It's worth noting that while Dogecoin is a blockchain, the Shiba Inu is simply a token created on Ethereum, meaning it's an inferior product. Nonetheless, it seems that investors are unconcerned about this fact.
As you can see in the image above, while Dogecoin is in the ninth position with a $26.8 billion market cap, Shiba is already in the tenth position after rising over 300% in the week.
It appears that people's criterion for buying a cryptocurrency lies in the ease of creating a wallet and the coin being listed on most exchanges (being a token of some blockchain also seems advantageous for exchanges).
This is why my criticism of Blurt is the difficulty of creating a wallet. Which blockchain does a user need to go to someone's Discord channel to create an account?
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