While the cryptocurrency market is greening with Bitcoin (BTC) price action to $21,000, the contention between dog tokens Dogecoin (DOGE) and Shiba Inu (SHIB) continues.
Dog tokens among the top 20 cryptocurrencies by market value DOGE and SHIB followed the general rise. In the past 7-day period at DOGE 18.5% While seeing an increase, SHIB is within the same period. 21.5showed an increase. Especially in the last 24-hour period, when bitcoin attracted attention with its price movements, DOGE 7% rising, SHIB 6% rose.
Dogecoin investors are more profitable than Shiba Inu investors
Looking at the on-chain data, while the contention between the two dog tokens continues, Dogecoin’s investors, according to Shiba Inu more profitable looks condition. All DOGE investors 65%while in the snow, 35%‘i is in harm’s way. SHIB investors only 30%when it is snowy, 56%is in harm’s way. When the data is analyzed, it is observed that the investor who is in loss in SHIB is almost as much as the rate of investor in profit above DOGE.
According to Coinmarketcap data, DOGE ranked 9th in the last 24 hours. $11.5 billiona transaction volume has occurred, and at the time of writing the news, $0.086traded from.
According to the same data, SHIB, which ranks 16th, has a transaction volume of 5.6 billion dollars in the last 24 hours. SHIB at the time of writing the news 0.00001033 dollarstraded from.