Underdog rises: Dogecoin survived carnage in 2022 better than most

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Underdog rises: Dogecoin survived carnage in 2022 better than most
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The price of DOGE is down by less than most coins in the top 20 and data suggests the majority of DOGE hodlers are still in the green at current prices.

The token is down 76.1% over the past 12 months, with just 14% of hodlers in the green, 4% breaking even and 82% in the red as per ITB.As it stands, DOGE is the eight largest crypto asset in terms of market cap at $10.1 billion, while SHIB sits at No.17 with $4.8 billion, according to data from CoinGecko.

In some potentially bullish news for the SHIB community however, pseudonymous lead dev Shytoshi Kusama has hinted that there could be a new partnership in the works relating to the Shibarium project. Shibarium is an upcoming Ethereum Layer 2 scaling solution that will host the ecosystem’s metaverse platform, games and a decentralized exchange.

Shytoshi Kusama’s bio was recently updated to read “WE are not alone” while their location was set to “With a new fren… guess who?.”“Wen Shibarium? Please know it will come very soon*, but not during a crucial time for people to spend with their family . Enjoy these next days, next year is an important one for humanity.”

Happy Holidays to more than half the . Wen Shibarium? Please know it will come very soon*, but not during a crucial time for people to spend with their family . Enjoy these next days, next year is an important one for humanity.

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