- Shiba Inu outperforms 4,489 coins, securing the top spot on LunarCrush’s AltRank list.
- Amidst a massive accumulation trend, Shiba Inu becomes one of the top gainers in the crypto market.
- The Shiba Inu Ecosystem is buzzing with developments, promising a bright future for SHIB in the crypto space.
Shiba Inu has triumphantly claimed the top position on LunarCrush’s AltRank list, outperforming 4,489 other coins in both social and market activity. This achievement is a testament to Shiba Inu’s growing popularity and market activity. The coin has garnered nearly 70 million social engagements and over 900 social mentions in just a day, triggering a price rally.
The price surge has propelled Shiba Inu to the 15th spot in the global cryptocurrency rankings, surpassing top contenders like Chainlink, Monero and Avalanche. The Shiba Inu Ecosystem is abuzz with anticipation for the upcoming Shibarium Mainnet launch. The SHIB development team has launched the Shibarium beta bridge for public testing, inviting ShibArmy members to participate and provide valuable feedback.
In another development, Shiba Inu has become one of the top gainers in the crypto market, thanks to a massive accumulation trend. Shark and dolphin wallet addresses have amassed 1.11 trillion SHIB since June, indicating a strong dip buying pattern among investors. Despite price drops, these addresses continued to accumulate more tokens, leading to a balance of 32.49 trillion SHIB, valued at a staggering $267 million.
The future of Shiba Inu and SHIB in the crypto space looks promising. With the upcoming Shibarium Mainnet launch and the persistent accumulation trend, SHIB is poised for significant growth. The coin’s ability to outperform thousands of other coins and secure a spot among the top gainers indicates a positive trajectory for SHIB in the crypto market.
Read also:
Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source: https://cryptonewsland.com/the-rise-and-rise-of-shiba-inu-outshining-thousands-in-the-crypto-universe/
