Could Shiba Inu Surpass Dogecoin in 2022?
Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) both have been riding the popularity wave of cryptocurrencies with a dog as a mascot. These popular meme tokens skyrocketed last year -- and took spots among the biggest cryptocurrencies.
Shiba Inu beat its older rival when it comes to annual gains. It soared a jaw-dropping 45,000,000%. Dogecoin "only" climbed 2,900%. But Shiba Inu lags when it comes to market value. It's the world's 13th biggest cryptocurrency while Dogecoin is the 12th largest. Dogecoin also beats Shiba Inu by value of individual tokens. It's worth about 15 cents while Shiba Inu trades for a fraction of a cent. Considering Shiba Inu's popularity and strong community support, could it rise above the price of Dogecoin this year? Could it surpass Dogecoin's market value? And what about from a pure percentage increase perspective? Let's look for some clues.
Image source: Getty Images.
Source Fool.com
