Should buy Solana (SOL) or Shiba Inu (SHIB) in the near future

Technical analysis report updated on 28/11/2022

Introduction to the history of two cryptocurrencies

Solana's development history

Solana coin (SOL) was recorded by Coin Market Cap system on April 10, 04.

Currently on the market Solana coins can be exchanged for 407 other digital currencies.

Solana is currently ranked 14th 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. Compared to Solana, this coin was born later

Currently on the Shiba Inu coin market, it can be exchanged for 451 other digital currencies (This number is only 1.11% compared to Solana coin)

Shiba Inu is currently ranked 15th on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Comparison of growth over time between Solana and Shiba Inu

Growth rate Left (LEFT) Shiba Inu (SHIB) Separation (SOL - SHIB)
Within 24 hours 0.19% 2.71% -2.52%
Within 7 days 11.18% 4.57% 6.61%
Within 30 days -55.11% -21.76% -33.35%
Within 60 days -56.74% -15.95% -40.80%
Within 90 days -55.05% -24.37% -30.68%

Analysis by growth

In the recent 3 months period Solana coin has dropped in value by -55.05%. As for the Shiba Inu, also in the last 3 months, the value has decreased significantly

Compare total supply value and market capitalization

Left (LEFT) Shiba Inu (SHIB)
Maximum total supply 0 0
Circulating supply 363,033,188 549,063,278,876,302
Total supply 534,628,439 589,735,030,408,323

* 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 Solana or Shiba Inu

Reasons to buy Solana

Reasons not to buy Solana

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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