Absent shill and bullish newsflow, DOGE and SHIB have struggled to keep up with the wider crypto market rally that occurred in January.
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When Musk backtracked on accepting Bitcoin payments for Tesla, he believed that Dogecoin — “even though it was created as a silly joke” — was better suited for transactions.
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The denial was made after critics said the team was going to “kill scrypt miners.”
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DOGE has performed much better than SHIB this year, despite the Shiba Inu community actively working on a L2 network, Metaverse and blockchain games.
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The owner of the internet-famous Shiba Inu dog posted on social media saying Kabosu is in a "dangerous position" after falling ill on Christmas Eve.
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Ephemeral aspects of pop culture are becoming tradable commodities. That phenomenon will only grow in the years ahead.
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