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Chiba at the top of the market and closes the gap with DOGE

SHIB topped DAI’s stablecoin on CoinMarketCap’s crypto rating by market cap.

The price has arrived SHIB In thirteenth place with a capital of 7.21 billion dollars, adding more than 6.3% of last week’s value. At present, SHIB is $ 1.3 billion less than its main competitor, DOGE, which is in 11th place.

As mentioned Chance Previously, U.Today, the Shebain coin had every chance of overtaking DOGE in the near future in the wake of strong news, regular SHIB purchases by whales, and more positive price action. All this gives him the opportunity to bypass the DUKE, which in turn has not been warned at all lately.

Potential support for SHIB’s march to defeat the DOGE could come from the launch of Shibarium, a level 2 protocol from the Shiba Inu team. The solution will increase the utilization rate of SHIB and other ecosystem currencies such as BONE and TREAT.

SHIB عملة Revision of the price of coins

SHIB’s price is still in the $ 0.00014 to $ 0.00017 price range, which formed four months ago during the massive downturn in the entire cryptocurrency market.

The last two times, at the end of August and the end of the first week of September, the Shiba Inu managed to stay near the lower limit of this range and not slide below the resistance level.

And if positivity prevails in the market, which is not even linked to the movement of the main cryptocurrency, SHIB has every chance of showing growth ahead of DOGE.

Source: U.TODAY

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