Shiba Inu Surpasses Hedera, Rises to 15th Spot on CMC Rankings
By: bitcoin ethereum news|2025/05/10 14:45:06
0
Share
Shiba Inu surges past Hedera with a 21% price increase and $609M trading volume. SHIB’s market cap reaches $9.42B, outperforming Hedera’s $8.89B in recent surge. Shiba Inu secures 15th place on CoinMarketCap as trading volume spikes by 81.69%. The market has witnessed a notable move as Shiba Inu (SHIB) surged to the 15th position on CoinMarketCap, surpassing Hedera (HBAR). The spike points to the increase of SHIB’s market capitalization to $9.42 billion, surpassing HBAR’s $8.89 billion, indicating increased interest and major trading activities in the SHIB ecosystem, attracting strong market performance and significant whale accumulation. Shiba Inu’s Price Surge and Market Capitalization The price appreciation of SHIB increased by 21.27% last week, while Hedera gained 15.19% over the same period. At press time, the SHIB price is trading at $0.00001598, an increase of 4.42% within the last 24 hours. The trading volume in this period increased to $609.81 million, highlighting SHIB’s growing market presence. On the contrary, Hedera’s market cap sits at $8.89 billion, driven by a price of $0.2104 and a trading volume of $373.2 million in the past 24 hours. While Hedera has steadied, its lower trading volume and market cap have failed to keep pace with Shiba Inu’s recent surge. The Surge in Whale Activity and SHIB’s Technical Outlook An essential factor contributing to Shiba Inu’s surge is increased activity from large investors, or “whales.” On May 8, the number of SHIB tokens moved across the network hit a seven-day high of 6.71 trillion. This increase in transactions aligns with a sharp 81.69% growth in SHIB’s trading volume, reflecting high market interest. Moreover, large holders have been accumulating, with a whale wallet inflow of over 2,952% since May 7. Shiba Inu (SHIB) Price Surges Amid 2,952% Whale Inflows and Technical Breakout Signals: Guest Post by TheNewsCrypto | CoinMarketCap https://t.co/Y8GDxZqDCp — $SHIB Bezos $AMC $NIO $BKKT $LCID (@BezosCrypto) May 10, 2025 This increase in whale activity supports SHIB’s technical outlook. The token is now above the 50-day Exponential Moving Average (EMA) and is approaching the 200 EMA, a critical resistance level. A breakout above this level could confirm a substantive uptrend. With the pending bullish momentum and the growing number of market participants, it appears that SHIB is set to experience further bullish momentum. Although Shiba Inu’s price and volume performance increased, its token burn activity has reduced. Over the past 24 hours, 8158 SHIB tokens were burned, a 97% decline from the previous levels. Notably, this decrease may affect SHIB’s long-term deflationary view, which depends on the scarcity of tokens to boost price appreciation. However, the market’s current sentiment is still favorable, as evidenced by SHIB’s high market cap and price increase. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company. Source: https://coinedition.com/shiba-inu-climbs-above-hedera-as-609m-trading-volume-fuels-price-rise/
You may also like
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.
Who is footing the bill for the $64 billion accounting frenzy?
Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.
I never expected that the first application of AI x Crypto would be in security auditing
AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.
What is your view on Binance's competitive advantages?
When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?
ETH has entered a non-consensus phase, and the turning point is approaching!
This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
It can continue to question the cost-effectiveness of stablecoins in the G10 currency corridor, but it cannot ignore the structural opportunities of stablecoins in emerging markets, corporate finance, and on-chain settlements.
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
The living space is constantly being compressed.
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?
Bitcoin vs. gold in 2026: Why are both assets falling, and what does their changing correlation mean? Discover what drives Bitcoin and gold prices and how traders can navigate different market conditions.
The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough
The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.
Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies
Overview of Important Market Events on June 24
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
