With Shiba Inu’s market cap surpassing $ 19 billion, coin flipping no longer seems like a pipe dream for SHIB holders
Shiba Inu (SHIB) hit a new all-time high of $0.00004860 at 12:17 p.m. UTC on the Binance exchange.
It has risen 19.2% in the past 24 hours, once again becoming one of the top performing altcoins, according to data from CoinMarketCap.
With a market cap of $19 billion, it is currently the 11th biggest cryptocurrency overall.
Dogecoin, which only rose 2.26%, is in 9th place, followed by USD Coin (USDC).
Shiba Inu remains the most-traded cryptocurrency on Coinbase, nearly doubling Bitcoin’s volume.
The king of crypto is currently in the red after failing to break above the pivotal level of $ 63,000.
Over the past week, Shiba Inu, an arcane canine token, has gained widespread press coverage, with CNN being among the mainstream outlets that reported on the cryptocurrency’s eye-watering gains.
The token has risen 571% this month alone.
