Shiba Inu Surpasses MATIC in Market Capitalization After 23% Rise

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After a 23% increase, Shiba Inu surpasses MATIC in market capitalization SHIB SHIBARMY Polygon PolygonMatic

Shiba Inu continues the trend of exchange listings it started in late 2021. According to a recent announcement, Shiba Inu deposits are now available for trading on Indian cryptocurrency exchange Giottus. Before that, Shiba Inu saw listings by such major Indian exchanges as Unocoin, ZebPay and CoinDCX.Shiba Inu presents an opportunity for dip-buying, as it is slightly above the key level where it rallied nearly 220% in late October 2021.

On the upside, a barrier is envisaged at $0.000035, from which SHIB might climb to $0.000055. Alternatively, downside support is seen at $0.0000255. At the time of publication, SHIB was changing hands at $0.00003194, up 12.02% in the last 24 hours, according to CoinMarketCap.

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ICYMI: ShibaInu now ranks 13th largest cryptocurrency ahead of $MATIC's market cap of $17.18 billion Polygon MATIC SHIB $SHIB

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