Ethereum vs XRP isn’t the only battle in the cryptocurrency markets. If the technical indicators are to be believed, Dogecoin, the meme-based cryptocurrency developed to raise awareness about cryptocurrencies, would likely beat investors’ favorite – VeChain – at the next bull run.
Dogecoin saw a huge surge in late August 2018 and was one of the best performing cryptocurrencies in September 2018. In September the investor achieved a return of almost 30%. Currently, Dogecoin has a market cap of $ 681 million and is in 20 positions.
VeChain, on the other hand, had some large partnerships, but they didn’t affect the price. VeChain price was in a slow downtrend in September. VeChain hit a market cap of $ 1.008 billion in the first week of September but has since fallen to $ 729 million. VeChain is currently in 19th place.
The average daily volume of Dogecoin has increased over the past week. On September 23, the DAV was $ 12 million, on September 25, it was $ 15 million and is currently at $ 18.33 million. Currently, an 8% increase in the value of Dogecoin is required to outperform VeChain. Due to a strong uptrend in Dogecoin, it is possible that VeChain will be outperformed.
Dogecoin is currently trading at $ 0.005844 while VeChain is currently trading at $ 0.013190.
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