Shiba might be volatile but that doesn’t mean it is worse than FUN. In it’s short existence it’s already developed it’s own DeFi ecosystem, launched an NFT collection, and is working on a new layer 2 solution. From an investment perspective Shiba is looking much stronger than FUN. FUN is only useful on a centralized platform and I have my doubts whether it can gain mass adoption as a gambling token.
Worse or better, it depends on how you enter and how you exit your position. If anyone enter SHIBA in 2020, and hold for months, got huge profit from exit, it is very good investment.
If anyone buy SHIBA now and might unfortunately end with loss at 100-fold of decrease, it would be a terrible investment. What I said is about the second scenario. SHIBA will not die like many meme coins because it is a leader of a new generation of meme coins and it has good usecases on casino, merchants and more.
But if you talk about it in investment perspective, it is bad for now.