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During this year, the Shiba Inu token has become a leader in several indicators

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The popular meme token Shiba Inu (SHIB) made a significant gain this year. According to CoinGecko, it is currently ranked 11th with a trading volume of $ 4.1 billion 24 hours.

In addition, since its inception, the Shiba Inu has ranked first among the most valuable coins of the year. Crypto analytic John Ehrlichman shared a tweet in which he quoted altcoin statistics for the year from November 2020 to November 2021.

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Based on $ 1,000 invested a year ago, Shiba Inu leads with a profit of $ 740,259,740, followed by Axie Infinity with $ 1,082,920.

According to WhaleStats, SHIB has become the largest ERC-20 token in terms of availability in the 1,000 largest ETH wallets. Specifically, it is deposited at 17.44% of addresses worth $ 2 billion. These numbers allowed SHIB to outperform assets such as CRO, OKB and BEST.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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