Altcoins

Here are the most compared altcoins with Shiba Inu

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Leading dog-themed token Shiba Inu ranks among the most compared cryptocurrency pairs on CompareMarketCap.

According to a recent post by X, CompareMarketCap has released a list of seven cryptocurrency pairs that are compared on its platform. Interestingly, three of the seven pairs involve the Shiba Inu.

MOG, BILLY and BOBO compared to SHIB

According to the data, CompareMarketCap users compared three memecoins, Mog Coin (MOG), Billy (BILLY), and Bobo Coin (BOBO), with SHIB to ascertain their prices when their market cap reaches that of Shiba Inu.

For context, Shiba Inu is currently ranked as the second largest memecoin and the 13th largest token in the global cryptocurrency rankings. At the time of writing, Shiba Inu boasts a market cap of $10.45 billion. However, none of the cryptocurrencies compared to Shiba Inu have a market cap of up to $1 billion.

Specifically, MOG, BILLY, and BOBO are valued at $793.66 million, $180.81 million, and $90.39 million, respectively.

Data from CompareMarketCap shows that MOG price will rise 13.14 times to $0.000028 if it reaches Shiba Inu’s market cap. Additionally, the prices of BILLY and BOBO will do it increase of 58.22x and 110.56x to reach $10.62 and $0.00015 respectively if they reach Shiba Inu’s current market cap.

In addition to Shiba Inu related pairs, other most frequently compared assets on CompareMarketCap include WIF vs. DOGE, APU vs. PEPE, GIGA vs. DOGE, and MICHI vs. WIF.

Investors remain inspired by SHIB

It is no surprise that the Shiba Inu is ranked as the most compared pair on CompareMarketCap. The success story of the Shiba Inu lives rent-free in the hearts of many investors.

The asset, launched in 2020 with a massive circulating supply of 1 quadrillion tokens, has become a major cryptocurrency worth billions of dollars.

For context, the Shiba Inu rallied over 45,000,000% in the 2020/2021 bull market before hitting an all-time high of $0.00008845 on October 28, 2021.

At press time, the price of SHIB has dropped 79.97% from its all-time high price. However, investors are still comparing different tokens with SHIB to ascertain their prices if they reach the current valuation of SHIB.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the personal views of the author and do not reflect the views of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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