CAN SHIBA INU PRICE FLIP DOGECOIN IF ELON MUSK LEAVES DOGE AMID SENATE PROBE!
Shiba Inu (SHIB) price could potentially flip Dogecoin (DOGE) if Elon Musk leaves DOGE amid a Senate probe, but it would require significant growth. Here's what you need to know :
Current Market Cap: SHIB's market cap is $8.2 billion, while DOGE's is $27.01 billion. For SHIB to overtake DOGE, its market cap would need to surge over three times.
SHIB Price: SHIB is currently trading at $0.0000137, with a 2.44% decline in 24 hours. Its price would need to increase substantially to flip DOGE.
DOGE Price: DOGE is trading at $0.18, with a 0.21% increase in 24 hours.
Bullish Signs: SHIB trades within an ascending parallel channel on the daily price chart, indicating potential bullish momentum.
Key Factors: A high burn rate and intense demand from retail investors could drive SHIB's price up and potentially allow it to flip DOGE.
Some experts believe that if Musk steps back from DOGE due to the Senate probe, it could spark optimism among SHIB community members, potentially driving up the price. However, both SHIB and DOGE are highly volatile, and their prices can fluctuate rapidly .$DOGE $SOL #doge⚡ #Shibarium #BinanceAlphaAlert #AbuDhabiStablecoin #XRPETFs