Shiba Inu (SHIB) Outstrips Every Top 100 Coin. Is Another Zero in Danger?

Shiba Inu Outperforms Top 100 with 21.2% Price Surge

Meme cryptocurrency Shiba Inu (SHIB) has outperformed all other tokens in the top 100, according to CoinGecko.

Notable Performance

• SHIB has experienced a significant 21.2% price increase in the last 24 hours.
• It is currently valued at $0.000019.
• SHIB is the only top 100 cryptocurrency to gain over 20% within 24 hours.

Meme Coin Dominance

• SHIB is not the only meme coin performing well.
• Conflux (CFX) follows with a 17.6% price spike.
• Other meme coins such as BONK, BRETT, FLOKI, PEPE, and DOGE have also recorded double-digit price gains.

Bitcoin's Recovery

• Bitcoin has reclaimed the $65,000 level, currently trading at $65,142.
• This marks a defiance of seasonal trends, as September tends to be a poor performing month for Bitcoin.

Uptober Expectations

• The cryptocurrency community anticipates "Uptober," a period where the market historically outperforms.
• The fourth quarter is often bullish for the cryptocurrency market.