alex dovbanya
Shiba Inu (SHIB) is back above Tron (TRX) after a sudden 44% price spike
meme coin price Shiba Inu (SHIB) According to data provided by CoinMarketCap, there is an increase of about 44% in the last 24 hours.
The popular canine coin has now moved up to 13th position in terms of market capitalization, overtaking Tron (TRX).
The Shiba Inu is now closer to catching up with Dai (DAI), a popular decentralized stablecoin that has seen a resurgence after the collapse of rival TeraUSD in early May.
SHIB touched $0.000012 on the Binance exchange earlier today, reaching its highest level since late May.Nevertheless, despite increasing adoption, Mem Coin is still down 67.48% since the start of the year.
as Reported by U.TodayThe canine cryptocurrency began trading on the Bitstamp exchange earlier this month.
