Shiba Inu Now 13th Biggest Crypto After Flipping Litecoin

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Shiba Inu Now 13th Biggest Crypto After Flipping Litecoin
  • Shiba Inu has flipped Litecoin LTC in terms of market cap.
  • SHIB is currently trading hands at $0.00001151 after a 1.44% drop in price.
  • LTC is currently the 14th biggest crypto with its market cap of $6,303,880,770.

This morning brought a pleasant surprise to Shiba Inu (SHIB) supporters as the meme coin has flipped Litecoin (LTC) in terms of market cap.

SHIB and LTC ranking (Source: CoinMarketCap)

The crypto market tracking website CoinMarketCap indicates that SHIB is currently trading hands at $0.00001151 after a 1.44% drop in price over the last day. The crypto was able to reach a high of $0.00001176 and a low of $0.00001138 over the same time period.

SHIB / Tether US 1D (Source: TradingView)

SHIB is, however, still up by just more than 1% over the last seven days. The meme coin did also weaken against Bitcoin (BTC) by about 1.21% while strengthening against Ethereum (ETH) by about 0.33%.

Also in the red zone is SHIB’s 24-hour trading volume which currently stands at $208,018,507 after a more than 24% decline. SHIB currently has a market cap of $6,325,825,740, which makes it the 13th biggest crypto in terms of market capitalization.

Litecoin / Tether US 1D (Source: Trading View)

LTC is also in the red for the day so far, and is worth about $87.36 after a 2.21% price drop over the last 24 hours. On the other hand, LTC is still in the green by more than 4% over the last week.

LTC’s other statistics are also mostly in the red as the altcoin has weakened against BTC and ETH by about 1.95% and 0.51% respectively over the last day. The crypto’s 24-hour trading volume is also down by more than 6% and now stands at $488,527,149. LTC is now the 14th biggest crypto with a market cap of $6,303,880,770.

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