DOGE days of summer: Shiba Inu gains 40% on Dogecoin two months after record ...
SHIB price remains at risk of falling further against DOGE due to weak technicals. Shiba Inu (SHIB) has grown stronger against its top "memecoin" rival Dogecoin (DOGE) in the last two months, in part due to the token's periodic token burning events and a flurry of project announcements that promises to boost its utility.Why is the SHIB price rallying?In detail, SHIB/DOGE gained a little over 40% after bouncing from 0.0001120 on May 12, its lowest level on record. SHIB/USD four-hour price chart. Source: TradingViewCoin burn is the most logical explanation behind SHIB's recent rally against....
Related News
Shiba Inu has once again outperformed Dogecoin this week with around 33% in gains, more than double DOGE’s 14% growth. Shiba Inu Outperforms Dogecoin Two To One In Last Five Days After a while of downwards movement, both SHIB and DOGE have finally enjoyed some sharp uptrend over the past week. While Dogecoin has registered […]
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 […]
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....
Dogecoin has exploded recently, rising up more than 100% in the last seven days. Is rival memecoin Shiba Inu next in line for a sharp surge? Dogecoin Records 107% Weekly Gains, While Shiba Inu Only Saw A 26% Rise DOGE has observed some incredible bullish momentum in recent days, and while SHIB has also seen […]
Over the last week, Shiba Inu has seen an upwards push as the returns of the memecoin stand at 48%, while competitor Dogecoin only observes gains of about 26%. Shiba Inu Manages Double The Weekly Returns Of Dogecoin Since the market-wide crypto crash earlier in the month, both DOGE and SHIB have been trying to […]