Will Dogecoin Or Shiba Inu Grow More In 2022?

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

This week we posed the following question to 1,000 Benzinga visitors regarding Dogecoin DOGE/USD and Shiba Inu SHIB/USD: Over the next year, will Dogecoin or Shiba Inu have the largest percentage gain? 

Here are the full results from this week’s survey:

• Dogecoin: 57.9%
• Shiba Inu: 42.1%

Nearly 3 in 5 respondents to our survey said Dogecoin will experience a larger percentage gain than Shiba Inu by the end of 2022. Dogecoin is trading lower Sunday by 1.33% at $0.1883. 

Dogecoin, that has become the most prominent meme cryptocurrency due to its promotion by the likes of Tesla Inc TSLA CEO Elon Musk and Snoop Dogg, has captured the imagination of the world in 2021. In fact, Investors who bought Dogecoin on Dec. 26 in 2020 and held until today would be sitting a 4,607% return on investment. 

Meanwhile, Shiba Inu is up roughly 0.19% at $0.00003739 in the past 24 hours. Shiba Inu has also seen eye-popping gains in 2021: Investors who bought Shiba Inu on June 1, 2021, and held would be sitting on a return on investment of 296%.

See Also: How To Buy Shiba Inu

Even though both Dogecoin and Shiba Inu cryptocurrencies share the same doggy-themed mascot, the coins operate in vastly different ways… Read More

This survey was conducted by Benzinga in December 2021 and included the responses of a diverse population of adults 18 or older.

Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 1,000 adults.