The year keeps getting better and bigger for Shiba Inu as the meme coin defeats Bitcoin and Ethereum in popularity. The crypto recently became the most viewed crypto on CoinMarketCap, the renowned crypto ranking website.
The list surprised most traders as it showed Ethereum at number five with Dogecoin and Cardano above it. CoinMarketCap released an official tweet to announce the news, showing the top five most viewed cryptos in 2021.
With over 188 million views, Shiba Inu outperformed the competition by a mile. The meme coin was 43 million views ahead of Bitcoin, the biggest cryptocurrency in the world. The competition was nowhere close as Dogecoin tailed BTC with 107 million views.
Cardano beat Ethereum by a small margin to grab the fourth. The crypto amassed 86 million views while the second-largest crypto garnered 81 million views. Know about Shiba Inu coin price prediction here!
Besides the whopping 188 million views, Shiba Inu also scored over 1.4 million watchlists on CoinMarketCap. Binance’s acquisition of CoinMarketCap has added another layer of reputability to the platform.
As per Similarweb’s report, the crypto ranking site currently boasts over 340 million monthly views. With such a large number of traders trusting the platform, ranking at the top is a huge feat, especially for a meme coin like SHIB.
The crypto also got listed on multiple regional and international exchanges recently. Names like Gemini, Kraken, Bitfinex, and Coinbase now support SHIB. Moreover, Bitstamp is ready to open a tremendous customer reach for Shiba Inu in the European market.
SHIB’s arch-rival Dogecoin did not lack in performance as it became one of the most traded cryptos in India. Despite being 56.5% down from its peak, Shiba Inu is not showing any signs of stopping.
The crypto scored 1 billion dollars worth of trading volume in the past 24 hours, showing traders’ trust in the crypto.