The 3 Most Popular Cryptocurrencies That Have Beaten the Shiba Inu
Rancakmedia.com – 3 popular cryptocurrencies that beat Shiba Inu last week, are they worth buying? While the Shiba Inu have been going through a rough patch and are starting to struggle in the last few days, other cryptocurrencies are only just recovering and ready to take off.
The Shiba Inu is without a doubt one of the most popular dog logo coins on the market. As a digital coin, the Shiba Inu has been earning tremendously over the previous 12 months.
At the time this post was published, it ranked as the No. 1 cryptocurrency. 11 based on market cap and statistics from Coinmarketcap.
However, entering November 2021, the Shiba Inu is currently experiencing a difficult period. Prices fell about 22 percent between October 30 and November 6. The decline stems from fears that the unidentified millionaire who owns 70 trillion Shiba Inu coins will sell most of the coins.
However, that fear did not make other digital currencies fall, because actually behind the Shiba Inu shake, there were 3 cryptos that actually jumped in price.
Here Are The 3 Most Popular Cryptocurrencies That Beat The Shiba Inu Last Week:
1.Crypto.com
Crypto.com Coin is the coin used by the Crypto.com chain. Crypto.com is considered the fastest growing crypto app. Currently Crypto.com has more than 10 million users. Interestingly actor Matt Damon who appears in Bourne Identity is now participating in Crypto.com adverts.
Crypto.com digital coin is also experiencing substantial growth as a result of the application's widespread popularity. Last week, CRO jumped about 58 percent. It currently ranks as the No. 1 cryptocurrency. 23 based on market capitalization.
Businesses that utilize Crypto.com's checkout and invoicing services give their customers the opportunity to pay with cryptocurrency. Payments are made in CRO, stablecoins or cash to these businesses instantly.
Since CRO is the native currency for Crypto.com, it's no surprise that many businesses choose it for their payments.
2. VeChain
After surging more than 23% the previous week, Vechain coin comfortably beat Shiba Inu as the top cryptocurrency. Coincidentally, the VeChain or VET coin also ranks No. 23rd among cryptocurrencies worldwide by market cap.
While VET is a rising star, the VeChain coin is much more than just a cryptocurrency. Enterprise blockchain technology is designed to solve today's problems. VeChain coin has even been certified by the China Association for Standardization.
A growing number of applications have been built on the VeChainThor public blockchain. They include a marketplace for non-exchangeable currencies, games, and a decentralized voting platform.
Recently, Chinese snack maker RECIPE teamed up with VeChain to provide food safety technology as a service enterprise based on VeChainThor.
3. Polka dots
Polkadot or DOT isn't far behind last week's VET with a nice increase of over 22 percent. Polkadot is ahead of all the other tokens listed, including Shiba Inu, by market cap. Polkadot is now listed as the No. 1 cryptocurrency. 8 in the world.
There's a simple reason for Polkadot's incredible success over the previous few days. After starting the process on November 4, the Polkadot project has set a parachain slot auction for November 22.
The death of the Shiba Inu doesn't just affect the Polkadot token. Other digital coins related to the Polkadot blockchain network are also surging. On Friday, Kusama was up more than 20%, while Enjin Coin was up more than 26%.
Conclusion
The Shiba Inu is without a doubt one of the most popular dog logo coins on the market. Prices fell about 22 percent between October 30 and November 6. The Vechain or VET coin comfortably beats Shiba Inu as the top cryptocurrency.
VeChain coin has even been certified by the China Association for Standardization. Polkadot is now listed as the No. 1 cryptocurrency. 8 in the world. Other digital coins associated with the network are also surging.