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It’s Finally Happened! Shiba Inu Surpasses Dogecoin to Become Most Followed Canine-Themed Crypto on Twitter

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Shiba Inu surpasses Dogecoin’s Twitter followers.

Shiba Inu (SHIB) surpassed Dogecoin (DOGE) in Twitter followers and became the most followed canine-themed cryptocurrency on Twitter. This happened after SHIB showed exceptional performance on August 14th, 2022 (Sunday) and went over 30% in 24 hours.

Real-time Twitter follower count data confirms that Shiba Inu finally stole the show from Dogecoin and became the most popular canine-themed cryptocurrency on Twitter. Shiba Inu now boasts a total of 3,441,546 (3.44M) followers on Twitter, whereas, Dogecoin is followed by 3,439,826 (3.43M).

SHIB Twitter Followers
SHIB Twitter Followers

Shiba Inu (SHIB) Becomes the World’s 12th Biggest Cryptocurrency in Terms of Market Cap:

At the same time, Shiba Inu, with its exceptional performance on Sunday, beat Avalanche (AVAX) and Polygon (MATIC) and became 12th biggest cryptocurrency in the world in terms of Market Cap.

Shiba Inu skyrockets more than 30% in the past 24 hours. Since 11th May, Shiba Inu has been trading in a range of $0.00000718 – $0.000013. On Sunday, shib pierces the critical resistance level of $0.000013 by breaking the ascending Triangle Pattern on the daily chart.

SHIB Technical Analysis 1

After the breakout, Shiba Inu skyrocketed by more than 30% and approached the next short-term resistance at $0.00001797. At the time of writing, Shiba Inu is trading at the price of $0.00001579, up 10.53% over the last day with a 24-hour trading volume of a whopping $4,028,191,024 ($4.02B).

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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