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More than 100,000 DOGE-related pages were published online in November, 13 times more than SHIB

More than 100,000 DOGE-related pages were published online in November, 13 times more than SHIB

The rise in popularity of cryptocurrency memes was to some extent due to the focus of various online publications on these coins, as more and more investors sought information amid their skyrocketing value. Dogecoin, the leading meme coin, recorded 106,800 published online pages in November, according to data obtained from Ahrefs.com.

By comparison, DOGE had at least 13 times as many published pages as Shiba Inu, which registered 8,100 publications. SHIB was down at least 33% in November, while Dogecoin was also down more than 20%. The publication around the two most popular meme coins occurred when the cryptocurrency market was experiencing high volatility. Notably, the publications provided the latest developments around the tokens, given that investors are looking for more information. In general, as coins grew, more people were interested in information about investment opportunities, risks, price predictions, alternatives to coins, and how to invest in cryptocurrencies. Although Dogecoin and Shiba Inu seem to have the same share of popularity, the former has registered a higher number of published pages, which is partly due to the coin's longevity in the market. Because of this longevity, DOGE has gained more distribution and support from celebrities, including Tesla CEO Ilon Musk. In addition, DOGE ranks higher than SHIB in terms of market capitalization.

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