Wednesday, December 8, 2021
Home Crypto News Market Shiba Inu Market Cap Is Now More Than Nissan and LG Electronics

Shiba Inu Market Cap Is Now More Than Nissan and LG Electronics

- Advertisement -

Shiba Inu is now halfway to removing another zero from its price tag, and it has just surpassed Nissan in valuation.

Read: Crypto Whale Buys 277 Billion SHIB Tokens as Shiba Inu Makes New All Time High of 0.00005451

The price of Shib has hit yet another record high of $0.00005451 earlier today, according to CoinGecko data

With the cryptocurrency’s market cap hitting $21 billion, Shiba Inu is now bigger than Japanese car manufacturer Nissan ( $19.9 billion) and South Korean tech company LG Electronics ($19.88 billion).

nissan market cp


Shib is up 87% this week alone, extending its streak of eye-popping gains.

As the question about the Shiba Inu listing was the top-voted one ahead of Robinhood’s Q3 earnings call.

Yet, the company failed to set the record straight on the matter despite investors’ expectations.

CEO Vlad Tenev said that the trading app was “carefully” evaluating new coins:

“We feel very very good about the coins that we’re currently listing on our platform and any new coins that we add we want to feel equal, if not better. “


Robinhood’s shares plunged more than 8% in after-hours trading after the company revealed that its cryptocurrency-based revenue had tanked by a higher-than-expected 78%.

The online brokerage app made only $51 million with cryptocurrency transactions compared to $233 Million during the previous quarter.

Read More On SHIB:

- Advertisement -
Ammara Mubin is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Ammara authored more than 1,000 stories for TheCryptoBasic, CryptoComes and other fintech media outlets. She is particularly interested in regulatory trends around the globe that are shaping the future of digital assets.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Floki Inu To Be Seen At Least 210 Million Times After Floki New Partnership With Russian Most Famous Football Club

 Floki Inu announced a partnership with the Russian most famous Football club "Spartak-Moscow." window.coinzilla_display = window.coinzilla_display ||...

Dogecoin Entered Top 5 Most Searched Google News Queries of 2021

Dogecoin (DOGE) ranked fourth in the list of the most searched Google searches worldwide in the News category in 2021. trends.embed.renderTopChartsWidget("12671d45-ca76-450b-9ced-14f27b4587b4", {"geo":"GLOBAL","guestPath":""}, 2021);...

New Order Announces $NEWO Token Sale Through Dutch Auction On MISO

Toronto, Canada, 8th December, 2021, New Order, a community-driven venture DAO incubator for decentralized financial (DeFi) projects, announced the public sale of its governance...

Billionaire And Former Google CEO, Eric Schmidt Becomes Chainlink Strategic Advisor

Former Google CEO and Billionaire, Eric Schmidt has joined oracle provider Chainlink Labs as a strategic advisor. ...

Shiba Inu Games Became Partners With Australian Playside Studios

Playside Studios (PLY) shares price jumped more than 4% to $0.83 after Australia’s largest publicly listed video games developer entered into a material fixed...

Visa Is Launching An Advisory Practice That Will Help Further Mainstream Adoption Of Bitcoin And Other Digital Assets

Payment giant Visa has announced the launch of a new advisory division to help clients navigate the cryptocurrencies world reported by CNBC.

10% Of Americans Plan To Give Crypto On Christmas As Gift With Bitcoin #1 Choice For Holiday Gifting

Almost every tenth citizen of the United States is ready to give cryptocurrencies as a gift for the New Year, and every fourth is...

Subscribe To Our Newsletter

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