While 2021 will be a good year for the cryptocurrency market, the popular joke currency Shiba Inu (SHIB) undoubtedly achieved great success in 2021. So much so that today a new one has been added to these achievements.
Shiba Inu Beats Bitcoin, Ethereum and Dogecoin
Popular joke currency known as the DOGE killer Shiba Inu (SHIB) emerged as the most viewed cryptocurrency on popular price tracking platform CoinMarketCap in 2021, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). surpassed the top cryptocurrencies.
According to CoinMarketCap, the Shiba Inu has recorded over 188 million views in the last 12 months; That’s equivalent to about 43 million more views than Bitcoin’s 145 million this year.
Dogecoin, on the other hand, ranked third among the most viewed cryptocurrencies with 107 million views in 2021, followed by Cardano and Ethereum with 86 million views and 81 million views, respectively.
On the other hand, another interesting event is that although the popular prank currency was launched only 15 months ago, it may have risen to the 13th largest cryptocurrency in the world by market value during this time.
In October, SHIB rose more than 133% over a four-day period to hit an all-time high of $0.000088. This incredible bull run brought the total market value of the popular prank currency to over $41.5 billion. With these increases in the Shiba Inu, it took its place among the top 10 crypto assets with a market capitalization exceeding the popular joke currency Dogecoin.
Popular Among Top Exchanges
Despite all the success the cryptocurrency has had over the past year, the Shiba Inu remains popular with investors and crypto assets alike.
So much so that last month, popular crypto exchange Kraken announced on Twitter that it would add support for SHIB if the tweet received more than 2,000 likes. Surprisingly, the tweet received more than 41,000 likes in a short time, making it the second most popular tweet by the exchange.
Meanwhile, data collected by leading information firm Global Data showed that social media conversations about SHIB have increased by 16,000% this year, giving memecoin the largest growth rate compared to any other top 10 cryptocurrencies.