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Shared Hosting or VPS Hosting for NodeJS app on Namecheap

I have a Ecommerce Nodejs app that uses NuxtJS as the frontend and NestJs/NodeJs as the backend.Would Shared Hosting or VPS Hosting be better for this NodeJS app on Namecheap or any other service provider?

I say, go with the shared hosting. Observe the performance and upgrade only if needed.

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