Meme coins were the highlight of the year. Dogecoin (DOGE), the OG meme cryptocurrency, and Shiba Inu (SHIB) reignited in the market. While DOGE recorded a 289% increase over the past year, SHIB followed suit with a 130% uptick. With both networks delivering promising performance during this period, the community is curious to see if SHIB has the potential to take over Dogecoin in the coming year.
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Shiba Inu vs. Dogecoin
Source: CoinMarketCap
Both these assets stand out in their very own way. Despite being fairly new, Shiba Inu seems to have an upper hand. This is mainly linked to its utility. The Shiba Inu ecosystem has been trying to build its utility. Shytoshi Kusama, the developer of the network, recently released a proposal for a Strategic Hub for Innovation in Blockchain (S.H.I.B.) in the US and asked interested parties and political candidates to support it. All these factors come into play as the meme coin prepares to rise.
The DOGE network has been in the market for a long time now. Several millionaires like Elon Musk have endorsed DOGE during this period. Elon Musk’s appearance at Donald Trump’s rally in New York is one of the primary reasons behind Dogecoin’s recent surge. In addition, Trump’s latest win and Musk’s involvement in his administration is another reason why DOGE could increase in the coming year.
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2025 Price Prediction
At press time, Shiba Inu was trading at $0.00002398. This comes after a 6.62% rise over the past 24 hours. According to data from CoinCodex, Shiba Inu is projected to trade in a channel between $0.00002017 and $0.000103 in 2025. This comes with an average yearly price of $0.00004055. Compared to the present rates, this may yield a potential return on investment of 330.36%.
Source: CoinCodex
Dogecoin was priced at $0.3604 following its 6.30% dip throughout the past day. The average yearly price of Dogecoin is expected to be between $0.0316369 and $1.124671 in 2025. When this is compared to its present rates, a possible return on investment of 211.92% might be achieved.
Source: CoinCodex
The above data suggests that Shiba Inu will enjoy a much higher price surge over the next year. Meanwhile, DOGE will finally hit the coveted $1 mark in 2025. SHIB will not overtake DOGE; it will surely record a more significant growth.
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