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DOGECOIN vs SHIBA INU | Which one to buy?If you personally ask me which one of them to buy, I would say 'none'. They both are very risky, and are memecoins to be very particular. But still, if you want me to do the analysis on both, then continue reading this article. Dogecoin’s market capitalization is $35.04B currently, whereas Shiba Inu’s market capitalization is $34.77B as of now. Shib crossed Doge a few hours ago and went till $42B to become the 9th largest cryptocurrency in the world. Dogecoin was made for fun due to the circulation of a meme on the internet in 2013. But, Elon Musk has eyes on it, so it might make its fundamentals good. Whereas, Shib is a Decentralized Finance Network, they have a ShibaSwap too, for exchange of the currency. They take their tech from Ethereum Network. Shiba also claims to help the poor dogs with the money, but no proofs have been shown till now. They also donate to the society through the Amazon Smile initiative. The man behind Dogecoins’s survival is Elon Musk and his team. He claims that Tesla employees uses Dogecoins for transactions too. Whereas Shib used Ethereum’s founder in its initial days. They sent 50% of Shib’s produce to Vitalik (Ethereum’s founder), out of which 90% was burnt by him by sending into unknown wallets without keys, and the remaining 10% (around $1B) was donated to India’s Covid Relief Fund. The current whale behind Shib’s pump is assumed to be Shib’s founder, Ryoshi. The Twitter followers of Dogecoin’s official page are 2.3M, whereas Shib’s Twitter page has 1.7M followers. Level of risk is equal in both, which is very high. But, I think that Elon Musk might help Doge’s team in making it a better coin, whereas Shib is very speculative. So, out of these two, I would choose $DOGE as there is some trust because of Elon Musk, whereas Shiba Inu has so much pump left to be done. If you’re someone who likes to take big risks in return of big profits, you might go for $SHIB. DO CHECK OUT THE NEXT PUMP ON SHIB THROUGH THE LINK AT THE END OF THIS IDEA!
by theTAguy
WHAT HAPPENS DOGECOIN & SHIB INU FOLLOW SIMILAR PRICE FRACTAL? Dogecoin price appears to be closely following Shiba Inu price action, hinting at an explosive breakout. DOGE has been coiling up for more than five months, just as Shiba Inu price did before its actual breakout. Unlike SHIB the original meme coin seems to be traversing an ascending triangle, indicating that a retest of an all-time high is possible. Reasons why this is possible? Fractals everywhere: Dogecoin price is repeating a massive fractal that it displays before an explosive breakout. This setup, however, suggests an uber bullish double-digit target of $40 per DOGE. 'Tis meme coin season: Many meme coins have surged 17,000% and more in just a few days, suggesting that the meme coin season is upon us. Many of these are dog-coins whose market cap has reached several million despite not having any utilities. Capital rotation: One of the biggest reasons why Dogecoin price will explode and catch investors off guard is capital rotation. While it is tough to time capital rotation, catching it just before it happens will be extremely profitable. When the newer-coin market gets saturated, capital from these cryptos will rotate into the original meme coin aka Dogecoin, causing massive volatile moves. If you have any questions, please leave a comment and if u like this idea like it. Thanks.
BINANCE:DOGEUSD.PLong
by DailySats
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