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Dogecoin outpaces 'killer' Shiba Inu to climb 32%, gears up to rise higher
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Dogecoin has once again claimed its peak as the most valuable meme cryptocurrency with nearly 38 percent rise, outpacing Shiba Inu.
The price of Dogecoin touched $0.3298, the highest since August, and has now reclaimed its rank at eighth from tenth, according to CoinmMrketCap, at the time of writing this article. The meme token has formed a W-pattern, indicating two lows. This double bottom in technical analysis of a stock in markets signals the beginning of potential uptrend.
Dogecoin price trend displaying a W. [Image: WazirX]The market capitalisation of Dogecoin has shot past $42 billion, up nearly 30 percent in the last 24 hours.
While Dogecoin was overtaken by its arch-rival, Shiba Inu, dubbed as the 'Dogecoin killer', this might be the
Read more on moneycontrol.comAbout this in other media
Top cryptocurrency prices today: Solana, XRP soar 11% each, Shiba Inu tanks 7% economictimes.indiatimes.com /3 years ago
Shiba Inu passes Dogecoin as top "dog" in cryptocurrency economictimes.indiatimes.com /3 years ago
Top cryptocurrency prices today: Shiba Inu, Solana soar 12%; Ethereum tanks 4% economictimes.indiatimes.com /3 years ago
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