336
123 shares, 336 points

Shiba Inu (SHIB) continues to run among the top 10 cryptocurrencies with the noise that can be heard from every corner of the crypto world. In detail, SHIB price has increased its position in the market aggressively over the past few days. Currently, it is trading at 11th place with 50% padollama daily. This success of the meme coin is causing crypto analystsdollars to think that SHIB might surpass DOGE sooner or later. In fact, the crypto enthusiast Watcher. A great controversy ensued around a tweet from Guru.

Does SHIB pass DOGE?

Before moving on to the comments, it is useful to take a look at SHIB’s remarkable performance in the last month. To recall, in early October, a giant crypto whale stunned the on-chain analisdollar series by purchasing 6 trillion units of SHIB. Shiba Inu, which earned $46 million in volume in one go, managed to maintain this momentum in the following weeks of October. At the time of writing, SHIB looked like this on the saadollarsik chart:

The situation now gets even more interesting, as the latest SHIB padlock came in the middle of a stagnant market. Bitcoin was struggling to find support above $60,000 after its October 20 peak, while Ethereum was struggling just above $4,000. The DOGE and SHIB rivalry that stood out in this process, Watcher. Comments on a tweet shared by the Guru garnered over 6,000 likes and over 1,000 comments. There were also many different interpretations about the possibility of SHIB reversing DOGE.

https://twitter. com/WatcherGuru/status/1451924907298856968

Shiba Inu remains one of the top 15 cryptocurrencies

It is thought that the buying pressure of individual investors has a great share in the SHIB paddle. While the exact reason behind this movement is unknown, it may be due to the long-awaited Robinhood listing. But regardless, SHIB is now one of the 15 largest-volume cryptocurrencies. Moreover, it has a market capitalization reaching almost $18 million. In addition to all this, meme coin continues to be accepted as a payment method for goods and services in some countries, despite the difficulties in the crypto money world. Venezuela, for example, is one of the countries in the world where some of its stores accept SHIB as a form of payment.

So does SHIB pass DOGE? This could be an answer that depends on Dogecoin’s performance. Shiba remains the king of sales among the top 100 cryptocurrencies, while DOGE is running the race with a 7% daily growth rate.

Cryptocoin. com

You can reach the technical analysis of Saray Tran, whose analyzes we share as , here.


Like it? Share with your friends!

336
123 shares, 336 points

What's Your Reaction?

hate hate
858
hate
confused confused
368
confused
fail fail
1226
fail
fun fun
1104
fun
geeky geeky
981
geeky
love love
613
love
lol lol
736
lol
omg omg
368
omg
win win
1226
win
Michael Lewis

Emperor

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format