Ethereum vs XRP isn’t the only battle going on in the cryptocurrency markets. If technical indicators are to be believed Dogecoin, the cryptocurrency based on a meme and developed to increase awareness around cryptocurrencies, would likely surpass investors favourite – VeChain, by the next bull run.

Dogecoin experienced a large pump at the end of August 2018 and has been one of the best performing cryptocurrency in September 2018, giving investors close to 30% return in the month of Septemeber. Currently, Dogecoin has a market capitalization of $681 Million and sits at 20 positions.

VeChain, on the other hand, has had some big partnerships but they haven’t affected the price. VeChain price has been in a slow downward trend in the month of September. VeChain pumped in the first week of Septemeber reaching a market capitalization $1.008 Billion but has fallen down to $729 Million since then. VeChain currently ranks at the 19th position.

Dogecoin’s daily average volume has started to increase in the past week. On 23rd September the DAV was $12 million, on 25th September it was $15 million and currently is at $18.33 million. An 8% increase is currently needed in Dogecoin’s value for it to surpass VeChain. Due to a strong bullish trend around Dogecoin, it is possible it will surpass VeChain.

Dogecoin is currently trading at $0.005844, while VeChain is currently trading at $0.013190.

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