Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%
Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have had different things to discuss. As two of the most popular meme coins, Dogecoin and Shiba Inu seem pretty similar at first glance. Particularly, their price movements in the past few weeks have left many holders disappointed amidst a wider decline among top cryptocurrencies. However, on-chain data suggests SHIB holders might be feeling the heat the most, as the number of addresses in losses has surged recently to almost half of the total addresses. Comparing Dogecoin And Shiba....
Related News
The market crash has been especially brutal for meme coins such as Shiba Inu and Dogecoin. These coins had recorded impressive numbers in the bull runs of 2021 but the real test had come once the market had begun to decline. This meant that most have lost a large percentage of their all-time high values that were hit during the bull run. Along with this, the profitability of the meme coins had declined and has seen most investors holding bags of losses. Only 14% In Profit According to data from IntoTheBlock, the number of Shiba Inu investors who are making money at current prices has....
The battle between meme coins Dogecoin and Shiba Inu is bordering on legendary at this point. Like with any great rivalry, both these digital assets had pushed each other to their very best. However, with the hype around meme coins dying, both of them eventually bowed out as their prices crashed. Both have returned massive […]
Over the last few months two distinct dog cryptocurrencies, shiba inu and dogecoin, have been making waves within the crypto economy. While dogecoin has been around since 2013 and has seen massive gains during the last year, the relatively new ERC20 crypto shiba inu has jumped significantly in value as well. Both Dogecoin and Shiba Inu Have Outshined Bitcoin’s Market Performance The cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) have made huge gains in 2021. In fact, both of these digital assets have outshined a great number of cryptos as far as percentage gains against the....
The crypto market has been on a recovery trend and with it have been digital assets like Dogecoin and Shiba Inu. Both assets had touched points they hadn’t seen in months following the crash but have since recovered some of their lost value. To be clear, Dogecoin and Shiba Inu are still a long way […]
While Dogecoin remains down, DOGE’s sister coin Shiba Inu enjoys movement up as SHIB’s value increase 25% in the last 24 hours. Bad Week For Dogecoin, Great For Shiba Inu Though Dogecoin remains the number one memecoin by market cap, the crypto hasn’t had a great time lately in terms of price movement. DOGE’s relative, […]