In the past 12 months, Shiba Inu has received more than 188 million views. On the other hand, Bitcoin, the world’s most popular cryptocurrency, ranks second with 145 million views — about 43 million more than Shiba Inu — in the same period, according to cryptocurrency tracking website CoinMarketCap. Shiba Inu is a spin-off of an existing meme coin – Dogecoin, which gained its own fame in 2021. Interestingly, Dogecoin was ranked number 3 in the list with 107 million views.
They were followed by Cardano and Ethereum, in fourth and fifth place, with 86 million views and 81 million views respectively.
On Christmas Day, CoinMarketCap shared the rankings on its official Twitter handle. The caption of the post: “Regardless of rank, this is what CoinMarketCap users have viewed the most this year!”
Regardless of the ranking, here’s what: #CoinMarketCap users viewed the most this year! ???? ???? #CoinMarketCapUnwrappedpic.twitter.com/CDP1ZXv5jI
— CoinMarketCap (@CoinMarketCap) Dec 24, 2021
Although Shiba Inu is only 15 months old, it is currently the 13th largest cryptocurrency in the world with a market cap of over $18 billion. In October, the cryptocurrency was up more than 133 percent within four days, reaching an all-time high of $0.000088.
Over time, it has continued to gain favor with investors and crypto exchanges and other entities.
In the past, Shiba Inu followers have hyped the meme coin with hashtags such as “SHIBARMY”, “ShibaSwap”, “shibainu”, “shibainucoin”, among others.
Then, in November, cryptocurrency exchange Kraken had tweeted that list Shiba Inu on its trading platform when the tweet got more than 2,000 likes.
????♥️????♥️????♥️????♥️????@brinchoffman said if we get 2,000 likes we will make a list $SHIB tomorrow – but he thinks we can’t.#SHIBArmy where are you?
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???? ???? ️— Kraken Exchange (@krakenfx) Nov 1, 2021
Another factor that may have made this digital asset popular could be the rumors circulating in the cryptocurrency world that Shiba Inu is likely to be listed on the popular stock trading app, Robinhood. These rumors were picked up in October. Shiba Inu has already been listed in Coinbase, another popular cryptocurrency trading platform, and Public, a retail app that rivals Robinhood.