According to CoinMarketCap data, Shiba Inu has reclaimed the 13th spot in terms of market capitalization, surpassing Polygon (MATIC). With a present market valuation of $17.49 billion, Shiba Inu now ranks 13th largest cryptocurrency ahead of MATIC’s market cap of $17.18 billion.
The tussle between the top cryptocurrencies for the 13th spot intensified on Jan. 12 as MATIC surpassed Shiba Inu in terms of market valuation.
As reported earlier by U.Today, MATIC earlier flipped Shiba Inu after a 16% rebound. The Polygon community cheered the news of the Plonky2 launch and the release of the schedule for the much-awaited London hard fork mainnet launch.