⚠️ **Shiba Inu (SHIB) Loses Market Spot to Avalanche (AVAX): Details** ⚠️

In a surprising reshuffle, the dog-themed cryptocurrency Shiba Inu (SHIB) has been overtaken by Avalanche (AVAX) in market rankings. 🐕➡️🏔️

Despite SHIB's stunning 300% rally from late February to early March, profit-taking has seen it slip to 12th place. 📉 Throughout this period, SHIB fiercely defended its 11th spot but was finally pushed down by AVAX's recent surge. 🚀

In the last 24 hours alone, SHIB has lost roughly 4% of its value, trading at a high of $0.00002684 before retreating. The broader market's dip hasn't helped, although optimism around U.S. approval of Ethereum ETFs provided some temporary boosts. 📈

SHIB's struggle has been marked by consistent resistance at the daily SMA 50 barrier. Even after a successful break on May 20, it couldn't sustain the momentum. Meanwhile, AVAX has soared over 18% in the past week, now boasting a market cap of $15.6 billion compared to SHIB's $14.8 billion. 💰

Will SHIB reclaim its rank, or will AVAX continue its climb? Only time will tell. ⏳

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