Should buy Polkadot (DOT) or Shiba Inu (SHIB) in the near future

Technical analysis report updated on 30/09/2022

Introduction to the history of two cryptocurrencies

History of development of Polkadot

Polkadot coin (DOT) was recorded by Coin Market Cap system on August 19, 08.

Currently on the coin market Polkadot can be exchanged for 416 other digital currencies.

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

History of Shiba Inu

The Shiba Inu (SHIB) coin was recorded by the Coin Market Cap system on August 01, 08. If compared with Polkadot, this coin was born earlier.

Currently on the market, Shiba Inu coins can be exchanged for 425 other digital currencies (This number is only 1.02% compared to Polkadot).

Shiba Inu is currently ranked 14th on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Comparison of growth over time between Polkadot and Shiba Inu

Growth rate Polka dots (DOT) Shiba Inu (SHIB) Distance (DOT - SHIB)
Within 24 hours -0.17% -1.02% 0.85%
Within 7 days -0.09% 2.97% -3.06%
Within 30 days -8.09% -7.90% -0.20%
Within 60 days -28.00% -8.46% -19.54%
Within 90 days -5.70% 9.64% -15.33%

Analysis by growth

Trong khoảng thời gian 3 tháng gần đây đồng tiền Polkadot với -5.70%. Còn đối với đồng Shiba Inu cũng trong 3 tháng gần đây đã có sự tăng trường đáng kể

Compare total supply value and market capitalization

Polka dots (DOT) Shiba Inu (SHIB)
Maximum total supply 0 0
Circulating supply 1,126,534,745 549,063,278,876,302
Total supply 1,237,140,721 589,735,030,408,323

* 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 Polkadot or Shiba Inu

Reasons to buy Polkadot

Reasons not to buy Polkadot

Reasons to buy Shiba Inu

Reasons not to buy Shiba Inu

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.

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