Shiba

Ethereum

Solana

Pepe

Shiba Inu

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According to&nbsp;<a href="https://www.coingecko.com/" rel="noopener noreferrer nofollow">data</a> provided by CoinGecko, the leading meme cryptocurrency Shiba Inu (SHIB) is up more than 17%.
The meme cryptocurrency is currency trading at $0.0000268 on major spot exchanges. Prior to that, it peaked at $0.00002795.
Currently valued at $15.8 billion, it is the 12th biggest cryptocurrency by market cap.
Dogecoin (DOGE) is the biggest meme coin by market cap, currently valued at $23.2 billion.
However, <a href="https://u.today/shib-major-alert-issued-by-shiba-inu-team-member-for-urgent-action" rel="noopener noreferrer nofollow">SHIB</a> is far from being the top-performing cryptocurrency over the last 24 hours. In the meantime, meme cryptocurrency Bonk (BONK) is up more than 42% over the past 24 hours.
Pepe (PEPE) and Floki (FLOKI) are also up roughly 20%, following the broader bullish trend.
<h2 id="breathing-down-cardano-s-neck">Breathing down Cardano's neck</h2>
SHIB is now within striking distance of surpassing Cardano (ADA) by market cap. The latter is currently valued at $17.7 billion. This puts it in 11th place by market capitalization.
Despite its recent rally, the price of the second-largest meme cryptocurrency is still down more than 68% from its recent high.
<h2 id="post-halving-rally">Post-halving rally?</h2>
Despite the fact that many expected the halving to be a sell-the-news event, the cryptocurrency market is currently in the green.
Bitcoin (BTC), the largest cryptocurrency, is up more than 2% over the past 24 hours.
The altcoin rally, however, appears to be much stronger. Ethereum (ETH), BNB (BNB), Solana (SOL) and Avalanche (AVAX) are also up more than 4% over the past 24 hours.
Bitcoin dominance is now on the cusp of plunging below the 50% level.

Shiba Inu (SHIB) Soars 18% as Crypto Market Recovers

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