Over the past 12 months, Shiba Inu has received over 188 million views. On the other hand, Bitcoin, the world’s most popular cryptocurrency, ranked second with 145 million views – about 43 million more than Shiba Inu – during the same period, according to CoinMarketCap, a cryptocurrency price tracker. Shiba Inu is a by-product of an existing meme currency – Dogecoin, which got its share of fame during 2021. Interestingly, Dogecoin ranked third on the list with 107 million views.
Cardano and Ethereum followed in fourth and fifth places, with 86 million views and 81 million views, respectively.
On Christmas Day, CoinMarketCap shared the rating on its official Twitter account. He wrote on the post, “Regardless of the ranking, here’s what CoinMarketCap users have seen the most this year!”
– CoinMarketCap (@CoinMarketCap) December 24, 2021
Although Shiba Inu is only 15 months old, it is currently ranked 13th among the largest cryptocurrencies in the world with a market capitalization of over $18 billion. In October, the cryptocurrency surged more than 133 percent in four days, reaching an all-time high of $0.000088.
Over time, it has continued to find favor among investors, cryptocurrency exchanges, and other entities alike.
In the past, Shiba Inu supporters inflated the meme coin with hashtags like “SHIBARMY,” “ShibaSwap,” “shibainu,” “shibainucoin,” and others.
Then, in November, cryptocurrency exchange Kraken tweeted a listing of Shiba Inu on its exchange if the tweet got more than 2,000 likes.
???? ???? ????
???? ???? ♥️
Kraken Exchange November 1, 2021
Another factor that has made this digital asset popular is the rumor circulating in the crypto world that Shiba Inu is likely to be listed on the popular stock trading app, Robinhood. This rumor spread in October. Shiba Inu is already listed on Coinbase, another popular cryptocurrency trading platform, and Public, a retail trading app that rivals Robinhood.