A critical look at crypto trends shows that the meme coin narrative is not over with top players Dogecoin (DOGE) and Shiba Inu (SHIB) trying to impress investors with new highs. Some analysts believe that Shiba Inu (SHIB) will outperform its predecessor Dogecoin (DOGE) because of recent developments on the network. Meanwhile, industry experts have recommended Tradecurve, a new hybrid exchange for investors seeking better returns because of its high growth potential.
Will Shiba Inu (SHIB) overcome Dogecoin (DOGE)?
Dogecoin (DOGE) and Shiba Inu (SHIB) have remained the most valued meme coins over the past few years. Both cryptocurrencies fall under the largest 15 coins by market cap and have always been set against each other by the community for vital reasons.
Firstly, the main utility of Dogecoin (DOGE) is for the payment of goods and services. Also, it is used to tip content creators on social media apps. Shiba Inu (INU) has a variety of use cases including DeFi via the ShibaSwap DEX, Shibarium — a layer-2 scaling solution for the network, games like Shiba Eternity, Shiba Run, and Shiba March, payment method for various merchants across the globe, and the network’s metaverse (in view).
Secondly, data tracker IntoTheBlock reveals that the daily active addresses (DAA) on the Shiba Inu (SHIB) network have averaged between 5,000 to 6,000 transactions each day since 2023 began. For Dogecoin (DOGE), the DAA has averaged above 50,000 since January 1, suggesting that it has attracted more investors than its rival.
Additionally, Dogecoin (DOGE) has an early-mover advantage and more well-known celebrity endorsements, such as Elon Musk. The project has been around since 2013 and boasts nearly 4 million holders as of February 2023, with the coin’s price rising by a little over 30% since the start of the year. Meanwhile, Shiba Inu (SHIB) launched in 2020 and holders were last reported at 1.28 million, with the coin’s price rising by more than 42%.
In the end, Shiba Inu (SHIB) still falls short of the dominance of Dogecoin (DOGE) in the meme coin sector. Analysts at CNBC believe it may take longer than a year for Shiba Inu (SHIB) to close the over $6 billion gap in market cap and overtake Dogecoin (DOGE).
Buy Tradecurve for 50x Returns in 2023
Tradecurve is a new hybrid trading exchange designed to give users a brand new trading experience. On Tradecurve’s platform users can trade; stocks, shares, currencies, cryptocurrencies, commodities and indices all from a single account and without the need to complete a KYC procedure.
Some excellent features of Tradecurve include slippage-free trading, 2FA security options, a decentralized wallet, institutional level liquidity, high frequent trading and automated trading, deposit bonuses and level-up perks.
These features position Tradecurve as a top DeFi platform with the potential to overtake Shiba Inu and Dogecoin in popularity. Moreover, Tradecurve’s native utility token $TCRV grants holders with a multitude of rewards such as; discount on trading fees, VIP account status, ability to stake tokens and generate a passive income, access to trading academies via the metaverse and much more.
$TRCV is currently in its presale phase trading at $0.01, with an innovative platform and forward thinking development team experts predict a 50x price growth of Tradecurve’s during presale and 100x on launch.
For more information regarding Tradecurve’s Presale see links below:
Website: https://tradecurve.io/
Buy Presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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