• Shiba Inu (SHIB) has shown resilience amidst market turbulence, ranking third in social interactions among meme coins.

  • Despite a broad decline in cryptocurrency prices, SHIB has outperformed other meme coins like Floki Inu and Bonk.

  • Recent positive updates, including partnerships with BitPay and Transak, as well as support from Unification and promotion by Crypto.com

In the midst of the current market upheaval, Shiba Inu (SHIB) has exhibited notable strength in terms of social activity, clinching the third spot among meme coins with the highest social interactions. Even as the broader cryptocurrency market experiences a significant downturn, Shiba Inu has managed to outshine other meme-based assets such as Floki Inu (FLOKI) and Bonk (BONK).

Data from Lunar Crush, a well-known social intelligence platform, reveals that SHIB achieved a social interaction score of 8.15 million, encompassing social media likes, upvotes, retweets, and comments across various platforms, including X/Twitter, Reddit, and Discord.

This remarkable score positions SHIB just behind Pepe (PEPE) and Dogecoin (DOGE), which recorded social interaction scores of 32.84 million and 10.71 million, respectively.