Saturday, October 16, 2021
Home Crypto News Market CoinGecko Data Shows SHIB Becomes Top 11 Coin, Just Behind DOGE At...

CoinGecko Data Shows SHIB Becomes Top 11 Coin, Just Behind DOGE At Number 10

- Advertisement -

Trending Shiba Inu meme cryptocurrency has soared to the top 11 spot on CoinGecko with Dogecoin sitting on the top 10 positions.

According to the data provided by the CoinGecko market analytics website, the “DOGE killer” Shiba Inu (SHIB) has advanced as high as the top 11 spots on its cryptocurrency market cap scale.

Is Shiba Inu catching up with DOGE?

Dogecoin is sitting right in front of SHIB, holding position 10. The market cap of SHIB at the moment totals $15,586,261,716. Dogecoin’s market capitalization stands at $29,791,496,909.


shib at number 11


CoinMarketCap data shows a little different picture. As per CMC, SHIB is ranked 14 at the moment with a $12,297,213,384 market cap, while Dogecoin sits on spot 10 with its market capitalization value equaling $29,700,232,903.

At the time of writing this, SHIB is trading at $0.00003119, rising 14.49 percent in the past 24 hours.


SHIB rebounds after a major correction

This week, after falling in a massive correction, Shiba Inu started a reverse. Last week’s gains of the coin were also impressive as it gained over 300 percent and then lost around 40 percent. That has been the largest retrace in the token’s history so far.

The 300-percent rally was driven by an anonymous crypto whale who bought the first 6 trillion SHIB and then added to their position three other lumps, totaling 276 billion meme tokens.

SHIB has been drawing attention and investments of other whales as well, both recently, in August-September and back in May, when it reached an all-time high of $0.0000388.

At the moment, SHIB is trading at $0.00003135 – that is still 37.11 percent below its May historic peak.

Shiba Inu has been recently listed on Coinbase and the community now believes that the Robinhood app is preparing to start trading it as well. Listings on major platforms this year, such as eToro and Coinbase, have provoked a price growth of the coin.

Read More On SHIB:


- Advertisement -
Mark Brennan
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Realvision Founder Raoul Pal, “You Can Be Angry At Central Banks, Governments Or You Can Be Optimistic And Migrate To The New World Of...

RealVision founder Raoul Pal made important statements on digital currencies on Twitter. window.coinzilla_display = window.coinzilla_display || ; ...

El Salvador President, Nayib Bukele Says Citizens Are Using More USD To Buy Bitcoins

El Salvador President Nayyib Bukele shared two facts about the cryptocurrency wallet Chivo. window.coinzilla_display = window.coinzilla_display ||...

SEC Tacitly Approves First Bitcoin Futures ETF

The US Securities and Exchange Commission (SEC) has approved the ProShares application to launch the Bitcoin Futures ETF. Trading starts on Monday, October 18th. Also...

Bitcoin Above $60K After Twitter CEO, Jack Dorsey Said Square Is Considering Building A Bitcoin Mining System

Jack Dorsey says that Square is “considering” building its own Bitcoin mining system using custom silicon and open-source software. Read: Vladimir Putin: “Cryptocurrencies Have A Right...

CFTC Fined Bitfinex And Tether To Pay $42.5 Million Over USDT Backing

The United States Commodity Futures Trading Commission (CFTC) has settled claims against Tether and Bitfinex, ordering the company to pay fines totaling $ 42.5...

Bank Of Japan: “The Digital Yen Should Be Compatible With All Payment Services”

Executive Director of the Bank of Japan, Shinichi Uchida, believes that the digital Yen should be as simple and convenient to use as possible,...

Morgan Stanley CEO: “I Don’t Think Crypto Is A Fad, I Don’t Think It’s Going To Go Away”

Morgan Stanley CEO James Gorman said that the bank's clients show little interest in cryptocurrencies, but expressed confidence that digital assets will remain for...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.