Why Is Shiba Inu Outperforming Dogecoin Today?

Dogecoin (CRYPTO: DOGE) is trailing rival meme cryptocurrency Shiba Inu (CRYPTO: SHIB) in terms of 24-hour price gains. What Happened: SHIB traded 3.84% higher over 24 hours at $0.0000075, while DOGE was down 1.47% at $0.22 in the same period.