Despite being the spinoff of another meme coin, Shiba Inu managed to race ahead of Dogecoin for a while. The rally we have seen in the last couple of days led to SHIB achieving something so extraordinary, it got investors worried about who would end up being SHIB’s next target.
Firstly in these last 7 days, the meme coin went completely berserk and flipped not only one or two but 12 altcoins. And not just any random coins either, names like Litecoin, Chainlink, Polygon, Uniswap, Terra (LUNA), USDC, and now even Dogecoin.
Ranking at the ninth spot, SHIB managed to rise phenomenally from the lows of $4 billion – $7 billion to currently sit at $37.5 billion and now the next in its line is Polkadot which is only $5 billion away.
Cryptocurrency
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