Two meme coins, Shiba Inu (SHIB) and Dogecoin (DOGE) are always at the center of profitability debates as the bitcoin market becomes hot. Dogecoin is trading right now at about $0.14, having jumped 80.17% from its $0.074 low on January 8. Although on-chain data indicates that more than half of DOGE holders are happy to keep their positions, the continuous altcoin surge has not yet clearly extended to the meme coin market. This prepares the ground for a profitability study, exposing the reason Dogecoin stays more appealing than Shiba Inu.
More than half of Dogecoin holders right now are profitable.
Investors moved their money into BTC and big Layer-1 altcoins such as Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) to maximize gains amid market excitement in the run-up to the Bitcoin ETF approval decision. Memecoins slightly pulled back during this period, but Dogecoin was ready for a comeback when liquidity resumed. According to current statistics from IntoTheBlock, 52.21% of all investors—over 2.87 million DOGE holders—are now sitting on unrealized gains. By contrast, 521,590 addresses (9.35%) are at break-even while 2.11 million DOGE addresses (38.45%) are in a net-loss posture. With almost half of Dogecoin investors currently in profit, this encouraging sign implies increasing hope and confidence among DOGE holders, hence fostering a suitable climate for possible price rises.
Shiba Inu Trending Far Below Profitability of Dogecoin
With a market valuation of around $11.04 billion, Shiba Inu trails Dogecoin in profitability. According to current statistics, just 394,980 (29.79%) of SHIB investors are in the green; shockingly, 63.47% are already losing money. This discrepancy stands out sharply from the positive metrics of Dogecoin. When most investors are profitable, it creates a positive feedback loop among stakeholders, therefore promoting accumulation and raising prices. On the other hand, a lot of investors are underwater usually results in panic selling, therefore impeding any possible comeback. For those ready to hang till 2025, this research indicates Dogecoin is positioned to be more profitable than Shiba Inu. Investors should take into account where their money will produce the best profits as the scene of cryptocurrencies changes.
Which Right Now in 2024 Is the Best to Buy?
Although both Shiba Inu and Dogecoin have advantages, Rexas Finance (RXS), a somewhat recent participant in the crypto market with a clear use case, presents a more interesting investing choice in 2024. Rexas Finance specializes in real-world asset (RWA) tokenization, enabling users to tokenize practically any item, from real estate and art to commodities and intellectual property, unlike Dogecoin and Shiba Inu, which essentially function as speculative assets. Rexas Finance is driven mostly by a dedication to use blockchain technology to democratize asset ownership and simplify transactions. The strong tools and user-friendly interface of the platform let even nontechnical people quickly develop, run, and trade asset-backed tokens. Rexas Finance is redefining asset perception and exchange in the digital era by removing conventional obstacles to asset tokenization.
Furthermore, Rexas Finance gives security and compliance top importance and uses cutting-edge techniques to guard consumers and guarantee transaction accuracy. Essential for general acceptance, this commitment helps consumers to develop confidence and trust. Another quality of Rexas Finance is constant innovation since the staff actively investigates new technologies to improve its platform and satisfy the changing wants of its customers. Rexas Finance is at Presale Stage 4 right now; one RXS costs $0.060 and the presale is 78.85% filled. Out of a targeted $5,450,000, it has so far raised $4,104,707, with 87,500,000 sold out of 110,000,000. The price will grow to $0.070 in the next stage. With estimates showing Rexas Finance might reach $5 by 2025, this offers an amazing potential gain of 8,233.33% from the present price of $0.060.
In conclusion
All things considered, Rexas Finance could be the true star of the show even if Dogecoin right now presents a more appealing investment choice than Shiba Inu. Rexas Finance distinguishes itself as a far better choice for investors seeking notable returns by 2025 with its creative approach to asset tokenizing, strong security measures, and user-friendly platform. Looking beyond the conventional meme coins and investing in the future of asset management with Rexas Finance will help you make sensible decisions about your next action in the crypto field.
About Rexas Finance: Website
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Source: https://cryptodaily.co.uk/2024/10/dogecoin-doge-vs-shiba-inu-shib-which-one-will-be-more-profitable-if-you-hold-until-2025