Shiba Inu has once again proven its worth as it claims the “Coin of the Day” title on LunarCrush.
LunarCrush Names Shiba Inu’s Coin of the Day for Impressive Market Performance and Social Engagement
In a major development, LunarCrush, the renowned financial social media analytics platform, has bestowed the prestigious “Coin of the Day” title upon Shiba Inu. This recognition comes alongside a slew of impressive metrics showcasing SHIB exceptional social activity and outstanding performance in the market.
Shiba Inu is Coin of the Day on LunarCrush! $Shib was automatically chosen based on leading combined social + market performance.
Galaxy Score™ 45/100
Real-time #shibainu metrics: https://t.co/6W0wq2DvZb pic.twitter.com/xUx62mDaM1
— LunarCrush (@LunarCrush) May 14, 2023
In a recent assessment conducted by LunarCrush, SHIB achieved an exceptional Galaxy Score of 45%. The comprehensive evaluation considered factors such as the token’s price score, social impact score over the past 24 hours, average sentiment, and correlation rank.
In addition, Shiba Inu has also secured a 434th position on LunarCrush’s AltRank out of 4,389 mainstream assets evaluated in the past 24 hours. This notable achievement underlines the SHIB’s overall strength and influence within the broader cryptocurrency ecosystem.
However, the most remarkable aspect of Shiba Inu’s recent success lies in its social engagement. SHIB has witnessed an astounding total of 146.08 million social engagements within 24 hours. The token has also garnered a staggering 11.06K social mentions during this period. This incredible level of social engagement is attributed to the buzz generated by the token burns and the remarkable achievements of Puppynet, the Shibarium Beta Network.
Shiba Inu’s lead developer, Shytoshi Kusama, cheers the development. He took to Twitter and shared the news with a simple yet impactful caption: WOOF.
— Shytoshi Kusama™ (@ShytoshiKusama) May 14, 2023
As reported earlier by The Crypto Basic, LunarCrush has added support for Shiba Inu on its trading platform, LunarCrush Trade.
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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.