An Ethereum-based platform that attracted the attention of the crypto world at the beginning of 2021. meme coin (prank coin) in 2021 on cryptocurrency ranking site CoinMarketCap most viewed cryptocurrency it happened. The meme coin surprised by leaving behind two key crypto assets that dominate the market, Bitcoin and Ethereum.
Meme coin known for constant hard moves and big profits throughout 2021 Shiba Inu (SHIB), managed to become one of the best performing cryptocurrencies at the end of 2021. The meme coin, which received 188 million views on CoinMarketCap throughout 2021, has managed to become one of the mainstream crypto assets. While its closest rival Bitcoin received 145 million views, Dogecoin was far behind with 107 million views. Ethereum and Cardano are in fourth and fifth place with 86 million and 81 million views, respectively.
Regardless of ranking, here’s what #CoinMarketCap users ended up viewing the most this year! 🔝 🔥 #CoinMarketCapUnwrapped pic.twitter.com/CDP1ZXv5jI
— CoinMarketCap (@CoinMarketCap) December 24, 2021
More than 1.4 million CoinMarketCap users have added Shiba Inu to their watchlists.
CoinMarketCap, which was acquired by crypto giant Binance in April 2020, has a staggering 340 million monthly views, according to digital intelligence provider Similarweb.
Shiba Inu is now listed on almost all major exchanges, including Coinbase, Bitfinex, Kraken and Gemini. Bitstamp, Europe’s number one exchange, will support SHIB in 2022 after delaying listing due to technical difficulties.
According to data provided by local exchanges, Dogecoin rival SHIB was among the most traded cryptocurrencies in India.
Although SHIB is down 56.57% from its peak, its popularity shows no signs of waning. SHIB has reached over $1 billion in trading volume in the last 24 hours.
The ERC-20 token remains the 13th cryptocurrency by market cap, with Polygon (MATIC) quite close to the 14th place.
In late October, the Shiba Inu hit the top 10 at the height of the frenzy and managed to surpass Dogecoin shortly after.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.