With Shiba Inu soaring right now, how likely is it to emerge a ‘DOGE-killer’
ambcrypto.comEvery dog has its day, but Shiba Inu, a coin which initially seemed to be numbered days in the market, was at the 12th rank by market cap. Shiba Inu was up 49% over the last 24 hours, while the rest of the crypto market looked mostly flat.
As the asset flipped the DeFi leader Uniswap by market cap, the larger market seemed to marvel, to say the least.
Shiba Inu’s market cap sat at $16.5 billion, and as the coin flipped Uniswap, there were anticipations of the altcoin flipping Dogecoin too in terms of market cap. While at the beginning of this year, hopes of SHIBA crossing DOGE or even ranking 12th by market cap would’ve sounded bizarre, the possibility of the same looks plausible now.
In terms of traded volume, SHIB/USDT was the most traded
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