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Leading dog-themed token Shiba Inu ranks among the crypto pairs that are the most compared on CompareMarketCap.
According to a recent X post, CompareMarketCap released a list of seven cryptocurrency pairs that are being compared on its platform. It is interesting to note that three out of the seven pairs relate to Shiba Inu.
now we are talking. things started to get interesting, here are the most compared pairs on https://t.co/kiMeAukuPP$WIF vs $DOGE$MOG vs $SHIB$BILLY vs $SHIB$BOBO vs $SHIB$APU vs $PEPE$GIGA vs $DOGE$MICHI vs $WIF pic.twitter.com/69RW6fB91z
— CompareMarketCap (@comparemcap) July 20, 2024
MOG, BILLY, and BOBO Compared with 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 caps reach that of Shiba Inu.
For context, Shiba Inu currently ranks as the second-biggest memecoin and the 13th-largest token in the global crypto ranking. At the time of writing, Shiba Inu boasts a market cap of $10.45 billion. However, none of the cryptocurrencies compared with Shiba Inu has 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’s price will surge 13.14x to $0.000028 if it hits Shiba Inu’s market cap. Furthermore, the prices of BILLY and BOBO will increase by 58.22x and 110.56x to hit $10.62 and $0.00015 if they attain Shiba Inu’s current market cap, respectively.
Besides Shiba Inu-related pairs, the other most 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 not surprising that Shiba Inu ranks as the most compared pair on CompareMarketCap. Shiba Inu’s success story lives rent-free in the hearts of many investors.
The asset, which launched in 2020 with a hefty circulating supply of 1 quadrillion tokens, has become one of the leading cryptocurrencies worth billions of dollars.
For context, Shiba Inu rallied over 45,000,000% in the 2020/2021 bull market before eventually hitting an all-time high of $0.00008845 on October 28, 2021.
At press time, SHIB’s price is down 79.97% from its all-time high price. Nonetheless, investors are still comparing different tokens with SHIB to ascertain their prices if they attain SHIB’s current valuation.