Are there any valid reasons for buying the meme coin instead of the blue chip leader?

Bitcoin ( BTC 1.68% ) and Shiba Inu ( SHIB 2.26% ) generally attract different types of investors. Bitcoin, the world's largest cryptocurrency with a market cap of $2.43 trillion, is a "blue chip" token valued by its scarcity and often compared to gold.

Shiba Inu, which has a market cap of $7.2 billion, is a meme coin that was originally created as a parody of Dogecoin ( DOGE 7.22% ) -- which itself was a parody of Bitcoin. Over the past 12 months, that canine-themed coin shed about 30% of its value as Bitcoin's price surged 95%.

For most investors, it might make more sense to buy Bitcoin than Shiba Inu. But let's dig deeper and see if there's a valid contrarian case for buying

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