Once again in 2021, at the height of Mim Mimi, Sheba Eno ran over 7,000,000 % to outperform the most firm performance. This performance was achieved with the expectation that Shiba Eno was “Dukwin’s killer” and that Mimi’s currency will eventually worry Duj to become the leading Mimi currency.
However, over time, both Dogecoin and Shiba Inu decreased, with more than 80 % of its highest levels ever. Above all, Shiba Inu failed to topple Dogecoin already, with the SHIB market remaining much lower than Doge. But since the market is what is expected to be another bull market, the question now is, is it still possible to overcome Dogecoin as Mimi’s currency No. 1?
Dogecoin gets ETF files while Shippa Inu is giving up
The approvals of the products circulated to the exchange of encryption (ETF) by the Securities and Stock Exchange Committee (SEC) was the main driver behind this bull. The circulating investment funds on Bitcoin and Ethereum have already got green light, so attention has turned into other altcoins. XRP, Solana, Litecoin and Dogcoin were the favorite candidate, while the likes of Shiba Inu were not found, despite the constant pressure of the Shib community.
For example, there was Four files for investment funds circulated in Dogoin From BitWise, Grayscale, Osprey Fund, and 21shares. The decision of the first of these requests is expected to take place, which is the follow -up of ETF gray, on May 21, which is only a month from now.
Meanwhile, there were no official files of the ETF, although the SHIB team gives reasons for its existence. Lucy, Marketing Leadership Shayba Eno, Make up In the X (previously on Twitter) that SHIB is a good candidate for the ETF newspaper listed in more than 110 exchanges and 212 trading pairs. “It is everywhere: it is easy to reach, easy to trade,” Lucy argued.
Dog is open interest over $ 1.5 billion, while Shayb is dwindling
Another major scale where Dogecoin continues to outperform Shiba Inu in terms of attention. while Open attention is diminished through the paintingDoug’s open interest is much higher than Shaib’s attention.
Coinglass data He appears Dogoin’s open interest is still sitting at about $ 1.5 billion, while SHIBA Inu open interest is still $ 131 million.
This indicates that encryption traders are more interested in DOGE compared to SHIB, and with Meme coins paid attention, it indicates that Doge will remain advanced Gray.
The graph from Tradingview.com
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