Amid intense Rally #SHIB overshadows #Tron
According to data from #CoinMarketCap, SHIB’s price is on a dramatic 44% increase exceeding Tron (TRX).
SHIB currency has already surpassed Tron and moved up to position 13.
#Shiba Inu is currently closing in on Dai (#DAI), a stablecoin that has had a rebound since the early May crash of rival #TerraUSD.
According to data from #CoinMarketCap, SHIB’s price is on a dramatic 44% increase exceeding Tron (TRX).
SHIB currency has already surpassed Tron and moved up to position 13.
#Shiba Inu is currently closing in on Dai (#DAI), a stablecoin that has had a rebound since the early May crash of rival #TerraUSD.
The market cap of #stablecoins is ~$130B, making up 8.24% of the total #crypto market. Leading the pack: Tether (#USDT) with a massive $91.04B market cap, USD Coin (#USDC) at $24.87B, and Dai (#DAI) at $5.35B.
Resilient against #market volatility, stablecoins have maintained their pegs amidst increased regulatory scrutiny and a shift towards #decentralized models.
These top stablecoins dominate the market by share, highlighting their significant role in the #cryptocurrency world.
Resilient against #market volatility, stablecoins have maintained their pegs amidst increased regulatory scrutiny and a shift towards #decentralized models.
These top stablecoins dominate the market by share, highlighting their significant role in the #cryptocurrency world.