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How does the volume of Shiba Inu Coin compare to other cryptocurrencies?

avatarSayant SunilDec 16, 2021 · 3 years ago3 answers

Can you provide a detailed comparison of the trading volume of Shiba Inu Coin with other cryptocurrencies? How does it rank in terms of volume? Is it higher or lower compared to popular cryptocurrencies like Bitcoin and Ethereum?

How does the volume of Shiba Inu Coin compare to other cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Shiba Inu Coin has gained significant attention in the crypto market, but when it comes to trading volume, it is still relatively lower compared to established cryptocurrencies like Bitcoin and Ethereum. While Shiba Inu Coin has seen a surge in popularity, its trading volume is not yet on par with the top cryptocurrencies.
  • avatarDec 16, 2021 · 3 years ago
    In terms of trading volume, Shiba Inu Coin may not be able to compete with the giants of the crypto world like Bitcoin and Ethereum. However, it's important to note that trading volume alone doesn't determine the success or potential of a cryptocurrency. Shiba Inu Coin has its own unique features and community, which contribute to its overall value and appeal.
  • avatarDec 16, 2021 · 3 years ago
    According to data from BYDFi, a reputable cryptocurrency exchange, the trading volume of Shiba Inu Coin has been steadily increasing over time. While it may not reach the same level as Bitcoin or Ethereum, it has shown promising growth. It's worth keeping an eye on Shiba Inu Coin as its trading volume continues to evolve.