Shiba Inu Beats Out Cardano, Dogecoin On Top 10 Watch-Listed Tokens

Shiba Inu has not been doing very well recently in the market, but that has not stopped the meme coin from being a favorite in the market. Investors had poured into the coin following its rallying to a new all-time high in October and have since maintained support for it. SHIB had lost its footing at this high price, dragging it out of the crypto top 10. However, the meme coin remains one of the most popular crypto coins in the market. The watch-list on CoinMarketCap is a feature that allows investors to choose the assets they want to keep an eye on as the market evolves. The top watch-listed assets on this list usually do not fluctuate much. But Shiba Inu has shaken up things recently. SHIB not only made it into the top 10 but has beaten out some of its top rivals on the list. Shiba Inu (SHIB) Takes 3rd Place As Shiba Inu got kicked out of the top 10 cryptocurrencies by market cap, presently occupying 11th place, it has set up shop as a top contender in another top 10 list. For the top 10 most watch-listed coins on CoinMarketCap, SHIB made 3rd place on the list. It came behind Bitcoin and Ethereum which occupied 1st and 2nd positions respectively. Related Reading | How Bitcoin Has Performed Compared To Top Stocks Shiba Inu’s returns have made it a beloved crypto in the community, thus being 3rd place on this list does not come as a surprise. The highly volatile nature of dog-themed cryptocurrencies makes it so that inves...