Shiba Inu is now in the Top 10 cryptos in the world.
Shiba Inu (SHIB) has made a remarkable entry into the world’s top 10 biggest cryptocurrencies based on market capitalization, excluding stablecoins.
Tradingview, a renowned charting platform, recently published a list of the largest cryptocurrencies in 2023, excluding stablecoins. The list places Shiba Inu at the 10th position, with a market cap of $6.8 billion.
The 10 largest cryptocurrencies in 2023
1. Bitcoin $444 billion
2. Ethereum $195 billion
3. BNB $47 billion
4. XRP $19 billion
5. Cardano $12 billion
6. Polygon $10 billion
7. Dogecoin $10 billion
8. Solana $8.5 billion
9. Polkadot $7.6 billion
10. Shiba Inu $6.8 billion— TradingView (@tradingview) February 25, 2023
Bitcoin (BTC) remains the undisputed leader on the list with a market cap of $444 billion, Ethereum in second place with $195 billion, and Binance Coin (BNB) securing the third position with a market capitalization of $47 billion.
Shiba Inu’s upcoming L2 layer kwon as Shibarium projects like Shib metaverse, Shib Eternity (Shiba Inu Game), Shibaswap (Shib decentralized exchange, DEX), Welly (Shiba inu themed food), accepted as a payment method with the aid of Bitpay, Binance Pay, on thousands of merchants worldwide has helped Shib to achieve a market cap of above $6.5 billion.
Other than that, according to WhaleStats, Shiba Inu has surpassed Polygon (MATIC) as the top choice for trading among the top 500 ETH Whales in the past 24 hours.
? JUST IN: $SHIB @Shibtoken flipped $MATIC for MOST TRADED token among top 500 #ETH whales
Peep the top 100 whales here: https://t.co/tgYTpOm5ws
(and hodl $BBW to see data for the top 500!)#SHIB #MATIC #whalestats #babywhale #BBW pic.twitter.com/2n7PH5DlES
— WhaleStats (tracking crypto whales) (@WhaleStats) February 26, 2023
Not only that, but Shiba Inu has also claimed the top spot for being the most held token in the wallets of these top 500 ETH Whales, with a combined worth of $650,271,304 ($650.27M).
? The top 500 #ETH whales are hodling
$650,271,304 $SHIB
$195,102,857 $MATIC
$149,585,481 $LINK
$146,616,720 $BEST
$132,979,464 $CHSB
$100,953,656 $BIT
$91,949,569 $UNI
$71,460,135 $MANAWhale leaderboard ?https://t.co/tgYTpOm5ws pic.twitter.com/iy2xfP6hzm
— WhaleStats (tracking crypto whales) (@WhaleStats) February 26, 2023
Additionally, the data shows that Shiba Inu ranks as the fifth most frequently used smart contract among the top 500 ETH Whales.
? MOST USED smart contracts for the top 500 biggest #ETH whales today
? $USDC
? $USDT
? $SYN @SynapseProtocol
4️⃣ $WETH
5️⃣ $SHIB @Shibtoken
6️⃣ $BOBA @bobanetwork
7️⃣ $GRT @graphprotocol
8️⃣ $MATIC @0xPolygon
9️⃣ $AAVE @AaveAave
? $DAI pic.twitter.com/itGHLZU48i— WhaleStats (tracking crypto whales) (@WhaleStats) February 26, 2023
As of press time, Shiba Inu is trading at the price of $0.0000127, up 3.97% over the last day, with a 24-hour trading volume of $177,170,238 ($177.17M).
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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