SOL Flipped SHIB in Market Cap, Here’s What’s Happening
Published in
Jan 5, 2023
- Solana (SOL) has flipped Shiba Inu (SHIB) in market capitalization.
- On Wednesday, the price of Solana (SOL) increased by more than 13% in 24 hours.
- The price spike has resulted in the liquidation of around $6.7 million worth of short positions.
Solana is now ranked 15th on the list of the top 20 cryptocurrencies, as shown by the prominent cryptocurrency reference portal CoinMarketCap. The Shiba Inu has dropped one position and is now ranked 16th, while the TRX from Tron is in 14th place.
