#🔥🔥SHIBA INU vs DOGE Coin 🔥🔥💪
🎉🔥Explaining Why Dogecoin (DOGE) Is Currently a Better Catch Than Shiba Inu (SHIB)🔥🔥
💪After reaching its highest level in two years, the price of Dogecoin (DOGE) has been correcting over the past few days. The meme coin was expected to surge further, but it paused in the last few days.
Interestingly, this situation has presented Dogecoin to its investors in a new and positive light, which could be the reason behind its recovery.
Will the Decrease in Dogecoin Price Rebound?
The price of Dogecoin has dropped by over 26% in the last ten days after reaching its 26-month high of $0.178. At the time of writing, the altcoin is trading at $0.134.
However, this decrease, although resulting in losses, has opened up growth potential for DOGE. In fact, the altcoin has become a more profitable asset than its biggest competitor, Shiba Inu.
This is because the Market Value-to-Realized Value (MVRV) ratio of DOGE indicates that the cryptocurrency is primed for accumulation. The MVRV ratio compares a cryptocurrency's market value to its realized value, showing whether assets are overvalued or undervalued.
It is also displaying the right conditions for trading. When Dogecoin's price correction takes it below -4%, it enters the opportunity zone. This range marked between -4% and -13% has historically been a point of recovery for prices, making it an ideal area for accumulation.
