Shiba Inu continues to cause a sensation
SHIB continues to aggressively expand its market position.
Shiba Inu (SHIB) continues to make noise that can be heard in all corners of the crypto world. In particular, SHIB has aggressively expanded its market position in the last few days. At the time of this writing, SHIB has a 24-hour trading volume of nearly $ 6 billion. This feat by SHIB has led cryptanalysts to believe that sooner or later SHIB may turn around DOGE.
This prompted Watcher.Guru, a crypto enthusiast, to respond in a tweet:
Will $ SHIB flip $ DOGE in 2021?
- Watcher.Guru (@WatcherGuru) October 23, 2021
This post from Watcher.Guru received over 6k likes and 1k shares on Twitter (NYSE: TWTR). On top of that, he also garnered a ton of different opinions about SHIB's ability to freak DOGE. Some agree, some disagree, and some remain neutral.
Regardless, SHIB remains one of the top 15 crypto assets in CoinGecko. Additionally, it has a market capitalization of nearly $ 18 billion. Through this we can really say that the SHIB army is still strong and standing upright despite the challenges in the crypto world.
On the other hand, some countries are starting to use SHIB as a means of payment for goods and services. The country of Venezuela is one of the countries in the world where some stores accept SHIB as a method of payment.