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SHIB Beats DOGE, Leaping at No. 9 Ranking of Market Value
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Shiba Inu (SHIB), a token launched in 2020 to poke fun at Dogecoin, now ranks No. 9, overtaking Dogecoin with a market value of over $38 billion.
While Dogecoin (DOGE), which launched in 2013, ranks No. 10 with a market value of over $35 billion, according to CoinGecko.
On Thursday, SHIB — which is also referred to by some as the “dogecoin killer” because of its relatively low price, which is attracting Dogecoin investors — hit an all-time high of $0.00008616.
Since recently, competing in
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