Should I buy Dogecoin (DOGE) or Solana (SOL) in the near future?

Technical analysis report updated on 05/02/2023

Introduction to the history of two cryptocurrencies

Dogecoin development history

Dogecoin (DOGE) coin was recorded by Coin Market Cap system on December 15, 12.

Currently on the coin market Dogecoin can be used to exchange for 637 other digital currencies.

Dogecoin is currently ranked 9th on the cryptocurrency rankings by market cap

Solana's development history

Solana coin (SOL) was recorded by Coin Market Cap system on April 10, 04. If compared with Dogecoin, this coin was born later

Currently on the market Solana coins can be exchanged for 428 other digital currencies (This number is only 0.67% compared to Dogecoin).

Solana is currently ranked 11th on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Comparison of growth over time between Dogecoin and Solana

Growth rate Dogecoin (DOGE) Left (LEFT) Distance (DOGE - SOL)
Within 24 hours 2.43% -1.08% 3.51%
Within 7 days 6.93% 1.87% 5.07%
Within 30 days 30.83% 86.80% -55.97%
Within 60 days -5.51% 75.07% -80.59%
Within 90 days -23.61% -29.85% 6.24%

Analysis by growth

In the recent 3 months period Dogecoin coin has dropped in value by -23.61%. As for the Solana coin, it has also decreased in value significantly in the last 3 months

Compare total supply value and market capitalization

Dogecoin (DOGE) Left (LEFT)
Maximum total supply -- --
Circulating supply 132,670,764,300 372,568,037
Total supply 132,670,764,300 539,312,705

* Note
Total circulating supply: Number of coins circulating in the market and in the hands of the public. It is similar to how stocks move in the stock market.
Maximum total supply: The maximum number of coins that will exist in the lifetime of the cryptocurrency. It is similar to fully diluted shares in the stock market.
Total supply: Number of coins created, minus any burned coins. It is similar to shares outstanding on the stock market.

Summary of reasons to buy Dogecoin or Solana

Reasons to buy Dogecoin

Reasons not to buy Dogecoin

Reasons to buy Solana

Reasons not to buy Solana

General note for investors

These are specifications based analysis only

The technical specifications will be suitable for short-term investors, and profit from the investments With large and long-term investments you also need to do fundamental analysis i.e. read and understand more about the technicians, teams, investors behind that particular digital currency.

We do not make investment decisions for you

Automatic parameter analysis articles will help you have a multi-dimensional and easier to understand view than just looking at those with zero numbers.

News that will surprise you

News Only 5% of People Know