One of these cryptocurrencies is a major global asset. The other has a cartoon dog as a mascot.
Bitcoin (BTC +0.17%) and Shiba Inu (SHIB 2.06%) are two of the most popular cryptocurrencies, and both have been millionaire makers for early investors.
That’s where the similarities end. In most respects, these cryptocurrencies are polar opposites, including their prospects as investments.
Image source: Getty Images.
Bitcoin is the clear choice over Shiba Inu
While there are millions of cryptocurrencies, it’s a top-heavy market that’s dominated by Bitcoin. Bitcoin has been the largest cryptocurrency from the beginning, and its $1.7 trillion market cap makes up nearly 60% of the entire crypto market (as of Dec. 18).
One of Bitcoin’s key features is a hard cap of 21 million coins. This built-in scarcity has helped turn it into a digital store of value used by individuals, companies, and institutional investors.
Shiba Inu has a maximum supply, as well — but of nearly 590 trillion SHIB tokens, not what anyone would consider scarce. It also hasn’t been a reliable source of value. Shiba Inu’s price skyrocketed in 2021, but since then, it has lost over 90% of its value. As a meme coin, Shiba Inu is a speculative asset without any legitimate value.
Today’s Change
(0.17%) $146.86
Current Price
$88495.00
Key Data Points
Market Cap
$1.8T
Day’s Range
$87655.00 – $88949.00
52wk Range
$74604.47 – $126079.89
Volume
22B
Bitcoin is highly volatile, but it has been the most resilient cryptocurrency, recovering from every bear market. Although Bitcoin experienced an extended downturn starting in 2021, it rebounded and set new all-time highs in 2024 and 2025.
If you’re going to invest in cryptocurrency, Bitcoin is worth having in your portfolio, considering how important it is to the market. Shiba Inu is better off avoiding, as there’s no reason to expect its value will increase going forward.
Lyle Daly has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.