Meme coins aren't the place to keep your hard-earned cash when it looks like the market is about to get (potentially extremely) turbulent due to a toxic cocktail of geopolitical factors.
If you hold a little Dogecoin (DOGE -1.88%) or Shiba Inu (SHIB -1.25%) for fun, that's fine. But, if you hold them with any appreciable amount of capital, it's been time to run for the door for a while now. Here's why.
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Dogecoin's issuance is a permanent headwind
Dogecoin's supply has no ceiling, and new coins enter circulation continuously. Thus, long-term holders need a constant influx of fresh demand to offset this dilution.
It's unclear what would generate that demand on a normal day, as the coin has no utility, and there is little hope of ever changing that fact. And on a day when the market is struggling for whatever reason, the picture looks even worse.
DOGE Dogecoin
CRYPTO · As of 10:42 PM ET 10/16/26
Now, imagine how Dogecoin will perform when investors are fleeing risky assets toward ones that they perceive to be safer -- for example, when things look shaky on the world stage -- and you'll get an idea of how dangerous it is to be holding this coin right now.
Shiba Inu is just as bad
In one sense, Shiba Inu has a tiny leg up on Dogecoin in the sense that its community emphasizes coin burns as a means of controlling its supply, and it also has a (very limited) ecosystem.
SHIB Shiba Inu
CRYPTO · As of 10:44 PM ET 10/16/26
But burns require someone to buy tokens and destroy them, or for decentralized applications (dApps) to regularly burn them automatically, neither of which is guaranteed to occur on a continuous basis. And that's especially true considering the Shiba layer-2 (L2) chain, the Shibarium, is barely used for any purpose, with just $2 in chain revenue on Jan. 20.
So sell these dog coins, stat. They're not going to fetch you anything valuable.





