Shiba Inu surpasses Dogecoin by market cap on CoinGecko
Shiba Inu is more and more rapidly catching up with its “progenitor” Dogecoin in terms of market capitalization and is seriously going to move it from the tenth line in the TOP of digital currencies on CoinMarketCap.
The sharp price jump allowed the SHIB army to attract not only more attention from investors who did not previously believe in this token but also significantly increased the "stakes" on the issue of market capitalization. If earlier some joked that the “son” of DOGE would not be able to repeat his records or, moreover, overcome them, now the jokes have faded into the background.
On CoinMarketCap, the cryptocurrency is still right behind Dogecoin, almost compared with it in terms of indicators 30.58 billion for SHIB versus 31.99 billion for DOGE. Meanwhile, on CoinGecko, Shiba Inu scores even higher at over 39.38 billion against a “modest” 31.53 billion market cap for Dogecoin.
The increase in the SHIB price over the last day was more than 170% on the Binance cryptocurrency exchange, reaching 0.00007810. A few hours ago, the token consolidated its success, delighting investors with a new all-time high of 0.00008685. At the same time, about a quarter of trades in the entire daily Shiba Inu volume of 35.72 billion occurred on Binance.
The last major marketplace to be interested in SHIB listing was Robinhood, which answered “no” rather than “yes”. I wonder what is the opinion of the CEO of the company Vlad Tenev about the tokens now, and can the explosive growth, as well as billions of dollars in investments, convince the platform team of the advisability of adding another dog token after Dogecoin is listed on the exchange in the first financial quarter of 2021?
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