Dogecoin vs Shiba Inu: The Meme Coin Showdown for May 2025
Two meme coins enter—one leaves (or maybe both crash). Dogecoin and Shiba Inu are back in the spotlight as speculative traders chase the next 100x. But which one actually stands a chance in May 2025?
DOGE: The OG meme coin. Elon’s favorite. Still riding the ’currency of the internet’ hype despite zero tech upgrades. Market cap? Massive. Utility? Basically a Twitter tip jar.
SHIB: The self-proclaimed ’Dogecoin killer.’ Now with its own layer-2 blockchain (because every token needs one). Burns tokens like a hedge fund burns cash—loudly, but with questionable impact.
Verdict: Flip a coin—literally. Both thrive on attention, not fundamentals. Just remember: when the Fed hikes rates again, even memes can’t defy gravity.
Latest Activity for Dogecoin & Shiba Inu Memecoins
As per the latest reports, Dogecoin Network has witnessed a massive uptrend in its active addresses. As of today, DOGE has 127,570 active addresses and is on the path of achieving a new multi-year high. This suggests a rising interest of investors in this digital asset.
When talking about the latest SHIB news and updates, a total of 8 SHIB burn transactions were recorded. While the daily burn rate has dropped by over 60%, this memecoin has burned about half of its maximum supply. This makes this a potential project for the long-term prospects.
Dogecoin Price Records Strong Bullish Reversal
Despite recording a drop of 2.35% in 24 hours, the largest meme coin by market cap has added 34.83% to its valuation over the last seven days. With this, it has a market cap of $34.44 billion, which is roughly half of the total valuation of the memecoin segment.
The Relative Strength Index (RSI) hovers around the overbought range in the daily time frame. Moreover, its average trendline displays a constant rise in the Doge memecoin price chart. With its SMA indicator acting as a support, the largest memecoin could continue gaining value this week.
If the market favors the bulls the Doge price could breach its immediate resistance of $0.243 and head toward its $0.2865 in the upcoming time. Conversely, an increase in the liquidation may pull the value of this crypto token toward its $0.20 mark.
SHIB Memecoin Jumps 26% In 7 Days
Following in the footsteps of Dogecoin, shiba inu price has jumped approximately 25% over the past week. With this, the current listing price of this memecoin is just over $0.0000150 with an intraday trading volume of $465.98 million.
The Moving Average Convergence Divergence (MACD) displays a constant green histogram with its averages recording a similar price action. On the other hand, the Cross EMA 50/200-day is on the path of witnessing a Golden Cross, suggesting a bullish outlook for the meme coin in the market.
Maintaining the value above the $0.00001525 could result in it heading toward its resistance level of $0.000020 this month. However, if the bears outrun the bulls, this may result in it plunging toward its low of $0.00001025.
Also Read: Memecoin Mania: DOGE, SHIB, Pepe To Rally 15% Next Week?
