Shiba Inu ranks among most viewed crypto assets: CoinMarketCap Q1 report
CoinMarketCap Q1 2023 Report ranked Shiba Inu among the most viewed cryptocurrencies on the platform, behind Bitcoin (BTC) and Baby Doge Coin (BABYDOGE).
this report Recent price volatility suggests that investors around the world are watching the memecoin.
The popularity of Shiba Inu approaches Bitcoin
According to reports, the Shiba Inu’s popularity has skyrocketed across different continents, including North America, South America, Asia, Africa, Oceania, and Europe. Memecoin earned him over 12.5% views among those living on these continents, excluding Europe — just 11.56%.
Meanwhile, North America is a bustling hub for SHIB, with 20.39% views among crypto traders in the region.
However, BTC tops the list, being the most watched and highly viewed across different continents. In South America, BTC has the least views with 36.78% of him, followed by Shiba Inu followed by Baby Doge Coin.
CoinMarketCap also found that over 1.84 million users have added Shiba Inu to their watchlists to track coin movements in real time. This is up from his 1.809 million users in December 2022.
SHIB prices rise amid surge in ecosystem activity
The Shiba Inu community witnessed a rapid increase in activity in March, especially after the launch of Puppynet, Sibarium’s testnet.
Since its launch on March 11th, the Shibarium Puppynet has seen a steady increase in adoption and tremendous support from the dog community. puppy scan data show The Puppynet has recorded over 100,000 wallets and over 800,000 transactions.
According to data from CoinMarketCap, price of shiba inu Increased by 5.30% in the last 24 hours. At the time of writing, SHIB is trading at $0.00001141, with a seven-day price increase of 11.52% and a 175.83% increase in trading volume.
Shiba Inu ranked one of the most viewed cryptocurrencies post: The CoinMarketCap Q1 report first appeared on CryptoSlate.
