So Will Shiba Inu (SHIB) Or Dogecoin Rise More By 2023? 6 In 10 Say...

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in, or thinking about as they manage and build their personal portfolios.

This week we posed the following question to over 1,000 Benzinga visitors on cryptocurrency investing: By the end of the year, will Shiba Inu SHIB/USD or Dogecoin DOGE/USD grow more?

  • Shiba Inu: 39.3%
  • Dogecoin: 60.7%

In this week’s study, Dogecoin received a majority of support from traders and investors. Respondents were less confident about the near-time price action of Shiba Inu.

Ethereum-based cryptocurrency token Shiba Inu was trading around $0.00000812 at press time and is trading lower by around 1.10% Tuesday.

Meanwhile, Dogecoin is trading around $0.055, marginally higher by 0.25% Tuesday.

As our Benzinga team covered in June, Dogecoin bull and Tesla Inc TSLA CEO Elon Musk has been notably quiet about the meme-crypto's price action recently, seemingly ignoring Dogecoin’s sharp decline... Read More

See Also: Dogecoin Vs. Shiba Inu

For the uninitiated: Shiba Inu is a cryptocurrency that’s similarly themed to Dogecoin. The token leverages Ethereum’s robust network, and the token plans to become a vibrant DeFi ecosystem.

This survey was originally conducted by Benzinga in June 2022 and included the responses of a diverse population of adults 18 or older.

Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 1,000 adults.

Posted In: CryptocurrencyMarketsMoversTrading Ideas

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.