Dogecoin Vs. Bitcoin: Popular Investor Says Memecoin More Superior With ‘World’s Best Chart’

Source Newsbtc

A known crypto investor made a bold claim that Dogecoin is the king of all cryptocurrencies, stirring a debate and discussion among members of the cryptocurrency community.

Global Macro Investor founder and CEO Raoul Pal believes that the popular meme coin is capable of becoming “the hardest money ever created,” citing how Dogecoin has outperformed Bitcoin historically.

‘Greatest Chart Of All Time’

Pal asserted the superiority of the prominent meme coin to Bitcoin, saying that its dominance could make it the “hardest” currency ever created.

The top executive’s recent statement made ripples in the crypto community by making a strong argument that Dogecoin is better than the firstborn cryptocurrency, Bitcoin.

In a recent broadcast on his X account, the Global Macro Investor CEO showed the chart of Dogecoin, which he described as super-bullish, branding it as the “greatest chart of all time.”

Pal is known to be a staunch supporter of Dogecoin and previously revealed that the popular meme coin is among his favorite assets. The advisory publication executive has disclosed in previous interviews that he owns a large concentration of Dogecoin in his portfolio.

Dogecoin Superiority Theory

The former hedge fund manager believes that the meme coin is “the king of all cryptocurrencies”, saying that Dogecoin trumping Bitcoin is a possibility that could happen in the future.

Pal considers the popular token as superior to Bitcoin, rooting his claim on Dogecoin outperforming Bitcoin historically. He further supported his Dogecoin superiority theory by noting that the meme coin has outdone the largest cryptocurrency in terms of market capitalization, outperforming Bitcoin’s by an astounding 500% since it was created.

CEO Foresees Dogecoin Extending Its Gains

Data shows that Pal’s assumption is accurate since the numbers do not lie. Statistics indicate that Dogecoin has outperformed the flagship cryptocurrency since its debut in 2013.

When it was launched, DOGE’s price was $0.00056 per coin but now that price has skyrocketed by 461,407%.

In comparison, during Dogecoin’s launching, the Bitcoin price was pegged at $1,210 per coin. Now, the crypto is being traded at $96,340, a 7,862% increase since then.

On The Verge Of A Breakout

Pal predicted that Dogecoin could potentially experience a breakout, a situation that would further stamp its superiority against Bitcoin.

As of writing, DOGE is being traded at $0.269 per token with a market cap of $39 billion.

Pal argued that once Dogecoin scores a breakout against Bitcoin, it will earn the title of the hardest money in the world, claiming DOGE will become the new standard and dethrone Bitcoin as the cryptocurrency top dog.

Meanwhile, some analysts take the prediction with a grain of salt. They say that Pal’s predictions might be too ambitious, considering the gap in quality between the two digital assets.

Featured image from Gemini Imagen, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
What Crypto Whales are Buying For May 2025Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
Author  Beincrypto
Apr 21, Mon
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
placeholder
Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in MayEthereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
Author  Beincrypto
May 07, Wed
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
placeholder
Ethereum Price Ready to Surge—$2,000 Level Could Be Within ReachEthereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Author  NewsBTC
May 08, Thu
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
placeholder
Ethereum Price Explodes Past $2,200 with 25% Surge—Momentum Builds FastEthereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
Author  NewsBTC
May 09, Fri
Ethereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
placeholder
Gold edges higher after Trump’s bill boosts bond market uncertaintyGold (XAU/USD) price extends its weekly gains, trading near $3,330 at the time of writing on Friday, up nearly 1% on the day, on a new tailwind for the safe haven precious metal.
Author  FXStreet
18 hours ago
Gold (XAU/USD) price extends its weekly gains, trading near $3,330 at the time of writing on Friday, up nearly 1% on the day, on a new tailwind for the safe haven precious metal.
goTop
quote