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Does SHIB, the ‘Dogecoin rip-off,’ have any advantages over the ‘boomer memecoin’
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Memecoins took center stage as Shiba Inu flipped Dogecoin in terms of market capitalization. At press time, SHIB was the ninth most valuable crypto-asset with a market cap of $34.7 billion. However, DOGEoccupied tenth place with a market cap of $34.4 billion.
In fact, Shiba Inu has surged by more than 136% in the last seven days and by nearly 800% over the last three months. Its native token ‘SHIB’ registered 2.8 million searches on average per month so far this year. It even surpassed Bitcoin and Ethereum in average monthly searches.
According to market sentiment, most traders, even investors, want to make SHIB a part of their portfolios. In effect, crypto-exchange platforms have been seeing massive traffic of late. In one such event, the
Read more on ambcrypto.comAbout this in other media
Shiba Inu dog, that inspited "Doge" meme and Dogecoin, turns 16 moneycontrol.com /3 years ago
Top cryptocurrency prices today: Solana, XRP soar 11% each, Shiba Inu tanks 7% economictimes.indiatimes.com /3 years ago
Indian exchanges pin DOGE, SHIB as market’s favorite puppers ambcrypto.com /3 years ago
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