Will Shiba Inu (SHIB) beat the market cap of Dogecoin (DOGE)? Analysts reckon Retik Finance (RETIK) will do that instead
In the dynamic world of cryptocurrencies, the race to the top is ever-changing. Shiba Inu (SHIB) and Dogecoin (DOGE), two of the most popular meme coins, have been in a neck-and-neck battle in terms of market capitalization. However, analysts are now shifting their focus to a new contender – Retik Finance (RETIK), which they believe has the potential to not just compete but surpass the market caps of both SHIB and DOGE.
As of writing, Shiba Inu, with its recent price at $0.000010536, has experienced a slight decrease of 0.52% over the past 24 hours, bringing its market capitalization to approximately $6.2 billion. This year, SHIB has seen a modest increase of 2.24% in its value.On the other hand, Dogecoin, currently priced at $0.09104, has also seen a marginal dip of 0.23% in the same timeframe. Its market cap stands at nearly $13 billion, with a year-to-date change of 2.02%. This puts DOGE in a significantly stronger position than SHIB in terms of market capitalization.
The ongoing tussle between SHIB and DOGE has been a topic of interest for both their communities. While SHIB has made considerable gains in its relatively short existence, it still lags behind DOGE, which benefits from its longer presence in the market and a more established user base. The question of whether SHIB can surpass DOGE’s market cap is complex, hinging on several factors including community support, market trends, and broader economic conditions.
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Amidst this rivalry, Retik Finance is emerging as a new favourite among analysts. Retik Finance distinguishes itself with its strong DeFi offerings and potential for real-world utility.
Why Retik Finance Stands Out:
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