In a recent post by Ðima James Potts (@DimaPotts36), the ongoing debate between Dogecoin (DOGE) and Bitcoin (BTC) is explored through a detailed analysis of their historical performance. Potts presents two charts comparing the gains of each cryptocurrency across different cycles, highlighting an intriguing trend.
He notes that Bitcoin’s most significant gains occurred during its inaugural cycle, where it achieved impressive growth as the first cryptocurrency in the market. Specifically, he details the following percentage increases:
Read Also: Dogecoin (DOGE) Gears Up for Big Price Rally as Familiar Bullish Pattern Reemerges: Will History Repeat?
Dogecoin:1st cycle (2015-2018): +21,821%2nd cycle (2020-2021): +54,890%
Bitcoin:2nd cycle (2015-2017): +12,804%3rd cycle (2018-2021): +2,109%
Read Also: This Is the Moment for Bitcoin Price to ‘Bounce,’ Says Veteran BTC Investor
Potts emphasizes that while Dogecoin’s gains have consistently increased with each cycle, Bitcoin’s have shown a noticeable decline. He expresses strong confidence that Dogecoin will surpass its previous cycle gains, whereas Bitcoin is likely to continue its downward trend.
Statistics Support DOGE Price Gains
Furthermore, CEO (@Investments_CEO) adds to the conversation by citing data from CoinMarketCap’s Community Sentiment, indicating that 80% of 10,762 participants believe that Dogecoin is poised for a price increase.
JUST IN: According to CoinMarketCap’s Community Sentiment 80% of 10,762 participants believe that $DOGE is likely to experience a price increase. pic.twitter.com/NgA30TZprN
— CEO (@Investments_CEO) October 8, 2024
This sentiment reinforces Potts’s assertion that Dogecoin may be the stronger contender in the current crypto landscape, as he proclaims, “To the Moon!”
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The post Dogecoin (DOGE) vs. Bitcoin (BTC): Which Could Print Bigger Gains This Crypto Cycle? appeared first on CaptainAltcoin.
