- 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.
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