Dogecoin (DOGE) has been leading the meme coin ecosystem for years. However, during the recent bull rally, DOGE lagged behind Shiba Inu (SHIB), the second most popular meme token.
Dogecoin(DOGE)은 수년간 밈 코인 생태계를 선도해 왔습니다. 그러나 최근 강세장에서 DOGE는 두 번째로 인기 있는 밈 토큰인 Shiba Inu(SHIB)보다 뒤처졌습니다.
Expert Opinion on DOGE
Both meme tokens managed to significantly increase their value in the past few days, benefiting from the bull market. Popular analyst Crypto Dep recently shared a tweet highlighting the social performance of the best meme token. SHIB topped the list, followed by DOGE. Pepecoin (PEPE), FLOKI, and QUACK completed the top five.
두 밈 토큰 모두 지난 며칠 동안 강세장의 혜택을 받아 가치가 크게 증가했습니다. 인기 분석가 Crypto Dep은 최근 최고의 밈 토큰의 사회적 성과를 강조하는 트윗을 공유했습니다. SHIB가 1위를 차지했고 DOGE가 그 뒤를 이었습니다. 페페코인(PEPE), FLOKI, QUACK이 상위 5위를 차지했습니다.
According to the tweet, DOGE’s social engagement was 35.1 million, while SHIB’s metric reached 56 million. Additionally, SHIB and DOGE had 3.12 thousand and 1.35 thousand mentions, respectively, on social media. This reflected Shiba Inu’s dominance over Dogecoin on the social front.
Despite the high social interaction, both tokens experienced a decline of over 50%, according to LunarCrush. The rise in Altrank values is considered a bullish signal.
For example, DOGE’s price increased by more than 10% in the past 24 hours. It was trading at $0.07235 with a market capitalization of $10.2 billion. DOGE’s volume also saw an increase of over 50% in the past 24 hours. Looking at DOGE’s daily chart, it appears that the upward trend may soon come to an end.
Technical Indicators for DOGE
DOGE에 대한 기술 지표
The token’s price reached the upper limit of the Bollinger Bands. Moreover, the relative strength index (RSI) entered the overbought zone, indicating increasing selling pressure. Shiba Inu’s performance, like DOGE, was impressive, with its value increasing by over 11% in the past 24 hours.
토큰 가격이 볼린저 밴드 상한선에 도달했습니다. 더욱이 상대강도지수(RSI)가 과매수권에 진입해 매도 압력이 높아지고 있음을 시사했습니다. 시바견의 성과는 DOGE와 마찬가지로 지난 24시간 동안 가치가 11% 이상 상승하는 등 인상적이었습니다.
CryptQuant’s data revealed a decrease in SHIB’s currency reserves at the time of writing. This suggests that there is low selling pressure on the meme token. Other bullish measures were active addresses and transfer volume. The token’s RSI entered the overbought zone and shone with relevant signals.
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