Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?
SHIB’s 400% rally brings attention back to dog-themed meme tokens and it could be a sign that DOGE is on the verge of an equal-sized breakout. Meme coins were some of the earliest breakout stars at the start of this year's bull run and big-name influencers like Elon Musk and Mark Cuban helped to stoke a surge in the price of Dogecoin (DOGE). The success of DOGE eventually spawned th massive litter of dog-themed offshoots that now populate the meme coin pack. This week the pack is once again on the run after Shiba Inu (SHIB) saw a triple-digit breakout and DOGE looks ready to move higher.....
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Shiba Inu’s lead developer, Shytoshi Kusama, has highlighted a feature that gives Shiba Inu an edge over the foremost meme coin, Dogecoin (DOGE). Despite this development, Dogecoin still looks to be the most preferred choice among crypto enthusiasts based on this important on-chain metric. Shiba Inu’s Edge Over Dogecoin In an X (formerly Twitter) post, […]
Shiba Inu’s active addresses have crashed over 50% in three months, providing a bearish outlook for the top meme coin. This development has also coincided with the SHIB price crash during this period. Shiba Inu’s Active Addresses Crash Over 50% Santiment data shows that Shiba Inu’s active addresses have crashed by over 50% since they peaked on May 2 at around 7,800. Since then, this metric has been on a downtrend, dropping to as low as 2,500 earlier in June. Now, the number of active SHIB addresses is currently at an average of 3,000. Related Reading: Shiba Inu Exec Gives Reasons To Keep....
The memecoins Shiba Inu and Dogecoin are both looking to end the month in green, but SHIB’s gains have been significantly higher than DOGE’s so far. Shiba Inu Looking To End July With 18% Profits While Dogecoin Observes 2% Uplift After going through months of downtrend, holders of the two largest memecoins in the market […]
There’s an ongoing meme coin war and it pits a lesser known coin against two other well-entrenched cryptos in the space today. FLOKI is a crypto based on Elon Musk’s dog that has the same name Floki Inu’s market cap is less than $1 billion The crypto has been on a decline after it bottomed in June 2022 Floki Inu (FLOKI), a meme crypto that was inspired by the dog of self-proclaimed “Dogefather” Elon Musk, is aiming to surpass Dogeoin (DOGE) and Shiba Inu (SHIB). That could prove to be easier said than done as it is losing to its fellow dog-themed cryptoccurencies in several....
Shiba Inu (SHIB) along with another meme coin Dogecoin (DOGE) have had the worst crashes. However, SHIB is singing a different tune as it turns green after suffering a bearish downturn for a long time. Unlike DOGE, the crypto community is very optimistic about the future of Shiba Inu’s price. Shiba Inu is a popular dog meme coin that is said to rival Dogecoin. SHIB is a high-performer in the crypto space but also suffered a catastrophic drop like the rest of the crypto market. However, in October, SHIB was able to bounce back by more than 100% and reached an ATH of $0.00008616. Shiba Inu....