- Litecoin (LTC) surpasses Shiba Inu (SHIB) in terms of global market cap.
- LTC has now ranked fourteenth with SHIB just $60 million away from its throne.
- The team at LTC has even tweeted a meme to celebrate the success.
As per the data from CoinMarketCap, Litecoin (LTC) has now surpassed Shiba Inu (SHIB) in terms of global market capitalization. LTC is currently ranked fourteenth as per the data. The current market cap of LTC stands at $4.66 billion.
SHIB is trailing in market cap with a difference of $60 million. Its market cap currently stands at $4.60 billion. SHIB is trading at $0.000008393, with a 2.2% loss in value over the last 24 hours. LTC, however, is trading 2.9% higher in the last 24 hours and is valued at $64.90 at press time.
Litecoin surpassed SHIB in terms of market cap on November 22, 2022. LTC’s official Twitter handle even tweeted to denote the milestone with a popular meme. The underperformance of SHIB in terms of price is one of the key factors in the rise of LTC.