to buy in 2025. Bull runs in the past were driven by hype and speculation, but the next wave is predicted to be dominated by projects with real-world use.

This shift in focus has put meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) in a precarious position. Their reliance on hype and social media buzz makes them volatile, and investors are moving from speculation to real utility. Blockchain projects offering tangible value, such as PropiChain (PCHAIN), have captured the attention of analysts and investors alike. Although meme coins have seen spectacular gains in the past, their long-term viability is questionable.

Unlike Dogecoin and SHIB, which started as internet jokes and later gained traction through celebrity endorsements, PropiChain is built on a solid foundation of real-world asset (RWA) tokenization. This innovative approach is PCHAIN’s ticket into the global real estate industry valued at over $326 trillion that has remained largely untouched by blockchain technology until now. With PropiChain, users have access to buy and sell fractional shares of high-value properties.

The Rise and Fall of Meme Coins — Are Dogecoin and SHIB Still Worth It?

Dogecoin, created in 2013 as a parody of Bitcoin, quickly gained a cult following thanks to its playful branding and low transaction fees. Despite receiving endorsements from Elon Musk, it has struggled to maintain consistent growth. SHIB had the same run, skyrocketing in 2021 before losing momentum. It started as a meme-based token but later attempted to add utility through the launch of ShibaSwap and the Shibarium Layer-2 network. However, its price movements have remained highly unpredictable.

DOGE and SHIB, despite all the efforts, still derive most of their value from speculation and market sentiment, which can shift suddenly and lead to major price swings. Although they may still experience short-term pumps, their lack of core function beyond being a medium of exchange makes them high-risk. An investor who bought SHIB at its peak in October 2021 would have seen their investment drop by over 85% within months. Similarly, Dogecoin reached an all-time high of $

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KAYLA
02/24

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OhShit__ItsDrTran
02/24
@KAYLA 👌
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