Shiba Inu has the strongest meme coin community, who’s second?

TL; DR

Shiba Inu Social Media Leadership: Shiba Inu (SHIB) has the highest social media engagement among memecoins, with nearly 24,000 posts and over 85 million interactions. The Rise of Bonk Inu: Bonk Inu (BONK) has seen a whopping 400% rise in 30 days, highlighting the volatile nature of memecoins. Shibarium's Impact on SHIB: The Shiba Inu Shibarium Network has hit major milestones, contributing to SHIB's recent modest price growth.

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The Shiba Inu is first in this category.

In addition to its massive price gains over the past several months, Shiba Inu (SHIB) has recently made headlines for another reason. as a Estimate With social media analytics tool LunarCrush, the token has a very devoted community.

According to statistics updated on December 12, there were nearly 24,000 posts (across all social media platforms) involving Shiba Inn. In addition, it surpassed 85 million in social-based engagements, including likes, retweets, posts and upvotes.

Dogecoin (DOGE) – the largest memecoin by market capitalization – is ranked second, with 22,300 posts and nearly 50 million interactions on social channels. Pepe Coin (PEPE) and Floki Inu (FLOKI) are third and fourth respectively, while recent sentiment in the crypto market has pushed Bonk Inu (BONK) to the top five.

The Solana memecoin started its amazing rally at the beginning of last month, exploding by a whopping 400% on a 30-day basis and reaching an all-time high on December 9. Like CryptoPotato recently reportedThe market capitalization of BONK in a short period of time passed the mark of 800 million dollars, making its assets the third largest in the entire memecoin territory.

It is worth noting that such assets are often subject to trends and may experience rapid price changes in both directions. While they offer investors the chance to make huge profits, they can also hide devastating losses. You can watch the video below for a deeper dive and our overview of the biggest memecoins, their objectives and specifications.

Recent achievements of the Shiba Inu

The second largest memecoin by market cap has recently grabbed the headlines thanks to its Layer-2 scaling solution, Shibarium. The network It has passed Two major events in the past few days, totaling over 2 million blocks and transactions exceeding 90 million.

Shibarium aims to set Shiba Inu ahead of its competitors by reducing fees and improving speed. Hence, further growth is considered as the main factor that could lead to SHIB's price rally. The token has grown by just 3% in the past seven days and 17% in two weeks.

Those who want to know more about the inception and main functions of Shibarium can watch the clip below.