When the two competing cryptocurrencies Dogecoin and Shiba Inu Coin go head-to-head, the tide seems to be turning a bit. After the Shiba Inu coin with its large price gains over the past few weeks gradually passed under the dogecoin (hardware wallet from 69 euros at Amazon), the famous meme coin, which is also part of Elon’s crypto wallet Musk, could now fight back. After a price increase of almost 30% in the last 24 hours, one Dogecoin (crypto abbreviation: DOGE) currently costs around 0.31 US dollars or 0.27 euros.
The Shiba Inu coin (crypto symbol: SHIB), meanwhile, is down slightly, dropping 23% in the last 24 hours after hitting a new all-time high earlier in the week and is currently priced at 0.000067. US dollars per Shiba Inu piece. . Compared to Dogecoin, which is currently still 60% below its all-time high reached in May 2021, the Shiba Inu Coin’s catch-up race doesn’t seem to have come to a complete halt.
In the ranking of the most valuable cryptocurrencies in the world, the two cryptos, which also resemble the corresponding Japanese dog breed due to their representation, are always very close. Dogecoin is the 9th most valuable crypto in the world with a total value of $40.57 billion, while Shiba Inu Coin is just behind at 10th with a current market value of $39.8 billion. It will be exciting to see if the two Crypto brawlers continue to face off.
The tech bug caught me at a young age, when I took my first steps into PCs in the Pentium II era. Since then, modding, overclocking, and meticulous care of my hardware has just been part of it for me. During my studies, I also developed a particular interest in mobile technologies, which can make stressful everyday student life much easier. After finding my love for creating web content while working in marketing, I set out as an editor at Notebookcheck to research the hottest topics in the fascinating world of technology. Outside of the office, I have a particular passion for motorsport and mountain biking.