Here Are The Most Compared Altcoins To Shiba Inu

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

According to a recent article by X, CompareMarketCap has published 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 determine their prices when their market cap reaches that of Shiba Inu.

To put things into 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 has 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 CompareMarketCap’s price analysis shows that MOG’s price will increase by 13.14x to $0.000028 if it reaches Shiba Inu’s market cap. Additionally, prices of BOWL 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.

Besides Shiba Inu-related pairs, 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’s no surprise that Shiba Inu is ranked among the most compared pairs on CompareMarketCap. Shiba Inu’s success story lives rent-free in the hearts of many investors.

The asset, launched in 2020 with a large circulating supply of 1 quadrillion tokens, has become one of the leading cryptocurrencies worth billions of dollars.

To put this into context, the Shiba Inu rallied over 45,000,000% during the 2020/2021 bull market before reaching an all-time high of $0.00008845 on October 28, 2021.

At press time, the price of SHIB is down 79.97% from its all-time high. Nevertheless, investors are still comparing different tokens with SHIB to determine their prices if they reach the current valuation of SHIB.

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

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