Passionate discussions abound in the crypto community, but a recent Twitter conversation has set up a raging inferno. A member of the Cardano community expressed surprise that joke currencies like Dogecoin and Shiba Inu are frequently compared to Cardano. The tweet highlighted the significant technology breakthroughs and utility-driven adoption of Cardano while highlighting the obvious disparities between both projects.
The tweet from the member of the community said, “I am always surprised that someone considers projects like Dogecoin or Shiba Inu to be relevant projects and compares them to Cardano.”
A Cardano influencer responded by saying that the top projects would probably be Bitcoin, Ethereum, XRP, or Cardano if one were to remove bots from the equation. The influencer’s argument emphasises the idea that social participation does not always indicate the viability or long-term potential of a project.
As dissimilar as apples and oranges are Cardano and meme currencies like Shiba Inu and Dogecoin. Cardano has been advancing in real-world acceptance thanks to a solid team and technological base. It differs from meme coins, which frequently ride the tides of social media trends and investor opinion because of its focus on functionality rather than pure speculation.
Shiba Inu and Dogecoin both have advantages, primarily in terms of community involvement and quick returns, but they fall short of Cardano’s technological sophistication and long-term outlook.
In essence, Cardano’s value proposition goes beyond the vagaries of market speculation. It involves creating a sustainable ecosystem with the goal of resolving issues in the real world, such as ineffective supply chains and financial inclusion. On the other hand, meme currencies like Shiba Inu frequently depend on market mood, which makes them unpredictable and volatile.
