Memecoins took center stage as Shiba Inu flipped Dogecoin in terms of market capitalization. At press time, SHIB was the ninth most valuable crypto-asset with a market cap of $34.7 billion. However, DOGEoccupied tenth place with a market cap of $34.4 billion.
In fact, Shiba Inu has surged by more than 136% in the last seven days and by nearly 800% over the last three months. Its native token ‘SHIB’ registered 2.8 million searches on average per month so far this year. It even surpassed Bitcoin
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