(ORDO NEWS) — Dogecoin and DOGE killer Shiba Inu are the most traded cryptocurrencies in the global cryptocurrency markets. The rivalry between the two coins is likely to intensify with the addition of the SHIB-DOGE trading pair to the Binance exchange.
Dogecoin Fights for Leadership Among Joke Coins and Remains Among the Top 10 Cryptocurrencies
The Shiba Inu (SHIB) coin, also known as the Dogecoin killer, had surpassed DOGE in overall market cap, albeit briefly, last week. After that, DOGE regained its lost market value in order to regain its position among the world‘s top 10 cryptocurrencies as a result of a sudden jump in trading volume.
Binance and Crypto.com, one of the world’s largest cryptocurrency exchanges, have added the SHIB-DOGE trading pair to their bodies as the two cryptocurrencies increase their popularity. Shiba Inu recently managed to make a huge splash regarding on-chain activity after the altcoin’s daily trading volume surpassed Ethereum, Solana, and other altcoins. Solana recently climbed to fourth place, usurping Cardano ‘s place in the list of the world’s largest cryptocurrencies.
However, DOGE users are waiting for the DOGE-ETH bridge to be implemented in order to increase the usage areas of the joke coin. DOGE-supporting analyst named TDogeWhisperer revealed that developer @michilumin is working on a node on Starlink, within DOGE, for users who do not have access to banks and the internet.
There was no explanation from the Starlink front for this rumor. Elon Musk‘s views on this subject are also curious.
DOGE and SHIB continue to be among the most traded cryptocurrencies in the global cryptocurrency markets.
Analysts had evaluated whether the DOGE price trend could reach up to $1. One analyst, Dogeco the price of the first months of 2021, Bitcoin ‘Unlike the movements that rally live, and since then the low hills and said that the formation of low trough and claimed that this situation is a downward trend pointed out.
While the analyst believes that the DOGE price could rise to $1, he thinks that the altcoin price needs to undergo a trend reversal in order to take a leap.
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