SHIB’s market cap grows $1.7 billion in a week as bullish meme coin sentiment rises

SHIB’s market cap grows $1.7 billion in a week as bullish meme coin sentiment rises

Although the substantial price increases in the cryptocurrency sector since the year’s turn have started to slow down, Shiba Inu (SHIB) is still recording powerful advances on its charts, positioning it as the leader in daily market gains among all cryptocurrencies.
Indeed, Shiba Inu was at press time changing hands at the price of $0.00001209, recording an impressive increase of 15.17% across the past 24 hours, and assuming the first place among all digital assets by this indicator, according to the data retrieved from crypto tracking platform CoinMarketCap on January 18.
As it happens, SHIB is closely followed by Casper (CSPR) in second place with daily gains of 12.31% (currently trading at $0.03899) and Internet Computer (ICP), which has advanced 7.03% in the previous 24 hours (now trading at $5.45).
Top cryptocurrencies by daily market gains. Source: CoinMarketCap
The current price of the decentralized finance (DeFi) dog meme token demonstrates an increase of 34.90% over the prev

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