The ecosystem Shiba Inu (SHIB) was highlighted recently. Leading cryptocurrency exchange Crypto.com generated community excitement by highlighting Shiba Inu (SHIB) on March 19.
When highlighting the SHIB ecosystem, the exchange highlighted the history of the token by sharing an image with the iconic logo, its current market value and its price variation recorded over the last week.
“Top Memecoin by market cap, number 2 coin Shibtoken (SHIB), year founded: 2020. SHIB was founded by an anonymous person/group called Ryoshi, named after the Shiba Inu dog,” Crypto.com stated.
In the view of the SHIB community, the recent highlight reflects two important points: the popularity of the second largest memecoin, as well as its potential as an excellent competitor in the cryptocurrency industry.
The official Shiba Inu account shared a reaction to the publication, emphasizing that in the future its native token will be number 1 in the memecoins ranking, surpassing the current leader, Dogecoin (DOGE).
“#2 today, but Doge’s days are numbered. We have the Shiba Army, Shibarium and secret tricks that we can't reveal yet. Get ready for a new doggo top. Lots of wow coming!” he wrote.
#2 today, but the Doge days are numbered. We've got the #ShibaArmy #Shibarium and secret wags we can't reveal yet. Get ready for a new top doggo. Much wows incoming! #SHIB https://t.co/GiCJ2OKCLv
- Shib (@Shibtoken) March 20, 2024
At the time of publication, the Shiba Inu price was quoted at US$0,00002578, up 1.5% in the last 24 hours. During this period, memecoin had a trading volume of US$1.787.136.850. In its weekly development, the Shiba Inu cryptocurrency has recorded a pullback in its price of 19.9% in the last seven days.
Shiba Inu Ecosystem: Shibarium Reaches Major New Milestone
Shibarium, a powerful layer 2 network in the Shiba Inu (SHIB) ecosystem, recently reached an impressive new milestone. The Shiba Inu Layer 2 Solutionreached a milestone related to its transaction revenue.
Data shared by Shibariumscan highlighted that Shibarium experienced a major achievement by managing to surpass 411 million transactions recently.