- SHIB has reached a 24-hour trading volume of over $13 billion.
- SHIB attracted crypto analysts to think that SHB can flip DOGE soon.
- Today Shiba Inu (SHIB) has reached its new ATH at $0.0000442.
An ERC-20 altcoin developed on Ethereum blockchain Shiba Inu (SHIB) was growing tremendously in the crypto market for the past few days. SHIB has been vigorously raising its market position. As per CoinMarketCap, Shiba Inu (SHIB) secured 11th position.
Accordingly, at press time, SHIB has reached a 24-hour trading volume of over $13 billion. This was a massive growth, and this achievement of SHIB attracted crypto analysts to think that SHB can flip DOGE soon. On October 23rd the crypto enthusiast posted a tweet,
More so, this tweet has hit over 6k likes and 1k shares on Twitter. However, it has gathered many different opinions about SHIB’s possibility of flipping Dogecoin (DOGE). Some of them agreed on the point, some of them disagreed with that point, even more, some remain neutral.
SHIB is one of the top 15 cryptocurrencies as forementioned. As per CoinMarketCap, SHIB price was trading at $0.00004206 with 24-hour trading volume of $13,337,613,639. In the last 24-hour SHIB price has surged over 48%.
Eventually, SHIB was displaying a continuous bullish trend from the past few days. In the last 30 days, SHIB has increased from $0.0000072 to $0.00004166. And today Shiba Inu (SHIB) has reached its new all-time high (ATH) at $0.0000442. If this continues then the flip may happen soon.
Furthermore, some countries are started to adopt SHIB as one of the payment options for goods and services. Venezuela, a well-known country in the world where some of their shops accept SHIB as their mode of payment.