Who Will Reach $1 First? Shiba Inu or Dogecoin 🐶
In the race to $1, Dogecoin has more chances of reaching the mark than Shiba Inu. Dogecoin has already been close to $1 at $0.73 and missed getting there by a margin of 27 Cents. DOGE is currently trading at $0.08 and only needs to knock out two
'zeroes' in the indices to reach $1. On the other hand, Shiba In has never reached the basic milestone of $0.01 since its inception in August 2020.
Additionally, Shiba Inu is trading at $0.00000820 level and has five more 'zeroes' to delete before reaching $1. Deleting five 'zeroes' in a row without a market downturn seems to be an impossible task at the moment. Also, the Shibarium layer-2 network is not burning trillions of SHIB and removing tokens from circulation. The development could make it hard for SHIB to even remove two 'zeroes' in the charts.
In conclusion, Dogecoin has more chances of reaching $1 first than its competitor Shiba Inu.
However, the timeline for DOGE and SHIB to reach $1 or $0.01 remains a mystery and can only be answered by time.
NOTE: Trade with caution
$SHIB $DOGE #BinanceTournament #ShibaSurge
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