Wednesday, December 8, 2021
Home Crypto News Market Shiba Inu Surpasses Dogecoin For The First Time Ever, Shib Becomes First...

Shiba Inu Surpasses Dogecoin For The First Time Ever, Shib Becomes First Meme Token To Live Up To The ‘DOGE Killer’ Title

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Shiba Inu is now officially the biggest canine coin after surpassing Dogecoin.


 

According to CoinGecko data, SHIB’s current market cap is $37.8 billion, which is $936 million higher than that of DOGE.

SHIB has managed to cross USD coin and Dogecoin to gain 9th position.

Dogecoin, the meme cryptocurrency supported by Elon Musk, has now been pushed out of the top 10. Shiba Inu Becomes First Meme Token To Live Up To The ‘DOGE Killer’ Title.

 

The centibillionaire is widely considered to be responsible for Dogecoin’s massive surge in early 2021, but his recent tweets about the coin have failed to make a ripple.

Shiba Inu reached a new all-time high for the first time since May on Sunday, but it quickly shed some gains after Musk tweeted that he didn’t own any SHIB tokens, putting months of speculation to bed.

The snub, however, has failed to stop Shiba Inu’s blistering rally, a sign of Musk’s dwindling influence over the cryptocurrency market.

SHIB is up 800% this month, crushing other altcoins.

Read More On SHIB:

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Jakkkhttps://thecryptobasic.com/
Owner of TheCryptoBasic. Involved in cryptocurrencies for more than five years, Love to trade and write on cryptocurrencies. My primary aim is to provide genuine information to cryptocurrency readers because crypto is filled with frauds and scams. Accurate information is scarce to get. So We at TheCryptoBasic will be providing accurate information about cryptocurrencies topics that users can trust.

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