SHIB dwarfs XRP, DOGE, SOL in trading volume as price surges by 70%

Shiba Inu (SHIB), the decentralized meme token, has surged over 70% in a day and up more than 220% in a week.

With a market capitalization of $9.3 billion, the digital asset is now ranked among the top 20 cryptocurrencies in terms of market cap, according to the latest statistics.

Whatsmore, the meme token is now the fourth most-traded asset surpassing Dogecoin (DOGE), XRP, and Solana (SOL) in trading volume, with over $14 billion traded in the last 24 hours.

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