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Shiba Inu Surpasses Tron (TRX), Rising 14% Weekly

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According to CoinMarketCap data, Shiba Inu (SHIB) currently outperforms Tron (TRX) in terms of market cap. With a current market valuation of $6.66 billion, Shiba Inu is now the 15th largest cryptocurrency, ahead of Tron’s $6.33 billion market cap. The Shiba Inu has recently gained momentum after a positive influx into its ecosystem.

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In positive news, Shiba Inu has announced a collaboration with world-class visualization studio The Third Floor (TTF) to develop and build the SHIB.io The Metaverse Project. TTF is the largest visualization company helping to create famous IP addresses for video games, VR/AR and location-based entertainment.

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The community is also looking forward to announcements about the Shiba Inu ecosystem. On July 20, the Shiba Inu team posted a teaser video on their official Twitter account showing a cloud shower.

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At press time, SHIB was changing hands at $0.000012, up 2.43% over the past 24 hours and up nearly 14% from last week.

The Shiba Inu is currently consolidating in a range after hitting a high of $0.0000131 on July 20. According to WhaleStats, the Shiba Inu is facing buying pressure from whales and is among the top 10 most bought tokens among the top 2000 ETH whales in the last 24 hours.

Jeripay can now accept Shiba Inu as payment

Adoption of Shiba Inu, LEASH and BONE is now possible after FCF paymentcooperation with Jeripay. Through this collaboration with FCF Pay, local fintech company Jeripay POS will be able to accept payments in cryptocurrencies.

Earlier in July, Canadian crypto payment platform FCF Pay announced the listing of the complete set of Shiba Inu Trifecta: Shib, Bone and Leash, making them available as payment options for merchants using its platform.





Credit : u.today

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