BlockDAG attracts developers' attention due to its high performance and functional capabilities. While Dogecoin and Shiba Inu gained traction primarily through viral memes, they have limitations in the context of complex applications.
DOGE: The Meme Myth and Its Limits
Dogecoin (DOGE), launched in 2013 as a lighthearted alternative to major cryptocurrencies, has built a loyal audience despite its comedic origins. However, its platform limitations prevent it from meeting the needs of complex apps. As of March 30, 2025, DOGE is trading at $0.171591, down 14% year-over-year.
SHIB: Sustainable Growth and Ecosystem Development
Shiba Inu (SHIB), launched in 2020 as the 'DOGE killer', shows consistent growth. By March 30, 2025, its price was $0.00001271, up 27% over the year. The SHIB ecosystem has expanded with platforms like ShibaSwap, attracting new users.
Why Developers Are Choosing BlockDAG
Increasingly, developers are opting for BlockDAG due to its directed acyclic graph architecture, which helps eliminate delays inherent in traditional blockchains, significantly speeding up transaction processing. With features like no-code token creation and full EVM compatibility, BlockDAG becomes a convenient tool for developers. To date, its presale has raised $210.5 million.
In summary, while Dogecoin and Shiba Inu garnered attention and certain market growth, their capabilities for building complex applications are limited. In contrast, BlockDAG offers developers the necessary tools to create high-performance, functional applications.