Switching positions in the crypto top 10 during the past 24 hours, Shiba Inu (SHIB) has finally taken Dogecoin (DOGE) position as one of the largest cryptocurrencies by market cap. Related Reading | Shiba Inu (SHIB) Jumps 50% To ATH Amid Robinhood Rumors As of press time, SHIB trades at $ 0,000068 with a 44% and 144% rally in the daily and weekly charts, respectively. In the 30 days chart, the token records a massive 865% profit. The token was launched as a competitor to DOGE, but with its own team and community. Their collective efforts have managed to bring SHIB to this point, as it continues to gain more popularity. The token has gone from being a meme coin dumped by the creator of Ethereum Vitalik Buterin to representing the spirit of retail investors looking to create their own opportunities. With millions in profits in the 1-year chart, SHIB could easily be crowned as the king of meme coins. Pseudonym trader IncomeSharks has been tracking the price of this token. Despite its massive rally, the cryptocurrency could be approaching a selling zone as the euphoria mania around comes to an end. As seen below, IncomeSharks compared SHIB and DOGE’s performance and concluded that there are “identical” market conditions and human behavior. $SHIB – Identical human behavior and market conditions to $DOGE (even if it's better). – Long accumulation– Massive breakout (millionaires are made)– Retail want...
