{"id":551563,"date":"2023-09-15T19:00:29","date_gmt":"2023-09-15T19:00:29","guid":{"rendered":"https:\/\/wncen.com\/?p=551563"},"modified":"2024-06-11T07:16:04","modified_gmt":"2024-06-11T07:16:04","slug":"shiba-inu-dogecoin-cardano","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-dogecoin-cardano\/","title":{"rendered":"These Countries Are Picking Shiba Inu Over Dogecoin And Cardano"},"content":{"rendered":"<p class=\"p2\">Shiba Inu has been constantly garnering favor among crypto investors since its first price surge back in 2021. Even with the price drop over the last year, the meme coin still features as an investor favorite, surpassing the likes of Cardano and Dogecoin in countries with a large crypto investor presence.<\/p>\n<h2 class=\"p2\">Shiba Inu Search Surpass Dogecoin And Cardano<\/h2>\n<p class=\"p2\"><a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-google-search-interest-stands-at-critical-level-what-this-forecast-for-btc\/\">Google Trends<\/a> has shown that interest in Shiba Inu has surged ahead of that of Dogecoin in Canada and the United States, as well as Cardano. The data which shows the movements over the past 12 months shows points in time where the search for Dogecoin had spiked significantly, leading to a remarkable lead by Dogecoin compared to Shiba Inu and Cardano.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-prediction-10000\/\">Analyst\u2019s Ultra Bullish Prediction Puts XRP Price At $10,000, But When?<\/a><\/div>\n<p class=\"p2\">However, as time has passed and periods of brief spikes have been left behind, the trends have indicated that Shiba Inu remains the asset of the three gaining investors\u2019 attention. Since April 2023, SHIB has appeared ahead of both Cardano and Dogecoin with no end in sight for this trend.<\/p>\n<p class=\"p2\">In September alone, the interest in Shiba Inu has come out more than double those of Cardano and Dogecoin. Even toward the end of August when the crypto market crashed and interest waned, Shiba Inu went in the opposite direction.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-551565 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-15-at-13.48.22.png?w=460&#038;resize=460%2C257\" alt=\"Shiba Inu Google Trends\" width=\"460\" height=\"257\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-15-at-13.48.22.png?w=2508 2508w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-15-at-13.48.22.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-15-at-13.48.22.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-15-at-13.48.22.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-15-at-13.48.22.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-15-at-13.48.22.png?w=2048 2048w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-15-at-13.48.22.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-15-at-13.48.22.png?w=1140 1140w\" sizes=\"(max-width: 460px) 100vw, 460px\"><\/p>\n<pre style=\"text-align: center\">SHIB trends higher than ADA and DOGE | Source: <a href=\"https:\/\/trends.google.com\/trends\/explore?q=shiba%20inu,cardano,dogecoin&amp;hl=en\" rel=\"nofollow\">Google Trends<\/a><\/pre>\n<p class=\"p2\">This spike in interest shown in the chart above coincides with the launch of the <a href=\"https:\/\/wncen.com\/shiba-inu\/shiba-inu-scammers-shibarium\/\">Shibarium blockchain.<\/a> The <a href=\"https:\/\/wncen.com\/shiba-inu\/shibarium-update-shiba-inu\/\">Layer 2 network built atop the Ethereum blockchain<\/a> was in the works for a long time and when it eventually launched in August, it triggered renewed interest in the SHIB token which currently serves as its official governance token.<\/p>\n<h2 class=\"p2\">SHIB Falls Behind Dogecoin In Profitability<\/h2>\n<p class=\"p2\">While Shiba Inu is leading in terms of interest, it has not translated to profitability for the meme coin&#8217;s holders. The percentage of SHIB holders currently seeing any kind of profit is at only 9% compared to 41% for <a href=\"https:\/\/wncen.com\/news\/dogecoin\/elon-musk-biography-dogecoin\/\">DOGE<\/a> holders, according to data from <a href=\"https:\/\/app.intotheblock.com\/coin\/SHIB\" rel=\"nofollow\">IntoTheBlock<\/a>.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/crypto\/how-much-pulled-crypto\/\">New Reports Shows How Much Capital Was Pulled Out Of Crypto In August<\/a><\/div>\n<p class=\"p2\">However, <a href=\"https:\/\/wncen.com\/shiba-inu\/shiba-inu-scammers-shibarium\/\">SHIB<\/a> is still doing well compared to Cardano in this regard whose holder base is almost completely submerged in losses. Data shows that <a href=\"https:\/\/wncen.com\/analysis\/ada\/ada-price-tanking\/\">ADA<\/a> holders in profit are sitting at a sad 4%. When put in contrast with SHIB\u2019s numbers which is still disappointing, the meme coin is seeing twice as many holders in profit.<\/p>\n<p class=\"p2\">In terms of price performance, all three have performed similarly when comparing their current prices to their all-time prices. SHIB is down 91.49% from its ATH, while Dogecoin and Cardano are down 91.59% and 91.89%, respectively, data from <a href=\"These%20Countries%20Are%20Picking%20Shiba%20Inu%20Over%20Dogecoin%20And%20Cardano%0A%0AShiba%20Inu%20has%20been%20constantly%20garnering%20favor%20among%20crypto%20investors%20since%20its%20first%20price%20surge%20back%20in%202021.%20Even%20with%20the%20price%20drop%20over%20the%20last%20year,%20the%20meme%20coin%20still%20features%20as%20an%20investors%20favorite,%20surpassing%20the%20likes%20of%20Cardano%20and%20Dogecoin%20in%20countries%20with%20a%20large%20crypto%20investor%20presence.%0A%0AShiba%20Inu%20Search%20Surpass%20Dogecoin%20And%20Cardano%0A%0AGoogle%20Trends%20has%20shown%20that%20interest%20in%20Shiba%20Inu%20has%20surged%20ahead%20of%20that%20of%20Dogecoin,%20as%20well%20as%20Cardano.%20The%20data%20which%20shows%20the%20movements%20over%20the%20past%2012%20months%20shows%20points%20in%20time%20where%20the%20search%20for%20Dogecoin%20had%20spiked%20significantly,%20leading%20to%20a%20remarkable%20lead%20by%20Dogecoin%20compared%20to%20Shiba%20Inu%20and%20Cardano.%0A%0AHowever,%20as%20time%20has%20past%20and%20periods%20of%20brief%20spikes%20have%20been%20left%20behind,%20the%20trends%20have%20indicated%20that%20Shiba%20Inu%20remains%20the%20asset%20of%20the%20three%20gaining%20investors%E2%80%99%20attention.%20Since%20April%202023,%20SHIB%20has%20appeared%20ahead%20of%20both%20Cardano%20and%20Dogecoin%20with%20no%20end%20in%20sight%20for%20this%20trend.%0A%0AIn%20September%20alone,%20the%20interest%20in%20Shiba%20Inu%20has%20come%20out%20more%20than%20double%20of%20those%20of%20Cardano%20and%20Dogecoin.%20Even%20toward%20the%20end%20of%20August%20when%20the%20crypto%20market%20crashed%20and%20interest%20waned,%20Shiba%20Inu%20went%20the%20opposite%20direction.%0A%0AThis%20spike%20in%20interest%20shown%20in%20the%20chart%20above%20coincides%20with%20the%20launch%20of%20the%20Shibarium%20blockchain.%20The%20Layer%202%20network%20built%20atop%20the%20Ethereum%20blockchain%20was%20in%20the%20works%20for%20a%20long%20time%20and%20when%20it%20eventually%20launched%20in%20August,%20it%20triggered%20renewed%20interest%20in%20the%20SHIB%20token%20which%20currently%20serves%20as%20its%20official%20governance%20token.%0A%0ASHIB%20Falls%20Behind%20Dogecoin%20In%20Profitability%0A%0AWhile%20Shiba%20Inu%20is%20leading%20in%20terms%20of%20interest,%20it%20has%20not%20translated%20to%20profitability%20for%20the%20meme%20coin%E2%80%99s%20holders.%20The%20percentage%20of%20SHIB%20holders%20currently%20seeing%20any%20kind%20of%20profit%20is%20at%20only%209%25%20compared%20to%2041%25%20for%20Dogecoin%20holders,%20according%20to%20data%20from%20IntoTheBlock.%0A%0AHowever,%20SHIB%20is%20still%20doing%20well%20compared%20to%20Cardano%20in%20this%20regards%20whose%20holder%20base%20is%20almost%20completely%20submerged%20in%20losses.%20Data%20shows%20that%20ADA%20holders%20in%20profit%20are%20sitting%20at%20a%20sad%204%25.%20When%20put%20in%20contrast%20with%20SHIB%E2%80%99s%20numbers%20which%20is%20still%20disappointing,%20the%20meme%20coin%20is%20seeing%20twice%20as%20much%20holders%20in%20profit.\" rel=\"nofollow\">Messari<\/a> shows.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/nwj9Wa1v\/\" alt=\"Shiba Inu SHIB price chart from Tradingview.com (Dogecoin and Cardano)\" width=\"2884\" height=\"1746\"><\/p>\n<pre style=\"text-align: center\">SHIB price struggles at $0.000007 despite interest | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">SHIBUSD on Tradingview.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Featured image from Times Tabloid, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu has been constantly garnering favor among crypto investors since its first price surge back in 2021. Even with the price drop over the last year, the meme coin still features as an investor favorite, surpassing the likes of Cardano and Dogecoin in countries with a large crypto investor presence. Shiba Inu Search Surpass Dogecoin And Cardano Google Trends has shown that interest in Shiba Inu has surged ahead of that of Dogecoin in Canada and the United States, as well as Cardano. The data which shows the movements over the past 12 months shows points in time where the search for Dogecoin had spiked significantly, leading to a remarkable lead by Dogecoin compared to Shiba Inu and Cardano. Related Reading: Analyst\u2019s Ultra Bullish Prediction Puts XRP Price At $10,000, But When? However, as time has passed and periods of brief spikes have been left behind, the trends have indicated that Shiba Inu remains the asset of the three gaining investors\u2019 attention. Since April 2023, SHIB has appeared ahead of both Cardano and Dogecoin with no end in sight for this trend. In September alone, the interest in Shiba Inu has come out more than double those of Cardano and Dogecoin. Even toward the end of August when the crypto market crashed and interest waned, Shiba Inu went in the opposite direction. SHIB trends higher than ADA and DOGE | Source: Google Trends This spike in interest shown in the chart above coincides with the launch of the Shibarium blockchain. The Layer 2 network built atop the Ethereum blockchain was in the works for a long time and when it eventually launched in August, it triggered renewed interest in the SHIB token which currently serves as its official governance token. SHIB Falls Behind Dogecoin In Profitability While Shiba Inu is leading in terms of interest, it has not translated to profitability for the meme coin&#8217;s holders. The percentage of SHIB holders currently seeing any kind of profit is at only 9% compared to 41% for DOGE holders, according to data from IntoTheBlock. Related Reading: New Reports Shows How Much Capital Was Pulled Out Of Crypto In August However, SHIB is still doing well compared to Cardano in this regard whose holder base is almost completely submerged in losses. Data shows that ADA holders in profit are sitting at a sad 4%. When put in contrast with SHIB\u2019s numbers which is still disappointing, the meme coin is seeing twice as many holders in profit. In terms of price performance, all three have performed similarly when comparing their current prices to their all-time prices. SHIB is down 91.49% from its ATH, while Dogecoin and Cardano are down 91.59% and 91.89%, respectively, data from Messari shows. SHIB price struggles at $0.000007 despite interest | Source: SHIBUSD on Tradingview.com Featured image from Times Tabloid, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":551570,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685,83740,92559],"tags":[12332,89230,7,1803,83668,83667,89157,84562,84558],"class_list":["post-551563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","category-shiba-inu","category-shiba-inu-coin","tag-cardano","tag-cardano-news","tag-dogecoin","tag-dogecoin-news","tag-shib","tag-shiba-inu","tag-shiba-inu-news","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\n<title>These Countries Are Picking Shiba Inu Over Dogecoin And Cardano<\/title>\n<meta name=\"description\" content=\"Shiba Inu still features as an 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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