Shiba Inu was the most discussed cryptocurrency in the world in October and took the top spot leaving Bitcoin and Ethereum distantly behind.
A recent data released by ICO Analytics show Shiba Inu leading the charts with 22%, while Ethereum is distantly far with 8.1%. Bitcoin came at the third position with only 7.2%.
SHIB is undoubtedly the king of the ring in the crypto market and its dominance is here to stay for a longer period of time.
ICO Analytics took to Twitter with a detailed report and tweeted, ”Top 20 most discussed cryptocurrencies on Twitter in October 2021. In the chart below you can find a share of mentions of each coin among top 150 coins by mcap.”
The list of the top 20 most discussed cryptocurrencies are- Shiba Inu, ethereum, Bitcoin, Dogecoin, Safemoon, Solana, Cardano, Binance, Move, PolkaDot, Ripple, Dogelon Mars, Luna, Fantom, Tether, Matic, Cake $egld $avax $link
The chart shows Dogecoin has slumped to the position with 4.8% and Safemoon at the 5th spot with 4.6%. Also, AVAX and LINK takes the last two spots of 19 and 20 with 1.1% each respectively. Surprisingly, even Dogelon Mars (ELON) has made it to the list and is seated at position 12 with 1.6%.
Dogelon Mars (ELON) is also attracting new and first-time investors into its fold and the price shot up +11.3% today. The token is currently trading at $0.00000205 with an impressive jump of +1420.8% in the last 30-trading days.
Shiba Inu: The Rising Star
If there’s one crypto that shined the brightest in 2021, it has to be Shiba Inu, hands down! The coin took over the top cryptos in the market and chalked a path of its own. The coin has basked in the limelight all throughout the year indicating that it has a bright future ahead.
Investors who put their money in SHIB in 2020, reaped enormous profits after October, 2021. The coin shot up +900% in a months time giving unimaginable amount of profits.
Shiba Inu at the time of publishing was trading at $0.00005780 and is down -1.39% in the 24-hours day trade. The coin has a market cap of $29 billion and its 24-hours trading volume is $3.5 billion.