Half size of Dogecoin
Half size of Dogecoin
The market capitalization of the self-proclaimed Dogecoin killer-Shiba Inu-has risen half of that of Doge after a massive three-digit weekly increase. As a result, Shib is now well below the top 15 coins.
Most of the cryptocurrency market has played a role lately. Bitcoin went over for the first time since May 55,000 US dollar, Ethereum claimed $ 3,500 and so on. But a digital asset trumped everyone else - Shiba Inu. crypto potato on 5. October that the token had exploded 100% in just a few days after a massive whale purchase of over six trillion coins. It turned out that this was only the beginning when Shib continued to climb and a day later began to knock on the door of the 20 largest coins after market capital. At that time, the token rose by about 200% in a week, but that wasn't the end of his winnings either. In the last 24 hours it initiated another massive increase, which reached its high at $ 0.000035, which has been the highest price line since mid -May. In addition, according to Coingecko, Shib was only a few centimeters away from setting up a new all -time high record that is currently $ 0.000038. Despite a slight decline since the intraday high, the market capitalization of Shib has increased to well over $ 15 billion. According to this metric, this makes it a twelfth largest cryptocurrency. In addition, the market capitalization of Shib is halfway away from the most famous meme Coin - Dogecoin. With $ 32 billion, Doge occupies 10th place in terms of market capitalization. With this latest increase, Shiba Inu approaches like United Airlines and America Airlines Group.
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