Shiba Inu Ranks as the 12th Biggest Crypto

Shiba Inu is the third most searched cryptocurrency in 2021-according to a new survey

According to a recent study, Shiba Inu will be the world’s third most searched cryptocurrency in 2021, when the meme coin reaches an all-time high.

According to a recent survey by Bacancy Technology, Shiba Inu has got 2.8 million searches per month on average so far in 2021. This compares to bitcoin’s average monthly search traffic of 22 million and ethereum’s average monthly search volume of 6.3 million.

According to the analysis, another dog-themed coin, Dogecoin DOGEUSD, -12.05 percent, came in sixth place.
SHIB hit a new high of $0.0000497 earlier in the day on Tuesday. According to CoinDesk statistics, the coin most recently traded at $0.000047, up 14.1 percent in the last 24 hours and 72 percent in the last seven days.

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Over the last 30 days, the token has gained 579 percent, bringing its total market valuation to $18.7 billion, the 11th most among all cryptocurrencies.

According to data from Shiba Inu’s decentralised exchange Shiba Swap, which began in July, trade volume increased in October, reaching an all-time high of $452 million on Oct. 7. On Monday, it had a volume of $100.6 million.

Bitcoin BTCUSD, -5.30% has lost 1.3 percent in the last 24 hours, and is currently trading at $61,986. According to CoinDesk statistics, Ether was trading at $4,208, down 3.9 percent from its all-time high of $4,379 in May. Dogecoin was last seen trading at $0.27, down 0.3 percent in the last 24 hours.

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