SHIB was the most popular coin on CoinmarketCap cap for 2021 according to the latest reports, as it outperformed both Bitcoin and Ethereum so let’s read more in today’s altcoin news.
2021 has been a great year for Shiba Inu as the meme coin continues to record milestones every day. Achieving another milestone, the DOGE killer emerged as the most seen crypto on the CoinMarketcap price tracking platform. SHIB was the most popular on CoinMarketCap and surpassed crypto assets like Bitcoin and Ethereum. According to coinmarketcap, Shiba Inu recorded more than 188 million views in the past year and about 43 million more than Bitcoin’s 145 million views this year.
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Dogecoin was ranked in the third position among the most seen cryptocurrencies this year with 107 million views followed by Ethereum and Cardano 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
Shiba Inu is just 15 months old but now sits at 13th biggest crypto in the world by the crypto market. SHIB surged over 133% in a period of four years and reached an all-time high of $0.00088. The strong bull run pushed the total market cap to over $41.5 billion and the coin even ranked among the top 10 biggest crypto assets by the market cap surpassing the predecessor DOGE. Despite the feats the crypto achieved in the past year, SHIB continues to find favor among the investors and crypto entities alike.
A month ago, the popular crypto exchange Kraken announced that it will add support for SHIB if the tweet gains over 2000 likes, and the tweet got over 41,000 likes making it the second most popular tweet by the exchange. In the meantime, the data gathered by the company Global Data showed that the social media conversations about SHIB surged by 16,000% and gave the memecoin a huge growth rate compared to other currencies.
As recently reported, 2021 is slowly going away and we saw a huge number of exciting trends coming and going into the crypto sector and one that had a huge impact is the trend of meme coins that was led by Shiba Inu itself. The new research conducted by Global Data shows that the social media mentions that include Shiba Inu received a stunning 16,000 percent rise. By this metric, the meme-inspired coin and self-proclaimed DOGE killer, swept every other coin on the market during 2021.
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