Meme cryptocurrencies Shiba Inu (SHIB) and Dogecoin (DOGE) is taking the major hit from the general market correction, seeing its market cap drop below $30 billion.
More so, this means that DOGE and SHIB are no longer among the top 10 cryptocurrencies by market capitalization.
Notably, Shiba Inu suffers approximately 6% loss of its value in the 24 hours. That’s, after touching an all-time high market cap of $3 trillion. More so, the past 24 hours, now has a market capitalization of $24 billion, making it the world’s 12 largest digital asset.
Meanwhile, Dogecoin records 4% loss during the same period, with current market cap at around $29 billion. Generally, the digital assets records almost $500 billion loss worth of market cap.
Also, aside Shiba Inu and Dogecoin, other leading cryptocurrency assets, like Bitcoin (BTC), Ethereum (ETH). Also, Binance Coin (BNB), Solana (SOL), and Cardano (ADA). So, they all are down by over 10% in the past seven days.
Notwithstanding, DOGE and Shiba INU are still among the best performing cryptocurrencies in 2021.
Galaxy Interactive Rises Additional $325M Fund For Metaverse and Next Gen…>>
Related Posts – Bank DBS’s Crypto Business Grows Massively Due To Growing Demand From Investors
Galaxy Interactive Rises Additional $325M Fund For Metaverse and Next Gen…>>
