Home 'Shiba Inu (SHIB)' Shibabu cryptocurrency betrays TRON to keep its position in the global top 10: Cardano next?
Shibabu betrays #TRON to make the Top 10: Is Cardano next?
Can #Shiba Inu maintain its position in the global top 10 #cryptocurrencies while an epic bull rally restores the dominance of meme coins?
Shiba Inu waving at the top of a hill. Shiba Inu has entered the top 10 cryptocurrencies, pushing TRON down to tenth place. Exchange reserves fell as #SHIB custodians switched to DeFi wallets.
SHIB prices are at their highest level since the beginning of the year as most SHIB holders made profits.
Dogecoin (DOGE) and SHIB (SHIB) dominate the ongoing bull rally. Both cryptocurrencies rose more than 55% in seven days, accompanied by huge trading volumes on both the spot and derivatives markets.
Monday, Shibain was displaced by the popular altcoin Tron (TRX) from the 10th place in the global ranking of cryptocurrencies by market capitalization. Shibainu's shocking daily trading volume on the spot market totaled $7.2 billion, nearly nine times that of Tron.
Breaking through the $0000028 mark, SHIB hit a three-month high and added another 8% to its multi-week bull rally; SHIB's share price has risen 64.8% in the past seven days and 200% since the beginning of the year. With a market capitalization of $16.55 billion, SHIB is more than $2 billion ahead of TRX and less than $5 billion ahead of Cardano (ADA).
As a result of the post-election bounce, more than 72% of SHIB holders are now in profit, while a minority - 25% - are in the negative. Let's assume that SHIB price overcame the resistance bubble at $000003. In this case, the potential wall of sales would reach 16.09 trillion coins in 133.64 thousand crypto wallets, which is an important figure for SHIB to regain its yearly high of $BTC Can SHIB price reach its yearly high?
This bitcoin-led bull cycle can only be interesting for SHIBs: when bitcoin hit an all-time high of $ 86,586.
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