Shiba

2024

Internet Computer

Shiba Inu

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
In an unexpected turn of events for&nbsp;<a href="https://u.today/shib-team-teases-big-developments-and-game-changing-stuff-in-new-year" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> enthusiasts, the renowned token has encountered its first significant challenge of 2024. On Jan. 1, SHIB slipped to the 17th spot on the list of the largest cryptocurrencies by capitalization, losing its coveted 16th position to the surging Internet Computer token (ICP).
The twist in the tale lies not merely in SHIB's descent but in ICP's remarkable performance over the past four weeks. Often considered a "godforsaken" token by some, ICP has defied expectations, registering an impressive growth rate of over 185%. This surge catapulted ICP's capitalization to an impressive $6.1 billion, effectively displacing SHIB from its previous standing. <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="cb0217bf-625c-410e-85b7-1cd39d6fcf38" src="https://u.today/sites/default/files/inline-images/shihih.png">Source: <a href="https://coinmarketcap.com/currencies/internet-computer/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
While ICP soared to new heights throughout December, SHIB seemed to remain stagnant. The&nbsp;<a href="https://u.today/shiba-inu-shib-witnesses-mysterious-446-million-whale-activity" rel="noopener noreferrer nofollow">Shiba Inu</a> token's weekly performance exhibited a minimal spread, with a mere 3.5% difference between the closing and opening prices.
<h2 dir="ltr" id="2024-but-it-s-2021">2024, but it's 2021</h2>
The burning question on the minds of crypto enthusiasts is whether SHIB can stage a comeback and reclaim its former glory in the near future. However, the intrigue extends beyond this, with the dawn of 2024 witnessing a captivating face-off between two crypto market "stars" of 2021.
The clash between&nbsp;<a href="https://u.today/shiba-inu-shib-prints-2555-jump-in-burn-rate-will-price-follow" rel="noopener noreferrer nofollow">SHIB</a> and ICP raises questions about the resurgence of old narratives in the world of digital currencies. This sudden battle marks the commencement of what could be an interesting chapter in the crypto saga of 2024.

Shiba Inu Faces First Big Drama of 2024, Here's What SHIB Holders Should Know

目次

U_Today

2024年1月1日公開の他の記事

MATIC Price Gives A Retest Entry Chance, Should You Take It?

Anticipation for the First US Spot Bitcoin ETF Launch

Top Analyst Predicts New All-Time Highs for DeFi Altcoin, Says Layer-1 Coins Are Heating Up

BTCM Divests Bitcoin Mining Giant BTC.com for $5 Million

Ripple Releases 1 Billion XRP from Escrow Accounts

BTC Price Can Retest $37,000 In January Despite Bitcoin ETF Approval, Here’s Why

ニュースレターを購読して暗号資産の最新情報を毎日入手！