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Shiba Inu Ranked Among The Top Ten Digital Assets To Invest In According To Forbes

source-logo  cryptonews.net 11 March 2024 11:45, UTC

Forbes magazine recently published a list of the top 10 cryptocurrencies worthy of investment in March 2024. The list ranked digital assets based on their market valuation, with Bitcoin and Ethereum leading the way. Shiba Inu made the list because Forbes’ advisors consider the asset worthy of investment despite its meme-inspired origins. Forbes’ advisors highlighted that Shiba Inu’s market capitalization as of March 5, 2024 was $24.4 billion, and the price was more than $0.00004.

On March 5, SHIB recovered to $0.00004534 after rising 378.11% in less than eight days from a low of $0.000009483. The price of Shiba Inu has noticeably pulled back from its peak on March 5th. At the time of writing, SHIB is trading at $0.00003222 after falling 8.42% over the past 24 hours, reflecting the broader bearish trend in the market.

Forbes has also identified several other assets that are considered worthy of investment in the growing bull market. These include XRP, BNB, Solana (SOL) and Cardano (ADA). Additionally, Forbes highlighted the stablecoins USDT and USDC as suitable investments for investors who are cautious of extreme market volatility.

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