Dogecoin or Shiba Inu (SHIB) for February? Meme Coin Price History Reveals 397% Imbalance

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News In the world of meme coins, Dogecoin might still have the original fanbase, but when it comes to February's performance, Shiba Inu (SHIB) is leaving DOGE in the dust. Advertisement CryptoRank's historical return data shows an unexpected but consistent divergence: while Dogecoin has averaged negative returns in February at -2.33%, Shiba Inu has delivered a solid average of +9.26% since 2021. That is a 397% imbalance between the two coins in this particular month. Source: CoinMarketCap In 2024, SHIB surged by 41.3% in February, while DOGE took a nosedive of almost 39%. In 2023, the former stayed green again, while the latter lost 16%. Even in 2022, when everyone was getting nervous and avoiding risk, SHIB went up by 20.3%, while DOGE dropped by 6.05%. HOT Stories Crypto Market Review: Shiba Inu's (SHIB) Back in Business, Ethereum (ETH) Must Decide, XRP Locked in on $2 U.Today Crypto Digest: XRP Hits ‘Extreme Fear’ Zone, Shiba Inu (SHIB) Volume Collapses to Lowest Level of 2026, Dogecoin (DOGE) Price Eyes 30% Breakout Fidelity Warns of Bitcoin ‘Rebalancing’ Amid Gold Rush Morning Crypto Report: Dogecoin to the Moon? $1.10 DOGE Price Scenario Revealed, Solana Phone Coin Explodes 400%, $1.37 Billion in XRP Risk Flooding Market Three years in a row with the same outcome — SHIB has never had a worse February than DOGE since its existence. Not once. Advertisement DOGE and SHIB are no longer playing same game The 21Shares Dogecoin ETF (TDOG) launched earlier this week, and it has even further established DOGE into a beta proxy for Nasdaq flows. Grayscale trust products and 2x leveraged DOGE vehicles are drawing in institutional capital and reducing volatility. Dogecoin has become a meme in name only, mirroring regulated index plays and becoming rather a "safe haven" meme asset. Shiba Inu, on the other hand, is still what DOGE used to be: speculative and unregulated. And in February, that profile pays off. Advertisement You Might Also Like Fri, 01/23/2026 - 12:29 Morning Crypto Report: Dogecoin to the Moon? $1.10 DOGE Price Scenario Revealed, Solana Phone Coin Explodes 400%, $1.37 Billion in XRP Risk Flooding Market By Gamza Khanzadaev SHIB's seasonal anomaly — a pattern of post-January decoupling and double-digit rallies — shows a regular liquidity rotation into high-beta outperformers. Based on historical heatmaps, there is a good chance that if the fractal persists, Shiba Inu will have a 15-20% lead. So, as February nears, things are looking pretty clear for major meme coins: Dogecoin offers ETF stability, but the Shiba Inu coin has a seasonal advantage. #Shiba Inu #SHIB #Dogecoin #Shiba Inu (SHIB) News #Dogecoin News