Is Shiba Inu Dead? SHIB underperforms Dogecoin, Pepe, Bonk - best meme coins to buy now

economictimes.indiatimes.com:

Some of those already outperforming SHIB include Dogecoin, Pepe, and Bonk. Meanwhile, emerging meme cryptos like Meme Kombat and Wall Street Memes looked primed to gain ground on SHIB in the coming weeks.
SHIB struggles while other meme coins excel
Despite various efforts to advance its ecosystem and tokenomics, Shiba Inu’s price has seen no avail, currently down over 7.4% in the last year.
It saw a brief rise in early 2023, but then experienced a dip alongside the rest of the market. However, as other meme coins experienced a substantial recovery, Shiba Inu has continued to consolidate around its bear market lows.

While it has somewhat recovered in the last month, up 13%, this is significantly overshadowed by other meme coin projects.

Did you Know?

As a beginner to cryptocurrency investing, you should consider two critical things. First, you should determine and understand your risk tolerance, as cryptocurrencies can be volatile. Only invest what you can afford to lose. Secondly, don’t put all your funds in one cryptocurrency; diversify to mitigate risks. Deciding where to invest your hard-earned money can be difficult.

Starting with Dogecoin, its price is up over 28% in the last month, providing traders with over 2x more gains than Shiba Inu.
While DOGE’s price remains down 14% this year, its recent pump shows investors opting for the market leader over Shiba Inu. However, Dogecoin is not the only project degen traders are turning to.

Another is the infamous bear market sensation — Pepe. When all hope seemed lost in April and May this year, Pepe exploded onto the scene, reaching a $1.8 billion market cap within one month.
Following this, the project seemingly lost momentum. Still, a recent meteoric