Based on CoinMarketCap data, the current market capitalization of Dogecoin is $8.03 billion, and that of Shiba Inu is $6.7 billion. Thus, the current gap in the capitalization of the two projects is about $1.33 billion. At the same time, over the last three months of the crypto market armageddon, DOGE lost 21.6% in valuation, while SHIB, on the contrary, added almost 20%.

If you refer to the data from CoinGecko, it turns out that the gap is even smaller and equals $850 million. The point is the difference in approaches to estimating the capitalization of Shiba Inu. What CMC considers as a fully diluted market cap is CoinGecko's estimate of the regular market cap which amounts to $7.2 billion. Nevertheless, the upward trend of Shiba Inu and the Dogecoin flip is confirmed by this information as well.

Shiba Inu has already surpassed Dogecoin by the number of followers on Twitter, one of the most popular social media platforms. Last month, the official Twitter account of Shiba Inu had 3.44 million followers compared to Dogecoin's 3.43 million. And now, it's the market cap of DOGE that Shiba Inu is going after.

When it comes to general percentage gains, it may be easier for Shiba Inu to beat Dogecoin than vice versa. That's simply because it's easier for assets with a lower value to double or triple than those starting at a higher price.

So, Shiba Inu could beat Dogecoin when it comes to percentage gains or market value.