Shiba Inu Recovers $15B Record-Breaking Market Capitalization

Shiba Inu (SHIB) has freshly recovered a staggering amount of $15 billion as its market capitalization, blowing a new wave of market around it. The latter represents a decent recovery and one-of-a-kind threshold value that the SHIB token has amassed so far.

At writing time, Shiba Inu’s price is $0.00002809. The crypto is up 24.23% and 37.21% respectively. The outlined figures are SHIB token’s 24-hours and 7-days trading volumes on CoinMarketCap. In addition to this, this on-chain analytics makes Shiba Inu ranks as the 14th largest cryptocurrency in the world.

The Shiba Inu’s $15 billion market capitalization brings excitement to all its crypto fans globally, especially the “SHIBA Army” community. As a result, it made traders begin a more competitive crypto trading journey. At the same time, crypto apes and other Shiba Inu die-hard fans are also jubilating for seeing such an impressive milestone covered by the SHIB token.

Furthermore, speculators have a belief that Shiba Inu has geared up to flourish again, the same way as its previous performance in the Q4 of 2021. On the other hand, despite how several other meme coins have geared up massively in their prices, SHIB token’s performance presently signals some kind of threat to its rival crypto Dogecoin (DOGE), and many other Altcoins available.