Should I buy Shiba Inu (SHIB) or TRON (TRX) in the near future?

Technical analysis report updated on 28/11/2022

Introduction to the history of two cryptocurrencies

History of Shiba Inu

The Shiba Inu (SHIB) coin was recorded by the Coin Market Cap system on August 01, 08.

Currently on the market Shiba Inu coins can be exchanged for 451 other digital currencies.

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

History of TRON

TRON coin (TRX) was recorded by Coin Market Cap system on September 13, 09. If compared with Shiba Inu, this coin was born earlier.

Currently on the market TRON coins can be exchanged for 706 other digital currencies (This number is only 1.57% compared to Shiba Inu coins)

TRON is currently ranked 16th on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Comparison of the recent growth between Shiba Inu and TRON

Growth rate Shiba Inu (SHIB) TRON (TRX) Separation (SHIB - TRX)
Within 24 hours 2.71% 1.92% 0.79%
Within 7 days 4.57% 5.81% -1.24%
Within 30 days -21.76% -15.18% -6.58%
Within 60 days -15.95% -9.23% -6.71%
Within 90 days -24.37% -14.62% -9.74%

Analysis by growth

During the recent 3 months period, the Shiba Inu coin has dropped in value by -24.37%. As for TRON, also in the last 3 months, the value has decreased significantly

Compare total supply value and market capitalization

Shiba Inu (SHIB) TRON (TRX)
Maximum total supply 0 0
Circulating supply 549,063,278,876,302 92,151,895,060
Total supply 589,735,030,408,323 92,151,918,402

* 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 Shiba Inu or TRON

Reasons to buy Shiba Inu

Reasons not to buy Shiba Inu

Reasons to buy TRON

Reasons not to buy TRON

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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