Solana, Shiba Inu Sector Cap Shrinks Down below This Dogecoin ‘Relative’ Amid Chaotic Market Problems – SHIBA INU (SHIB/USD), FTX Token (FTT/USD), Litecoin (LTC/USD), Solana (SOL/USD), Dogecoin (DOGE/USD) #Solana #Shiba #Inu #Market place #Cap #Shrinks #Dogecoin #Relative #Chaotic #Marketplace #Problems #SHIBA #INU #SHIBUSD #FTX #Token #FTTUSD #Litecoin #LTCUSD #Solana #SOLUSD #Dogecoin #DOGEUSD

The sector cap of common cryptocurrency Solana SOL/USD and meme coin Shiba Inu SHIB/USD has slipped under that of Dogecoin DOGE/USD relative Litecoin LTC/USD.

What Occurred: At the time of composing, LTC was at 13 in phrases of current market capitalization, whilst SHIB rated 14th in the record and SOL was at 16, according to CoinMarketCap’s top 100 listing of cryptocurrencies.

See Also: Ideal Cryptocurrency to hedge towards inflation

SOL commenced the 12 months investing at $178.89 and with a current market capitalization of $55.09 billion. It was once regarded as an Ethereum ETH/USD killer. The crypto winter season and the collapse of Sam Bankman-Fried‘s FTX FTT/USD sent shockwaves in the course of the crypto marketplace, which for that reason drove down the worth of SOL to $13.04, down 92.71% from its rate in January 2022.

These days, SOL is investing at $13.04 with a industry cap of $4.73 billion.

SHIB begun the 12 months investing at $.0000473, with a marketplace capitalization of $18.35 billion. The FTX contagion plunged SHIB to .000009024, down 80%.

Price tag Motion: At the time of composing, LTC was investing at $78.78 up 27% in the past 24 hours, in accordance to Benzinga Professional.
Browse Upcoming: Cathie Wood Reiterates $1M Cost Focus on For Bitcoin: ‘Sometimes You Need to have To Go By Disaster To See Survivors’

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