Meme coin Shiba Inu is no longer a joke. Shiba Inu surpasses Bitcoin and is the most viewed digital currency of 2021. This coin that is inspired by a dog meme and is termed as “Dogecoin killer” was viewed the most in this year as per reports. This coin even beat the likes of top cryptos like Ethereum and Bitcoin. So let us have a look at the Shiba Inu coin news today.
Shiba Inu Surpasses Bitcoin: A Detailed Report
According to CoinMarketCap, the spinoff of Dogecoin recorded over 189 million views during the past 12 months, while the apex digital currency BTC came in the second position with 145 million views in this year. There is one thing that should be noted. SHIB is presently the 13th biggest digital currency as per market capitalization across the globe. It has a market cap of more than $20 billion.
Having said that, Dogecoin was ranked among the third position on the most viewed cryptos globally with 109 million views, while another successful crypto Cardano had nearly 86 a million views, and Ethereum received 81 million views.
Shiba Inu surpasses Bitcoin and the rise of SHIB is speculated to be boosted after tech billionaire Elon Musk, tweeted a picture of the Shiba Inu meme reaching the Moon on 18 October 2021. At that time, the coin was trading at $0.000026 (Rs. 0.0020). The tweet of Elon Musk pushed the coin to closely 50% to attain a high of $0.000044 (Rs. 0.0033), as per data revealed by CoinMarketCap.
Another important reason is also rumors floating in the crypto space that Shiba Inu will soon be listed on the famous stock trading platform, Robinhood. A petition on Change.org has also pleaded with the trading platform to list the crypto on its channel. It received almost 3 lakhs signatures. So if you are wondering where to buy Shiba Inu, then there are various leading crypto exchanges that will serve your purpose.
This was not the first time that Shiba Inu surpasses Bitcoin. There are several instances where it was called the most discussed crypto. Earlier in October this year, the data compiled by ICO Analytics revealed that this crypto was the talked crypto in October, gaining a 22% share among all crypto asset discussions on the platform, keeping behind Bitcoin by 7.2% and Ethereum by 8.1%. Various Shiba Inu coin predictions were also made by experts in this whole year.
On Twitter, the supporters of SHIB have been throwing their voices using hashtags like #ShibaSwap #SHIBARMY #shibainu #shibainucoin, and #SHIB to raise support for the Shiba Inu coin future.
While Shiba Inu surpasses Bitcoin, digital currencies like Safemoon, Cardano, Solana, and Binance were also among the ten most hyped digital coins on Twitter, according to the graph shared by ICO Analytics. Despite that, none of the digital currencies came even close to the fame of SHIB. Curiously, nearly 70.52% of the circulation of SHIB is managed by 8 whale accounts, of which, one whale holds 41.03%. This implies all of these whales have created at least 800% profits on their investments, in the previous month.
- Winamp Supports NFT After Getting Into The Web3 - 08/12/2022
- BlockFi Bankruptcy: Will It Now See A Fall Like FTX? - 29/11/2022
- Famous CryptoPunk NFT Surpasses The Bored Ape Floor Price - 16/11/2022