SHIB Flips AVAX, ADA Right Ahead

During the last 24 hours, it has printed a more than 11% price increase and has seen its market capitalization value soar by 9.3%.

Shiba Inu (SHIB) has managed to leave behind Avalanche (AVAX) and ADA in terms of market capitalization.

Now the 12th biggest cryptocurrency by this parameter, SHIB is closing in on Cardano’s token.

Lucie, the Shiba Inu marketing lead, has commented on the meme coin’s success.

Shiba Inu (SHIB) has seen another day of impressive gains, adding 11.02% to its price and bringing its market capitalization to $11.02 billion. This surge has seen SHIB flip both AVAX and ADA in terms of market capitalization.

Now the 12th biggest cryptocurrency by this parameter, SHIB is closing in on Cardano’s token.

SHIB Price Surges, Flipping AVAX, ADA

As reported by U.Today earlier this week, SHIB managed to flip TRX and BNB in terms of market capitalization.

Now the meme coin has continued its rally, leaving behind two more major cryptocurrencies.

According to CoinMarketCap, SHIB is now up by more than 11% over the past 24 hours.

At the same time, ADA has only added 0.07%, while AVAX has dropped by 1.22%.

Shiba Inu Marketing Lead Comments on Meme Coin Success

Lucie, the Shiba Inu marketing lead, has commented on the meme coin’s success.

She has highlighted that meme coins "“aren’t meant to be serious investments” and should instead be treated as lottery tickets and bet on for entertainment purposes.

According to her, winning on them should be considered a surprise, and losing on them must not lead to disappointment.

“If you get this perspective, you’re on the right track in crypto,” Lucie concluded her message.

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