{"id":11413,"date":"2024-11-11T07:25:13","date_gmt":"2024-11-11T07:25:13","guid":{"rendered":"https:\/\/cryptd.in\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\/"},"modified":"2024-11-11T07:25:13","modified_gmt":"2024-11-11T07:25:13","slug":"shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge","status":"publish","type":"post","link":"https:\/\/cryptd.in\/it\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\/","title":{"rendered":"Shiba Inu Enters Top 10 by Surpassing TRX, TON Following Weekend Surge"},"content":{"rendered":"<p>Over the weekend, Shiba Inu (SHIB) pushed its way up the list of the largest cryptocurrencies by market capitalization, leapfrogging both Tron (TRX) and Toncoin (TON).<\/p>\n<p>The climb followed a positive performance over the past week, during which the dog-themed meme coin\u2019s price surged by more than 70% at one point.<\/p>\n<h2>SHIB Price Up 12%<\/h2>\n<p>On November 10, data from various crypto price tracking websites, including CoinGecko and CoinMarketCap, showed that SHIB was among the top 3 best performers in the market. That day, it gained 25%, briefly going past $0.000027. It resulted in a multi-month peak that drove the coin\u2019s market value to more than $14 billion.<\/p>\n<p>At the time of this writing, SHIB was priced at $0.00002516, a 12.5% improvement in the last 24 hours and a 48.7% jump across seven days. It hugely outperformed the global crypto market, which had gone up by more than 21% over the previous seven days.<\/p>\n<p>The latest gains have lifted the second-most valuable meme token above the $0.0002169 level, where it had been held since June. Analysts suggest it might break even higher if it sustains the current momentum.<\/p>\n<p>While still more than 70% below its all-time high (ATH) achieved on October 28, 2021, SHIB is a remarkable 44021689.3% higher than its lowest-ever price, recorded four years ago in November 2020.<\/p>\n<p>Further, its current $14.77 billion market cap puts it nearly $600 million higher than Tron and about $1.4 billion higher than Toncoin. While TRX is up a modest 0.7%, TON has dipped 2.7% in the last day.<\/p>\n<h2>Uptick in Broader Crypto Market<\/h2>\n<p>As <em>Criptopatate <\/em><a href=\"https:\/\/cryptopotato.com\/why-has-shiba-inus-shib-price-skyrocketed-by-25-today\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">reported<\/a>, the meme coin\u2019s run coincided with Donald Trump\u2019s resounding victory in the just-concluded U.S. presidential vote. During his campaigns, the President-elect styled himself as a pro-crypto candidate, and his win is viewed by many as a new dawn for the industry.<\/p>\n<p>His win caused a surge in prices across the broader crypto market, with Bitcoin (BTC) severally <a href=\"https:\/\/cryptopotato.com\/bitcoin-in-euphoria-zone-hits-ath-of-81800-after-14000-weekly-gain\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">breaking<\/a> its all-time high price in quick succession.<\/p>\n<p>There has also been a meme coin resurgence, with <a href=\"https:\/\/cryptopotato.com\/dogecoin-doge-rallies-12-to-3-year-high-amid-face-melting-price-predictions\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Dogecoin<\/a> (DOGE) leading the charge. Valued at more than $41 billion, DOGE is now the sixth largest cryptocurrency by market capitalization after supplanting the USD Coin (USDC).<\/p>\n<p>For its part, SHIB is currently ranked #10 (on CMC), following a late <a href=\"https:\/\/cryptopotato.com\/cardano-ada-soars-30-daily-as-founder-charles-hoskinson-makes-big-announcement\/\" data-wpel-link=\"internal\">rally<\/a> by Cardano (ADA), whose $20.5 billion valuation places it at #9. Its pseudonymous lead developer, Shytoshi Kusama, chalked down SHIB\u2019s skyrocketing prices to the \u201cpower of technologies and innovative thinking,\u201d which they said had led the project through the bear market.<\/p>\n<p>Il post <a href=\"https:\/\/cryptopotato.com\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\/\" rel=\"nofollow\">Shiba Inu Enters Top 10 by Surpassing TRX, TON Following Weekend Surge<\/a> \u00e8 apparso per la prima volta su <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">Criptopatate<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Over the weekend, Shiba Inu (SHIB) pushed its way up the list of the largest cryptocurrencies by market capitalization, leapfrogging both Tron (TRX) and Toncoin (TON). The climb followed a positive performance over the past week, during which the dog-themed meme coin\u2019s price surged by more than 70% at one point. SHIB Price Up 12% [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":11414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shiba Inu Enters Top 10 by Surpassing TRX, TON Following Weekend Surge - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/it\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu Enters Top 10 by Surpassing TRX, TON Following Weekend Surge - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Over the weekend, Shiba Inu (SHIB) pushed its way up the list of the largest cryptocurrencies by market capitalization, leapfrogging both Tron (TRX) and Toncoin (TON). The climb followed a positive performance over the past week, during which the dog-themed meme coin\u2019s price surged by more than 70% at one point. SHIB Price Up 12% [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptd.in\/it\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\/\" \/>\n<meta property=\"og:site_name\" content=\"cryptd.in\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-11T07:25:13+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Shiba Inu Enters Top 10 by Surpassing TRX, TON Following Weekend Surge\",\"datePublished\":\"2024-11-11T07:25:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\\\/\"},\"wordCount\":428,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Shiba_Inu1-FdeLCd.jpg\",\"articleSection\":[\"Feeds\"],\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/shiba-inu-enters-top-10-by-surpassing-trx-ton-following-weekend-surge\\\/\",\"name\":\"Shiba Inu Enters Top 10 by Surpassing TRX, TON Following Weekend Surge - 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