With a market value of more than $20 billion and the position of 13th largest cryptocurrency in the world, Shiba Inu has been announced by CoinMarketCap as the most viewed cryptocurrency of 2021 topping the likes of Bitcoin and Ethereum.
Shiba Inu (SHIB) is no longer a joke. It’s real. According to cryptocurrency price tracking site CoinMarketCap, SHIB was the most popular cryptocurrency in 2021, beating Bitcoin and even Ethereum. It was based on a dog meme and claimed to be the “Dogecoin killer.”
The rank
During the last 12 months, CoinMarketCap says that the Dogecoin spinoff had more than 188 million views. Bitcoin came in second with 145 million views. Note that SHIB is the 13th largest cryptocurrency in the world, with a market value of more than $20 billion.
The third most popular cryptocurrency was Dogecoin, which had 107 million views. Cardano had about 86 million views, and Ethereum had 81 million views. Dogecoin was the third most popular cryptocurrency.
SHIB’s growth and movement
As a result of a tweet from Elon Musk on October 18, SHIB’s popularity is thought to have risen even more. During that time, the token was trading at a price of $0.000026. Almost 50 percent of people saw his tweet, and the price of the coin rose to $0.000044.
There are also rumors that the SHIB will soon be added to Robinhood, a popular stock trading app. A Change.org petition has also asked Robinhood to list the coin on its platform. It had almost 3 million signatures.
In the past, SHIB has been called the most talked about cryptocurrency, but this isn’t the first time. In October, data compiled by ICO Analytics showed that Shiba Inu was the most talked about crypto in October, with a 22 percent share of all crypto assets discussed on the platform. This was more than Ethereum, which had an 8.1 percent share, and Bitcoin, which had a 7.2 percent share.
#SHIBARMY, #ShibaSwap, #shibainucoin, and #SHIB are some of the hashtags people are using on Twitter to show their support for the meme coin.
Coins like Safemoon, Solana, Cardano, and Binance were some of the most talked-about on Twitter, according to a graph from ICO Analytics. However, none of the cryptocurrencies came even close to being as popular as SHIB, which was the most popular.