{"id":626703,"date":"2024-06-27T17:30:48","date_gmt":"2024-06-27T17:30:48","guid":{"rendered":"https:\/\/wncen.com\/?p=626703"},"modified":"2024-06-27T14:36:50","modified_gmt":"2024-06-27T14:36:50","slug":"dogecoin-profitability-shiba-inu","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/","title":{"rendered":"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%"},"content":{"rendered":"

Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have had different things to discuss. As two of the most popular meme coins, Dogecoin and Shiba Inu seem pretty similar at first glance. Particularly, their price movements in the past few weeks have left many holders disappointed <\/span>amidst a wider decline<\/span><\/a> among top cryptocurrencies. However, on-chain data suggests SHIB holders might be feeling the heat the most, as the number of addresses in losses has surged recently to almost half of the total addresses.<\/span><\/p>\n

Comparing Dogecoin And Shiba Inu’s Profitability<\/h2>\n

Both DOGE and <\/span>SHIB <\/span><\/a>are currently experiencing negative price performance in the past 24 hours and seven days. However, the discrepancy between the two is the number of addresses that have slipped into losses during this price decline. According to IntoTheBlock’s profitability metric, the current decline is still not as daunting for DOGE holders.\u00a0<\/span><\/p>\n

Related Reading: Triangle Formation That Sparked The 2017 XRP Rally Returns, What\u2019s The Target?<\/a><\/div>\n

IntoTheBlock’s profitability metric follows wallets that are “in the money,” “at the money,” and “out of the money.” “In the money” tracks those making a profit at the current price, while “out the money” tracks those in losses. Comparing the two assets using this metric shows that around 75% of <\/span>DOGE addresses<\/span><\/a> are still in profit, in contrast to 52% of <\/span>SHIB addresses<\/span><\/a>.\u00a0<\/span><\/p>\n

Furthermore, 48% of SHIB addresses are currently in losses, far higher than 23% of DOGE addresses in losses. Lastly, 119,380 DOGE addresses, representing 2% of the total are currently “at the money” at an average price of $0.1245. Around 7,630 SHIB addresses, representing 1% of the total addresses, are “at the money” at an average price of $0.000017.<\/span><\/p>\n

Decoding Recent Price Action<\/h2>\n

At the time of writing, DOGE is trading at $0.123, down by 1.2% and 1.98% in the past 24 hours and seven days, respectively. SHIB is trading at $0.00001713, down by 2.05% in 24 hours and 7.56% in the past seven days.\u00a0<\/span><\/p>\n

Interestingly, DOGE whales have taken the price decline <\/span>as an opportunity<\/span><\/a> to increase their holdings. On-chain data regarding DOGE balance across various exchanges <\/span>suggests whales are accumulating<\/span><\/a>.<\/span><\/p>\n

Related Reading: Bitcoin Crash Not Done: CoinShares Analyst Predicts \u2018True Correction\u2019 Amid Outflows<\/a><\/div>\n

Dogecoin has proven itself to be the top meme coin for holders over the long run. This is due to its larger community, its status as the king of meme coins, and a higher number of whales and devout investors waiting to increase their holdings at any given opportunity. Consequently, DOGE has always managed to perform better during intense price declines.\u00a0<\/span><\/p>\n

While Shiba Inu has closely followed behind <\/span>in terms of growth<\/span><\/a>, the meme coin is <\/span>still yet to gain<\/span><\/a> a following as huge as Dogecoin. However, the future <\/span>remains bright<\/span><\/a> for <\/span>both meme coins<\/span><\/a>.\u00a0<\/span><\/p>\n

\"Dogecoin
DOGE price sits at $0.12 | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have had different things to discuss. As two of the most popular meme coins, Dogecoin and Shiba Inu seem pretty similar at first glance. Particularly, their price movements in the past few weeks have left many holders disappointed amidst a wider decline among top cryptocurrencies. However, on-chain data suggests SHIB holders might be feeling the heat the most, as the number of addresses in losses has surged recently to almost half of the total addresses. Comparing Dogecoin And Shiba Inu’s Profitability Both DOGE and SHIB are currently experiencing negative price performance in the past 24 hours and seven days. However, the discrepancy between the two is the number of addresses that have slipped into losses during this price decline. According to IntoTheBlock’s profitability metric, the current decline is still not as daunting for DOGE holders.\u00a0 Related Reading: Triangle Formation That Sparked The 2017 XRP Rally Returns, What\u2019s The Target? IntoTheBlock’s profitability metric follows wallets that are “in the money,” “at the money,” and “out of the money.” “In the money” tracks those making a profit at the current price, while “out the money” tracks those in losses. Comparing the two assets using this metric shows that around 75% of DOGE addresses are still in profit, in contrast to 52% of SHIB addresses.\u00a0 Furthermore, 48% of SHIB addresses are currently in losses, far higher than 23% of DOGE addresses in losses. Lastly, 119,380 DOGE addresses, representing 2% of the total are currently “at the money” at an average price of $0.1245. Around 7,630 SHIB addresses, representing 1% of the total addresses, are “at the money” at an average price of $0.000017. Decoding Recent Price Action At the time of writing, DOGE is trading at $0.123, down by 1.2% and 1.98% in the past 24 hours and seven days, respectively. SHIB is trading at $0.00001713, down by 2.05% in 24 hours and 7.56% in the past seven days.\u00a0 Interestingly, DOGE whales have taken the price decline as an opportunity to increase their holdings. On-chain data regarding DOGE balance across various exchanges suggests whales are accumulating. Related Reading: Bitcoin Crash Not Done: CoinShares Analyst Predicts \u2018True Correction\u2019 Amid Outflows Dogecoin has proven itself to be the top meme coin for holders over the long run. This is due to its larger community, its status as the king of meme coins, and a higher number of whales and devout investors waiting to increase their holdings at any given opportunity. Consequently, DOGE has always managed to perform better during intense price declines.\u00a0 While Shiba Inu has closely followed behind in terms of growth, the meme coin is still yet to gain a following as huge as Dogecoin. However, the future remains bright for both meme coins.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":626714,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685,92559],"tags":[1785,89174,85675,7,1803,1804,79599,79600,83668,89178,84473,83667,89157,86437,84562,84558],"class_list":["post-626703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","category-shiba-inu-coin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-price","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\nDogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%<\/title>\n<meta name=\"description\" content=\"Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have seen different things.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%\" \/>\n<meta property=\"og:description\" content=\"Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have seen different things.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T17:30:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-27T14:36:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%\",\"datePublished\":\"2024-06-27T17:30:48+00:00\",\"dateModified\":\"2024-06-27T14:36:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/\"},\"wordCount\":487,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024\",\"keywords\":[\"doge\",\"DOGE news\",\"Doge price\",\"Dogecoin\",\"Dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\",\"SHIB\",\"SHIB news\",\"SHIB price\",\"Shiba Inu\",\"Shiba Inu news\",\"Shiba Inu Price\",\"SHIBUSD\",\"SHIBUSDT\"],\"articleSection\":[\"Dogecoin\",\"Shiba Inu Coin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/\",\"url\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/\",\"name\":\"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024\",\"datePublished\":\"2024-06-27T17:30:48+00:00\",\"dateModified\":\"2024-06-27T14:36:50+00:00\",\"description\":\"Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have seen different things.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"Dogecoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. 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. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%","description":"Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have seen different things.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/","og_locale":"en_US","og_type":"article","og_title":"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%","og_description":"Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have seen different things.","og_url":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-06-27T17:30:48+00:00","article_modified_time":"2024-06-27T14:36:50+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%","datePublished":"2024-06-27T17:30:48+00:00","dateModified":"2024-06-27T14:36:50+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/"},"wordCount":487,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024","keywords":["doge","DOGE news","Doge price","Dogecoin","Dogecoin news","dogecoin price","dogeusd","dogeusdt","SHIB","SHIB news","SHIB price","Shiba Inu","Shiba Inu news","Shiba Inu Price","SHIBUSD","SHIBUSDT"],"articleSection":["Dogecoin","Shiba Inu Coin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/","url":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/","name":"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024","datePublished":"2024-06-27T17:30:48+00:00","dateModified":"2024-06-27T14:36:50+00:00","description":"Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have seen different things.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024","width":1792,"height":1024,"caption":"Dogecoin"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. 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. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%","url":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-profitability-shiba-inu\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","doge news","doge price","dogecoin","dogecoin news","dogecoin price","dogeusd","dogeusdt","shib","shib news","shib price","shiba inu","shiba inu news","shiba inu price","shibusd","shibusdt"],"dateCreated":"2024-06-27T17:30:48Z","datePublished":"2024-06-27T17:30:48Z","dateModified":"2024-06-27T17:30:48Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Profitability Rises To 75% As Shiba Inu Plunges To 52%\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-profitability-shiba-inu\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-profitability-shiba-inu\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/Dogecoin_2c5236.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/Dogecoin_2c5236.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"doge news\",\"doge price\",\"dogecoin\",\"dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\",\"shib\",\"shib news\",\"shib price\",\"shiba inu\",\"shiba inu news\",\"shiba inu price\",\"shibusd\",\"shibusdt\"],\"dateCreated\":\"2024-06-27T17:30:48Z\",\"datePublished\":\"2024-06-27T17:30:48Z\",\"dateModified\":\"2024-06-27T17:30:48Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/Dogecoin_2c5236.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/626703"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=626703"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/626703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/626714"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=626703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=626703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=626703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}