parag jadhav
With the rise of Shiba Inu above $0.00002, speculations have ripened that it may cross Dogecoin’s market cap in the medium term. To become the memecoin market leader.
Dogecoin’s low growth and sideways price behavior show that the crypto is still indecisive despite broader market rallies.
Only a $5.5 billion gap remains in the market cap of Dogecoin ($15 billion) and Shiba Inu ($9.5 billion), making it much easier for the latter to emerge as the top memecoin if Dogecoin remains indecisive throughout the current alt season.
Shiba Inu currently looks at a possible rally of 300% based on whales and retail demand. A growth above $0.75 could take the crypto to new highs and make it the largest memecoin.
Shiba Inu may remain a top asset in the memecoin markets alongside Dogecoin. However, the gap between the two seems to vanish as time progresses.