Bitcoin's Utility and Scarcity Attract Serious Investors, Unlike Meme Coin Shiba Inu
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Shiba Inu is a meme coin with no underlying utility, whereas Bitcoin has growing adoption and use cases like digital gold or a hedge against inflation.
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Bitcoin has a fixed supply of 21 million coins, so growing demand drives up its price. Shiba Inu has a supply of 589 trillion coins, making it very unlikely to reach $1.
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Institutional investors are now supporting Bitcoin through ETFs and portfolio allocations, but are unlikely to ever allocate funds to meme coins like Shiba Inu.
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Indicators suggest the current Shiba Inu price surge may be short-lived, presenting a last chance to take profits.
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The author is ignoring the speculative meme coin rally and buying Bitcoin instead due to its utility, scarcity, and institutional investor support.