ShibaInu

Learn how Shiba Inu is stealing the spotlight over the other top crypto assets.

Despite a market dip, the leading canine-themed cryptocurrency Shiba Inu (SHIB), has managed to post considerable gains.

Shiba Inu's weekly success has propelled it ahead of other leading crypto assets like Ethereum (ETH), Dogecoin (DOGE), Cardano (ADA), XRP Ledger (XRP), Binance Coin (BNB), and Polygon (MATIC).

Shiba Inu is up 6.3% in the last seven days, according to CoinGecko statistics. In the previous week, ETH, XRP, ADA, and MATIC are down 1.3%, 8.9%, 7.8%, and 6.3%, respectively. Meanwhile, DOGE and BNB have gained 0.1% and 2.3% during the last seven days.

The canine-themed cryptocurrency accomplished the milestone after showing increases for five days in a row. During Shiba Inu's five-day straight surge, the asset increased by 32%.

Shiba Inu is Down at 0.9% In 24 Hours

Despite its stellar weekly performance, Shiba Inu is down 0.9% on the 24-hour chart. However, SHIB's daily drop pales compared to what the canine-themed coin endured during the SEC-induced crash that shook the crypto industry earlier this month.

It is worth mentioning that on June 10, Shiba Inu lost 13.07% of its value in a single day. Shiba Inu fell to a 21-month low of US$0.00000543 due to this.

Shiba Inu is slowly emerging from the ashes, trading at US$0.00000716 in the hours coming up to press time. Interestingly, numerous Shiba Inu community members believe the asset will continue to rise over US$0.00000716.

Shiba Inu's following aims, according to SHIB Knight, are US$0.00000725, US$0.00000736, and US$0.00000752. Shiba Inu has already surpassed all three goals established by SHIB Knight before reverting to US$0.00000716 due to bearish pressure.

Shibarium Beta Explorer has received a significant upgrade

Meanwhile, the Shiba Inu team is still scheduled to release the mainnet version of Shibarium, the cryptocurrency's layer-2 scaling solution. As previously reported, Shiba Inu's Marketing team member Lucie said that the team has successfully reset and upgraded Puppyscan, the Shibarium Beta- Puppynet block explorer.

According to Explorer, 13.35 million wallets are linked to Puppynet. Puppynet has a total transaction count of 25.11M and a complete block count of 3.35M.