Compare Dogecoin (DOGE) vs Dai

Dogecoin is the father of meme coins and started as a joke. But it has very smooth transaction ability and reliable safety with a proven history. Many world-famous celebrities and billionaires hyped about Doge including Snoop Dogg, Lil Yachty, Guy Fieri, Elon Musk, and Mark Cuban. Dogecoin soared almost 15x in 2021. Doge is still playing among other major blockchain projects and growing its fans from all around the world. DogeCoin Foundation announced that they are working with Ethereum's founder Vitalik Buterin on a staking concept.

DAI is a crypto-backed algorithmic stable coin provided by MakerDAO. One DAI is equal to one USD. Unlike other fiat-collateralized stablecoins, DAI is overcollateralized. If you want to receive 100 DAI which is worth 100$, you need to collateralize 150$ worth of Ethereum. The collateral ratio is decided by the MakerDAO platform's governance where anyone with MKR coin can vote. DAI is a fully decentralized stablecoin.