柴犬狗币相关性减弱：SHIB继续上涨

Shiba Inu has been generating significant attention due to its recent price surge. The meme coin experienced a substantial price increase over the course of this week. Starting at a low of $0.000008348, the coin’s value surged to reach a peak of $0.00001036. This substantial shift led to a remarkable 19.17% price hike over the past week. Meanwhile, within this period of price growth, the correlation between Shiba Inu and Dogecoin [DOGE], the OG meme crypto asset, appeared to be diminishing.

Data sourced from IntoTheBlock indicated that the 30-day correlation between DOGE and SHIB dropped to 0.36 today. This is a notable decrease from yesterday’s peak of 0.74. This shift underscores the idea that SHIB is gradually breaking away from DOGE’s influence and establishing a distinct trajectory.

Also Read: Shiba Inu: BlackRock-backed Robinhood Holds 20 Trillion SHIB

Shiba Inu-Dogecoin’s 60-Day Correlations remain robust

Nevertheless, the 60-day correlation between the two meme coins was 0.74. This implies that both assets typically exhibit parallel price movements. In essence, when Shiba Inu experiences price surges or drops, Dogecoin’s price frequently mirrors these changes.

Currently, Dogecoin has not replicated the price trajectory observed in SHIB. At press time, the meme coin was trading at $0.07554, indicating a daily increase of 0.24% and a weekly advancement of 1.80%. Nevertheless, crypto analyst Ali Martinez suggested that keeping a close watch on Dogecoin could be wise due to the robust correlation coefficient it shares with SHIB.

Shiba Inu, on the other hand, was trading at $0.000009915. The asset was recording a 1.30% daily spike at press time. The asset is expected to continue its upswing as Shibarium, a highly anticipated layer-2 update, is slated to go live this month. Therefore, DOGE might benefit from a potential uptick.

Also Read: Shiba Inu Developer Unveils 3 New Partnerships: Price Spikes 19%

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柴犬因其最近的价格飙升而引起了广泛关注。本周，模因币的价格大幅上涨。从 0.000008348 美元的低点开始，代币的价值飙升至 0.00001036 美元的峰值。这一重大转变导致过去一周价格显着上涨 19.17%。与此同时，在这段价格增长期间，柴犬和 OG meme 加密资产狗狗币 [DOGE] 之间的相关性似乎正在减弱。来自 IntoTheBlock 的数据表明，DOGE 和 SHIB 之间的 30 天相关性今天降至 0.36 。这比昨天的峰值 0.74 显着下降。这一转变强调了 SHIB 正在逐渐摆脱 DOGE 的影响并建立独特轨迹的想法。另请阅读：Shiba Inu：贝莱德支持的 Robinhood 持有 20 万亿 SHIBShiba Inu-Dogecoin 的 60 天相关性仍然强劲尽管如此，Shiba Inu 与 Dogecoin 之间的 60 天相关性仍然强劲两个 meme 币是 0.74。这意味着两种资产通常表现出平行的价格变动。本质上，当柴犬经历价格上涨或下跌时，狗狗币的价格经常反映这些变化。目前，狗狗币还没有复制在SHIB中观察到的价格轨迹。截至发稿，meme 币交易价格为 0.07554 美元，日涨幅为 0.24%，周涨幅为 1.80%。尽管如此，加密货币分析师 Ali Martinez 表示，密切关注狗狗币可能是明智之举，因为它与 SHIB 具有强大的相关系数。另一方面，Shiba Inu 的交易价格为 0.000009915 美元。截至发稿时，该资产每日上涨 1.30%。随着备受期待的 Layer-2 更新 Shibarium 将于本月上线，该资产预计将继续上涨。因此，DOGE 可能会受益于潜在的上涨。另请阅读：Shiba Inu 开发商推出 3 个新合作伙伴：价格飙升 19%cryptocryptocurrencyDogecoinshibshiba inu