Shiba Inu (SHIB) Flips Avalanche (AVAX) as Market Resets

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Shiba Inu just flipped Avalanche despite bearish market sentiment

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At the time of writing, Shiba Inu has seen a 0.62% drop in its price to $0.00002471, placing its market cap at approximately $14.59 billion. Avalanche, on the other hand, has slipped by 0.67% in the past 24 hours, with its price pegged at $36.92 with a market cap of $14.51 billion. While the marginal daily losses appear similar, Shiba Inu has recorded a much milder loss over the past week. Per market data, while SHIB has dropped by 2.51% over the past week, AVAX has shed more than 8.5%, setting it up for a As one of the most ambitious digital currencies in the ecosystem, Shiba Inu might also be on its way to displacing Cardano in its bid to reclaim a top 10 spot. Unlike the $14.59 billion market cap of Shiba Inu, Cardano is currently worth $16.3 billion atop $0.

 

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