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HomeCrypto NewsMarketShiba Inu Tops 4,489 Coins in Market Activity, Regains 14th Spot on CMC

Shiba Inu Tops 4,489 Coins in Market Activity, Regains 14th Spot on CMC

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Shiba Inu secures the top spot on the LunarCrush AltRank list amidst soaring social buzz and market activity.

Shiba Inu has emerged as the undisputed champion, claiming the coveted No.1 position on the LunarCrush AltRank list. The remarkable feat was achieved after SHIB outperformed 4,489 other coins in terms of both social and market activity.

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Per LunarCrush data, Shiba Inu amassed 68.68 million social engagements, with 956 social mentions in just twenty-four hours.

This meteoric surge in social activity has triggered a price rally for Shiba Inu. Based on CoinMarketCap data, the Shiba Inu price has risen by 5.44% over the last day and is currently trading at $0.000008232.

SHIB now 14th top coin in World
SHIB now 14th top coin in World

The price increase has led to a shift in the crypto rankings. Shiba Inu has managed to surpass the top contenders, such as Wrapped Bitcoin (WBTC), Bitcoin Cash (BCH), and Avalanche (AVAX), to become the world’s 14th biggest cryptocurrency by market capitalization.

The Shiba Inu Ecosystem is buzzing with developments ahead of the Shibarium Mainnet launch. The SHIB development team recently launched the Shibarium beta bridge for public testing. ShibArmy members are actively encouraged to participate in this cross-chain solution, providing valuable feedback on any encountered issues or bugs. However, the team urges the community not to use real assets during this testing phase, as the Shibarium beta bridge is not yet fully functional.

DisClamier: 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 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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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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