SHIB outshines major altcoins, including ADA and XRP
Despite the prevailing turmoil in the crypto market, one cryptocurrency has unexpectedly managed to steal the spotlight: Shiba Inu ., SHIB notched up a 5.6% increase in the past 24 hours, in stark contrast to ADA's marginal decrease of 0.1% and XRP's moderate uptick of 2.5%.
Bitcoin and Ethereum noted minor daily advances of 0.2% and 0.3% respectively. Meanwhile, Binance Coin and Dogecoin also showed promising daily increases of 0.9% and 1.4%. Despite these gains, all fell short of SHIB's daily performance. Further comparison reveals that Solana and Tron posted daily gains of 0.3% and 0.2%, while Polygon remained steady with no change.The weekly performance paints a similar picture. SHIB's weekly increase of 9.4% stands out against ADA's barely-there growth of 0.2% and XRP's decline of 4.2%. Other altcoins like BNB and DOGE recorded weekly gains of 4.6% and 1.8% respectively but still fell short of SHIB's stellar growth.
The sudden uptick comes after SHIB suffered one of its toughest weeks, dropping by more than 21% and becoming one of the worst-performing altcoins. As
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