- Shiba Inu's Victory in Grayscale Report
- Shiba Inu's Rise Amid New Achievements
- Record Increase in Shiba Inu's Value
Shiba Inu has shown impressive growth in the cryptocurrency market, surpassing major coins like Bitcoin and Ethereum.
Shiba Inu's Victory in Grayscale Report
Shiba Inu was highlighted in an asset management company's Grayscale weekly report as the top-performing cryptocurrency. The report, tweeted by Grayscale, noted that SHIB outpaced Cardano, Dogecoin, Solana, Ethereum, Binance Coin, Bitcoin, Toncoin, Tron, and XRP in weekly gains.
Shiba Inu's Rise Amid New Achievements
One of the catalysts for the increase was the announcement of Shiba Inu Total Value Locked (TVL) reaching a new all-time high of $3.64 million in just one week after K9 Finance launched its Bonecrusher app on Shibarium.
Record Increase in Shiba Inu's Value
The second-largest dog-themed cryptocurrency, Shiba Inu, surged by 42.51% since Thursday, which coincided with a burn rate increase of 33,818%, with a total of 1,884,288,401 SHIB burned.
Shiba Inu continues to surprise the crypto community with its achievements, demonstrating steady growth and support from developers.
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