Considering LEO is better than dogecoin, any idea why people still chase shiba and dogecoin?
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Considering LEO is better than dogecoin, any idea why people still chase shiba and dogecoin?
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Because they are easy for an average retail user to relate to and buy. I don't exactly see an easy way to buy LEO right now but DOGE and SHIBA are on most exchanges by now.
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Nobody really knows about LEO yet. We are a very small community opposed to doge, shiba and the likes, that are hyped by celebs and are all over the news.
The time will come when HIVE and LEO are known and more accessible to the masses but we're not there yet.
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Dogecoin is gaining traction among merchants, with AMC Theaters being the best example unrelated to Tesla Motors or to Elon Musk. Another example is the Dallas Mavericks franchise of the National Basketball Association accepting DOGE at the arena.
Shiba Inu is leading the pack (so to speak) of memecoins to compete with Dogecoin. For people who missed Dogecoin when it was priced at less than 1 cent USD-- as recently as 11 months ago-- Shiba Inu offers an opportunity to make up for that miss. Both DOGE and SHIB have been getting knocked around, but they keep coming back. That means something.
Out of the 140+ memecoins imitating Dogecoin, Shiba Inu has risen to challenge Dogecoin in a serious way. Last month or this month AMC Theaters announced it would accept SHIB as well.
As much as we know that LEO and HIVE are superior to DOGE and SHIB, the ultimate show of superiority is public acceptance. Like it or not, HIVE is not ready for prime time, and neither is LEO. They will have their day and place in the sun, but it won't be today. So we stack.
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