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HomeCrypto NewsMarketShiba Inu "SOON" Tweet Skyrockets SHIB Market Cap Beyond $6B, Secures 11th Spot in Crypto Rankings

Shiba Inu “SOON” Tweet Skyrockets SHIB Market Cap Beyond $6B, Secures 11th Spot in Crypto Rankings


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Shiba Inu surged over 7% after the team teased the potential announcement with a cryptic social media post.

Shiba Inu team has posted a cryptic social media post containing just one word, “Soon ™️.” This has ignited a wave of speculation among the crypto community – specifically the Shiba Inu Community.

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The enigmatic message left investors and enthusiasts pondering over potential developments or announcements that might be on the horizon.

The tweet has generated immense engagement, with 1,659 reposts, 108 quotes, and 6,457 likes.

Clues from Shytoshi Kusama

In a recent telegram group chat, Shytoshi Kusama, the lead developer of Shiba Inu, confirmed that the team is gearing up to unveil three new partnerships. In addition, Kusama dropped a cryptic equation, Shib > X. This equation has captured even more attention as it suggests that Shiba Inu could be greater than crypto Twitter.

NOWNodes Countdown to Shibarium Mainnet

On the other hand, NOWNodes, a key partner in the development of Shibarium, has officially initiated a countdown to the launch of Shibarium Mainnet. In a recent tweet, NOWNodes confirmed that the Shibarium RPC Node launch is just around the corner. The only remaining puzzle piece is the release of the highly anticipated final version of Mainnet.

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The update from NOWNodes hints at the launch of Shibarium Mainnet at the upcoming Futurist Blockchain Futurist Conference 2023, slated for August 15th and 16th.

SHIB Becomes 11th Biggest Cryptocurrency by Market Cap

Amidst these developments, Shiba Inu has climbed the ranks to become the world’s 11th-largest cryptocurrency by market capitalization, beating Polkadot (DOT), Litecoin (LTC), and Polygon (MATIC).

Shiba Inu
Shiba Inu

Shiba Inu witnessed a 7.66% surge in its price over the past 24 hours. This surge has led SHIB to reclaim the valuation of $6,361,742,907 ($6.36 billion). As of press time, Shiba Inu is trading at $0.00001079, with a 24-hour trading volume of $595,522,985 ($595.52 million).

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.



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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