Shiba Inu coin surges 100%! SHIB becomes the 10th largest cryptocurrency with a market value exceeding AVAX and DOT

While Bitcoin broke through $68,000 and hit a new high, dog meme coins also showed strong upward momentum! According to Binance spot data, Shiba Inu Coin (SHIB) is currently quoted at $0.00004462, with an increase of 104.87% in the past 24 hours, and a surge of more than 330% in the past week.

SHIB jumps to 10th largest token

SHIB’s price surge has caused its market capitalization to exceed $26.3 billion, surpassing AVAX and DOT and moving it to 10th among all cryptocurrencies by market capitalization position, only less than $1.2 billion behind ADA.

Dog Meme Coins Are Rising

Among other dog-themed Meme coins, the Doge coin with the highest market value has risen by 31% in the past 24 hours, with the price exceeding $0.2. , its market capitalization ranking rose to seventh place, surpassing USDC. The BONK coin in the SHIB ecosystem also increased by more than 36% in a single day.

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