The last survey indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin. Questionnaire, 14 financial experts conducted by the Finders surveyed in terms of opinions on whether Shiba will ever overtake the dog in market capitalization.
Their findings? They 79% of all participants believe that Shiba Inu will never reverse Dogecoin in the area of market capitalization.
Reports from survey overwhelming consensus towards Shibing Doge
The results indicate a clear attitude of most experts. Only 7% of respondents showed that Shib At some point, he would exceed Doge in the future, and those few Stalwarts predicted that he could occur as early as 2026.
The remaining 14% was not certain about the fate of Shiba. The overwhelming rejection of Shiba Inu’s ability to replace the Doge as a leading coin of mem reflects a wider market opinion regarding two tokens.
Problems with deliveries are the main obstacle for Shiba Inu
Huge challenges in the supply of shib tokens are one potential consideration to prevent Dogecoin, Dr. Sathvik Vishwanath, the jurisdictional head of Unnocoin, revealed.
Consider circulation SHIB supply at 589.25 trillion compared to just 148.82 billion for Doge: the gap in deliveries is huge. Vishwanath said that despite the excellent tokenomics of Shiba and solid community support, the huge supply of tokens stops Shiba from taking over the Doge market capital.
A huge difference in the current market position
Currently, Dogecoin It is in the eighth position among the cryptos with market capitalization of $ 24.60 billion, while Shiba Inu ranks 17th with a market capitalization of $ 7.3 billion. Shiba would have to enhance its value by 240%to achieve the current dog position, assuming that the price of Dogecoin remains constant, and both tokens have the same supply of circulating.
The current whaler’s activity suggests a possible return
Unlike the negative expectations of analysts, modern trade statistics show a significant enhance in Shiba Inu. According to INTOTHEBLOCK, with dominant whales, Dail Daily trade in the amount of trade increased to 224 billion tokens in 24 hours.
The influence of immense owners increased from 96 billion shafts on April 13 to over 224 billion on April 14. This enhance in the percentage of major investors can be a sign of mood change, because whales will establish before providing for moving prices.
This is not the first time cryptocurrencies saw conflicts about superiority. In 2021, Shiba Inu briefly dethroned Dogecoin when his market capitalization affected $ 39 billion. Unfortunately, this victory was low -lived when Doge quickly regained the title of coin number one.
A distinguished picture from Pixabay, chart from TradingView
