Bitcoin (BTC) is the world’s most popular cryptocurrency but for the last couple of years, Shiba Inu (SHIB) is the most popular and trending cryptocurrency in the world. The craze for Shiba Inu (SHIB) is increasing day by day even this year. Due to this many small businesses have accepted Shib as a mode of payment and that is why we have seen a tremendous rise in the price of this meme coin.
From its initial launch in the year 2020, the year 2021 was one of the best years for the Shiba Inu. Many investors had booked a huge amount of profit from this cryptocurrency. That is why Shib was the most popular and trending coin on the Coinmarketcap in 2021.
Shib has left behind Bitcoin (BTC), Ethereum (ETH), and the world’s most popular meme coin Dogecoin (Doge). Currently, Shib is ranked 14th with a total market capitalization of $16,708,482,483. Shib is almost up by 37112701% from its all-time low which is $0.000000000082. At the time of writing this article, Shiba Inu was trading at $0.00003043.
Shib was initially launched as a meme coin to give direct competition to Elon musk’s favorite Dogecoin. But today, Shib is not a meme coin anymore. The team of the Shiba Inu is working on their future projects including Metaverse. Due to their future projects, Shiba Inu is attracting investors, and hence the popularity of this Dogecoin killer coin is expected to grow higher this year.