tldrdailynews.com logo

Shiba Inu (SHIB) Surges in Market Cap and Volume, Lead Dev Calls for Action.

1 min read
Source: BeInCrypto
Shiba Inu (SHIB) Surges in Market Cap and Volume, Lead Dev Calls for Action.
Photo: BeInCrypto
TL;DR

Shiba Inu's market cap has surpassed that of Binance USD stablecoin, reaching $6.81 billion, while BUSD's market cap plunged to $6.68 billion. The rise in SHIB's market cap is due to the recent milestones for the community, including the launch of its layer-2 network Shibarium and increased SHIB burn rate. Meanwhile, BUSD's supply has declined by roughly $10 billion since Paxos announced it would stop minting new tokens, leading to its delisting by Coinbase and loss of special privileges by Binance.

Topics:businesscryptocurrency#busd#cryptocurrency#market-cap#shiba-inu#shibarium
Share this article
  1. Shiba Inu (SHIB) Overtakes Binance USD (BUSD)  BeInCrypto
  2. Shiba Inu Spikes On 60% Spurt In Volume — Here's What's Driving The Meme Coin Higher  Benzinga
  3. 234 Million Shiba Inu (SHIB) Tokens Burned as Network Maintains High Load  U.Today
  4. Shiba Inu Price Prediction As SHIB Overtakes Binance USD in Market Cap - Can SHIB Reach $1?  Cryptonews
  5. Shiba Inu: Lead dev calls for this action to massively increase SHIB  Crypto News Flash

Want the full story? Read the original reporting

Read on BeInCrypto