Shiba Inu overtakes Doge in market capitalization

Shiba Inu coin is up over 50% in the last 24 hours to $0.000089

A further decrease in price to $0.000078 and market value to $44 billion did not move the coin from 8th place in the ranking. SHIBA is already three points ahead of DOGE in the capitalization ranking. 

Shiba trading volume is constantly growing. The cryptocurrency fell sharply earlier this week following Elon Musk's tweet. However, Robinhood Markets' move to list Shiba helped propel the cryptocurrency to record highs. Traders are buying up the asset in hopes of sharp growth after listing on a popular platform.

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