Shiba Inu flips Tron (TRX) as SHIB’s Metaverse speeds up

Shiba Inu has shown that what you start out as is less important than how your project will turn out and how your business will grow. Meme currency Shiba Inu has grown to become one of the top 15 most valuable crypto assets on the market. This is in line with the recent trend toward optimism, which has caused the value of the asset to rise along with those of other cryptocurrencies.

With a market value of $6.4 billion, SHIB is now the 15th largest cryptocurrency, passing TRX to take that spot.

According to data from CoinMarketCap, Shiba Inu has passed Tron (TRX) to become the 15th most valuable cryptocurrency on the market. Shiba Inu is now worth $6.48 billion on the market, which is a few million more than TRX, which is worth $6.19 billion as of press time.

The joke currency was created in August 2020 as an alternative to Dogecoin. Since then, it has made huge gains, which have helped it grow over the years. Also, the project has gotten a lot of attention in the cryptocurrency community, especially on Twitter, in part because it involves Dogecoin. This has made investors curious and brought the asset some attention.

In recent months, Shiba Inu fell along with the rest of the crypto market. However, it has made a comeback in the last week, and its market value seems to have skyrocketed. In June, when the Crypto Winter was at its worst, Shiba was worth $5.2 billion on the market. Today, another billion dollars were added, which put it ahead of TRX.

Shiba has announced that the well-known visualization studio TTF will work with them.

SHIB’s market value has gone up because of recent positive events that have attracted investors. William David Volk, an American who makes mobile games, tweeted on July 20 that Shiba Inu would be getting something strange. As shown by the number of comments asking what the gaming veteran was talking about, the Shiba community was very interested.

Shiba Inu and The Third Floor (TTF), a well-known visualization company, announced on July 20 that they would work together to create a virtual environment for the Shiba Inu Metaverse project. Many works in the Marvel Cinematic Universe and the Star Wars series were made by TTF.

The next day, Singapore-based payments platform JeriPay announced a partnership with payment processing company FCFPay. This would allow the platform to accept payments in Shiba Inu.

Shiba is now worth $ 0.00001179, which is 4.5 percent less than it was a day ago. But in the last week, the asset’s value has gone up by 11.47 percent.