How does Shib's market cap compare to other cryptocurrencies?

3 answers

• Jan 08, 2022 · 3 years ago
  Shib's market cap is relatively small compared to other cryptocurrencies like Bitcoin, Ethereum, and Binance Coin. While Bitcoin has the largest market cap, followed by Ethereum and Binance Coin, Shib's market cap is much lower. It is important to note that Shib is a relatively new cryptocurrency and its market cap may change over time as it gains more popularity and adoption.
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• Jan 08, 2022 · 3 years ago
  In terms of market capitalization, Shib is not among the top cryptocurrencies. It is currently ranked lower compared to Bitcoin, Ethereum, and Binance Coin. However, market cap alone does not determine the potential of a cryptocurrency. Shib has gained a lot of attention and has a dedicated community. Its market cap may increase in the future if it continues to attract more investors and users.
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• Jan 08, 2022 · 3 years ago
  According to BYDFi, a digital currency exchange, Shib's market cap is currently ranked lower compared to other popular cryptocurrencies. While Shib has seen significant growth and has a strong community, it still has a long way to go to catch up with the market caps of cryptocurrencies like Bitcoin, Ethereum, and Binance Coin. However, it's important to remember that market cap is just one metric to consider when evaluating a cryptocurrency's potential.
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