Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October By Cointelegraph

admin October 27, 2021

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Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October

(SHIB) continued its march upward on Oct. 27, with its price hitting a record high of nearly $0.000060 before correcting lower.

SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000, according to data from Binance. The latest move upside pushed the token’s month-to-date (MTD) returns to approximately 726%, making it the fifth-highest grossing cryptocurrency entering the final quarter of 2021.

Top five cryptocurrencies ranked according to their October gains. Source: Messari

daily price chart. Source: TradingView

SHIB/USDT daily price chart featuring Dogecoin’s three phases. Source: TradingView

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Cointelegraph Dogecoin Inu October Price Rally SHIB Shiba Surpass