Trending memecoin, Shiba Inu has moved two steps up in the crypto market ranking, flipping Avalanche (AVAX), and Chainlink (LINK) to occupy the 12th position on the chart.
This development comes amid a global market uptrend that has positioned the majority of the cryptocurrencies in the green. According to on-chain data, SHIB reached a monthly high of $0.00001957 over the last day.
However, at the time of writing, the second-largest memecoin by market cap changed hands at $0.00001856 representing a 1.54% increase in the last 24 hours.
The post "Just In: Shiba Inu Becomes 12-Largest Cryptocurrency Surpassing AVAX" first appeared on 36crypto.com News.