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Shiba inu is a memecoin that is often compared with others.
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The Shiba Inu Team warned users of a fake TREAT Token link on Crypto.com.
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The Shiba Inu ecosystem is expanding with a TREAT Token and layer-3 Blockchain.
Shiba Inu continues to be a popular cryptocurrency, especially on CompareMarketCap where it is ranked among the most compared coins.
Recent posts by CompareMarketCap (formerly Twitter) on X reveal that Shiba Inu’s prominence extends far beyond its market performance. It is often compared to other memecoins like Mog Coin (MOG), Billy Coin (BILLY), or Bobo Coins (BOBO).
These memecoins often are compared to Shiba Inu. The comparisons aim to assess the price changes that might occur if their market capitalizations were equaled with SHIB.
Shiba Inu, as of the latest update has a market cap of approximately $10.45 Billion, making it the 2nd largest memecoin, and the 13th largest cryptocurrency overall.
MOG, BILLY and BOBO, on the other hand, have much smaller market caps at $793.66 millions, $180.81million, and $90.39million respectively. If these tokens reached Shiba Inu’s market cap, then their prices would increase significantly.
MOG’s price may rise by 13,14 times to $0.00028. BILLY and BOBO prices could increase by 52,12 times and 111.86 times, respectively, to $10.62 and $0.000015.
The Shiba Inu Team, led by Shytoshi Kusema, has issued an alert to the SHIB Community regarding a publication from Crypto.Com. The guide of the trading platform on the Shiba Inu eco-system contained a false link to a fraudulent TREAT site. The Shiba Inu Team has warned users to check links carefully and has contacted Crypto.Com in order to resolve the issue. Kusama stressed the importance of being vigilant against potential scams in the cryptocurrency space.
The Shiba Inu eco-system is set to grow with the launch of the TREAT Token and a new layer-3 Blockchain. The Shiba Inu Community is excited about this new development, even though the specifics of the new blockchain have been kept under wraps in order to avoid scams.
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