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Shiba Inu has increased in value by more than 22% over the past week. In the same time frame, its competitor, Dogecoin , has only managed to rise by 5%. As a result, SHIB investors seem to be in a much more comfortable position at the moment. With Shiba Inu outperforming Dogecoin , SHIB/DOGE is merely a few steps away from creating a record. From November 2022’s lows, this pair’s price is on the verge of registering a solid 100% inline. Apart from showing strength against Dogecoin , even the SHIB/USDT pair recently flashed a bullish signal by breaking above the upper trend line of its descending channel. Using the same as support last week, SHIB went on to climb above $0.000015. Furthermore, with the RSI hovering around 60, the market seemed to be amassing bullish momentum to drive up the asset’s price further. SHIB/DOGE, SHIB/USDT by TradingView Also Read: Is Shiba Inu the ‘Most Bullish’ Crypto Right Now? Is this the time to accumulate Shiba Inu? Accordi...

The proof-of-work mechanism has always received criticism for its energy-centric nature. For this very reason, proof-of-stake has received much attention from many. Ethereum also recently shifted to PoS, which was one of the most monumental upgrades for the world’s second-largest cryptocurrency. According to rumors, the Dogecoin Foundation and Vitalik Buterin, the co-founder of Ethereum, are working together to develop a proof-of-stake pro pos al. The collaboration followed the trail map schedule published by the Dogecoin Foundation in December. The trail map indicated that the switch to proof-of-stake was most likely to occur in 2022. However, the foundation has yet to officially announce the transition, and 2022 is ending in two days. However, dismissing all the rumors, DOGE core developer comes to Dogecoin ’s rescue. Dogecoin core developer dismisses PoS transition rumors Dogecoin core developer, Michi Lumin, recently tweeted about Dogecoin and its t...

Thanks to Elon Musk , Dogecoin (DOGE) has been receiving media attention. However, it was not always for the best reasons. DOGE’s value started to decline as Musk announced his intention to step down as CEO of Twitter recently. The asset’s price experienced a significant decline. During this time, it was also discovered that the biggest DOGE holder was moving DOGE. However, Elon Musk ’s latest tweet has had a significant impact on DOGE. Musk recently tweeted a Merry Christmas message accompanied by images of three dogs. The first image depicts a DOGE sitting on top of another dog wearing Santa Claus attire. Even though the tweet didn’t have an effect on the price of DOGE, there has been a rise in trading volume. Merry Christmas & Good Cheer to All! pic.twitter.com/SupTpz4bLY — Elon Musk (@elonmusk) December 25, 2022 Dogecoin trading volume spikes by 115% CoinMarketCap data reveal that there has been a 115% spike in ...