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Shiba Inu is Now The 12th Largest Crypto by Market Value

SHIB is the 12th largest crypto by market value. The meme coin mania has spread like wildfire. SHIB’s Relative Strength Index (RSI) was in a neutral position. Shiba Inu has surpassed DAI to become the world’s 12th biggest cryptocurrency by market value according to Coingecko. DAI’s current market capitalization is $6,460,080,182. Shiba Inu’s market worth has overtaken DAI’s and now stands at $6,616,092,945. The crypto world was not spared by the bear market, as all major currencies were down more than 70-80% from their all-time high. Bitcoin has also fallen to $17,700 before gradually recovering to $19,031 at the time