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Investors often look for lists of the top cryptocurrencies to invest in. These lists usually consider factors like the price and market capitalization of a coin. One popular list is provided by CoinMarketCap, which ranks cryptocurrencies based on their market cap. At the top of the list is Bitcoin, which has the largest market cap. Many investors prefer to buy coins like Bitcoin and Ethereum, which are higher on the list.
Recently, Shiba Inu has been gaining popularity and climbing up the rankings. It is aiming to enter the top 10 cryptocurrencies by market cap. In the following sections, we will explore whether Shiba Inu has the potential to achieve this milestone.
Recently, Shiba Inu has been climbing the list, as it is looking to enter the top 10. Can it enter soon?
Read on to find out!
Shiba Inu was created by an anonymous character (or organisation of people) called Ryoshi in 2020. It was named after the Shiba Inu, a famous Japanese canine breed. But why Shiba Inu? Back in 2020, dog-themed cryptocurrencies used to be a thing, so the proprietor possibly observed the trend. Well, his decision worked, as Shiba Inu quickly grew in recognition and conquered newer memecoins created around the same time.
In six months, it gave buyers more than 3000%. This hefty return quickly went around as more investors abandoned Dogecoin and went for it as an alternative. Shiba Inu rallied again, giving buyers even more money and making early buyers a fortune. Its market cap grew by more than 7x, turning it into one of the top 50 coins, then the top 20. Currently, it’s the 15th largest coin according to market cap.
Shiba Inu has the capacity to go into the top ten, particularly with its developing utility. Shiba has moved from being just another memecoin to the second-largest memory with value to its ever-energetic community, the ShibaArmy. The Shiba ecosystem has Shibaswap, a decentralised change, a metaverse, and is developing a local network referred to as Shibarium.
As Shiba Inu keeps growing its ecosystem, it’s far ahead of every other memecoin. But many investors are predicting one project, named Pikamoon, to do much better than Shiba Inu.
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Pikamoon, is a brand-new Metaverse game on the way to changing how people earn within the Metaverse by rolling out a realistic, transparent way for players to earn and spend their gaming rewards in the real world. Inspired by Pokemon, this revolutionary game is bound to give investors massive returns in such a short time frame.
Pikamoon has several competitive advantages that set it apart from other projects in the market. Here are some of its key strengths:
If you missed out on the Shiba Inu pump, the best alternative is to hop on the Pikamoon presale. Pikamoon is one memecoin that would outperform Shiba Inu, as its utility, partnerships, and immersive graphics are just some of the features that guarantee massive adoption and will attract a multitude of gamers to the ecosystem, driving up the demand for the token.
Early buyers in the presale have already seen a 100% return on investment, and by investing in the second phase, you have the potential to earn up to 10,000% returns when the coin launches. Pikamoon has the potential to change your financial situation just like Shiba Inu, and it’s worth considering as a promising memecoin with the potential to reach top market cap rankings.
Buy Now: https://pikamoon.io/buy
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Disclaimer: Any financial and crypto market information given on Analytics Insight is written for informational purpose only and is not an investment advice. Conduct your own research by contacting financial experts before making any investment decisions, more information here.