A recent CNBC article explored the possibility of Shiba Inu (SHIB) surpassing Dogecoin (DOGE) in market capitalization next year. The article considered the utility and on-chain data about both assets. While DOGE currently has a market cap of $12.59 billion and SHIB has a market cap of $6.42 billion, the report noted that SHIB has a broader range of utilities than DOGE, including decentralized exchange ShibaSwap, the Shiba Inu Metaverse, games like Shiba Eternity, and the highly anticipated Shibarium layer-2 solution. On-chain metrics, such as daily active addresses, show DOGE's significant lead over SHIB, but SHIB shows promise due to its strong community support and diverse use cases. The report did not rule out the possibility of SHIB surpassing DOGE at a later time.

(By ALBERT BROWN)