Categories: Payment system news

Shiba Inu Was the Most Popular Crypto on CoinMarketCap in 2021, Surpassing Bitcoin and Dogecoin

2021 has no doubt been a great year for Shiba Inu (SHIB) as the memecoin continues to record milestone after milestone. Achieving another feat, the DOGE killer has emerged as the most viewed cryptocurrency on the popular price tracking platform CoinMarketCap in 2021, surpassing top crypto assets including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).

SHIB Wins Most-Viewed Crypto Assets of 2021

According to CoinMarketCap, Shiba Inu recorded more than 188 million views within the last 12 months,  about 43 million more than Bitcoin’s 145 million views this year.

Dogecoin was ranked in the third position among the most viewed cryptocurrencies in 2021 with 107 million views, followed by Cardano and Ethereum with 86 million views and 81 million views respectively.

Regardless of ranking, here’s what #CoinMarketCap users ended up viewing the most this year! #CoinMarketCapUnwrapped pic.twitter.com/CDP1ZXv5jI

— CoinMarketCap (@CoinMarketCap) December 24, 2021

Interestingly, Shiba Inu is just 15 months old but currently sits as the 13th largest cryptocurrency in the world by market cap.

In October, SHIB surged over 133% in a period of four days, reaching an all-time high of $0.000088. The constant incredible bull run pushed its total market cap to over $41.5 billion. As at the time, the coin was ranked among the top 10 largest crypto assets by a market cap surpassing its predecessor Dogecoin.

Popular Among Top Exchanges

Despite all the feats the cryptocurrency has achieved within the last year, Shiba Inu continues to find favor amongst investors and crypto entities alike.

Just last month, popular crypto exchange Kraken announced on Twitter that it would add support for SHIB if the tweet gains over 2,000 likes. Surprisingly, the tweet got over 41,000 likes, as at the time CryptoPotato reported the development, making it the second most popular tweet by the exchange.

Meanwhile, data gathered by leading information firm Global Data showed that social media conversations about SHIB surged by 16,000% this year, giving the memecoin the largest growth rate compared to other cryptocurrencies ranked in the top 10.

superadmin

Recent Posts

Cardano Gains 1.7M New Traders Thanks to Pump.fun Integration Amid Midnight’s 2027 Block Production Shift

Cardano could be heading toward a fresh wave of adoption as market analyst Lana Valentis…

16 hours ago

Ripple’s XRP at $1.3: Is a 6.8X Rally Next as Ledger Transaction Volume Explodes to $49.7 Billion?

XRP bulls may have a reason to smile after a sharp surge in on-chain transaction…

17 hours ago

XRPL Lending Proposal Adds Closed-Ended Vault Design To Protocol Plans

TL;DR: Technical documentation for the proposed LendingProtocolV1_1 amendment describes closed-ended vaults with defined subscription and…

1 day ago

XRPL Lending Proposal Adds Closed-Ended Vault Design To Protocol Plans

TL;DR: Technical documentation for the proposed LendingProtocolV1_1 amendment describes closed-ended vaults with defined subscription and…

2 days ago

XRP Whale Outflows Hit 5-Year Low; Here’s What’s Happening

XRP whale outflows on Binance have fallen to a five-year low, according to crypto analyst…

2 days ago

XRP Reserves Surge on Binance, Does It Signal Flash Sell-Offs?

XRP traders are moving assets to centralized crypto exchanges amid macro hiccups, even as the…

2 days ago