After her recent rebound, Shiba Inu (Shib) on the theme of dogs made massive progress in the wider cryptography ecosystem. In the middle of the general upward wave on the cryptography market, SHIB recorded significant gains, from a minimum of 0.00001476 to more than $ 0.0000,15.
Shiba Inu records the momentum in the form of volume and market capitalization
According to CoinmarketCap dataSHIB increased to $ 0.00001594, marking a 3.13% increase in the last 24 hours. The same part reached $ 0.0000,1607 while the volume of transactions climbed before seeing correctional services.
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Investors remain active, which increases the volume of negotiation by 3.71% to 595.15 million dollars. This suggests a renewed interest on the part of SHIB holders on the market.
Increased activity supported a peak in the total market capitalization of SHIB. Shib now has a market capitalization of $ 9.3 billion, a development that helped him switch Hedera from the 15th position to 16th. Hedera’s market capitalization is $ 8.79 billion.
If Shib supports his bullish momentum, he could take Stellar (XLM), the main rival of XRP. In particular, XLM currently has a market capitalization of $ 9.404 billion. Shib is approximately $ 100 million in catching XLM.
However, this is based on the hypothesis that Shib and XLM will continue their current growth trajectories. At the time of the press, XLM maintained price growth of 0.25% against 3.13% of Shib.
May's historical performance supports Shib to Flip XLM
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If history is repeated, Shib appears equal to the XLM reversal. Several factors suggest that this is possible, including the current increase in trading volume, bullish rallies and historical data.
The same part has an average growth of 61% in May and could lose another zero of its price. If SHIB succeeds, he could become the classified asset of the 14th by market capitalization or even better.
This would require support for ecosystems, in particular long -term faithful holders who represent 78% of the community.
