Saad Ullah
Shiba Inu (SHIB) is now just $1.4 billion away from overtaking Bitcoin Cash in market cap, setting up what could be a major shift in crypto rankings.
SHIB Price Gains 16% While Bitcoin Cash Lags Behind
The meme coin that's got everyone talking is making some serious moves. Shiba Inu (SHIB) currently sits at an $8.86 billion market cap, while Bitcoin Cash holds $10.35 billion. That's a gap of just over $1.4 billion – and it's shrinking fast.
Since July 10, SHIB has pumped more than 16%, leaving Bitcoin Cash in the dust with its measly 7% gain. Over the month, the meme coin has actually outpaced the Bitcoin fork by about 32%, riding the wave of what traders are calling an Ethereum renaissance.
Right now, SHIB is trading at $0.000015 – down a bit from yesterday but still looking green for the week. Bitcoin Cash is sitting at $520, climbing steadily but nowhere near SHIB's explosive pace.
SHIB Trading Volume Shows Serious Market Interest
Here's where things get interesting. SHIB's daily trading volume hit $529 million, almost matching Bitcoin Cash's $610 million. Think about that – a coin worth fractions of a penny is moving nearly as much money as one trading at $520.
The liquidity is solid across major exchanges, and traders are definitely paying attention. If SHIB keeps this momentum going, we could see it flip Bitcoin Cash for that 17th spot on CoinMarketCap in just a few days. That hasn't happened since last year.
What a SHIB Flip Would Really Mean
This isn't just about bragging rights. If SHIB actually overtakes Bitcoin Cash, it signals something bigger happening in crypto. Money is flowing away from those old-school fork coins toward the flashier, community-driven tokens that get people excited.
Market watchers are glued to their screens right now. With just $1.488 billion left to close, SHIB could make history sooner than anyone expected. Sure, it hasn't happened yet, but the way things are moving? Don't blink – you might miss it.
Saad Ullah
