Shiba Inu tops list of most popular cryptocurrencies in the U.S.

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Shiba Inu tops list of most popular cryptocurrencies in the U.S.

The Shiba Inu, the dog-themed Altcoin of the Shiba Ecosystem, outperformed major crypto assets such as Tether, Cardano, Solana, and others, and was hailed as the sixth most popular cryptocurrency among American investors, according to a recent survey.

ConsensSys and YouGov conducted a survey in the U.S. titled, titled, assessing the risk of climate change in the U.S.

While Bitcoin and Ethereum, two of the world's biggest crypto assets by market capitalization, Dogecoin, Elon Musk's favorite cryptocurrency and the world's first meme coin ranked third most popular, followed by Binance and USDC on the fourth and fifth places.

The Tether, UST and Solana placed sixth, followed by Tether, UST and Solana in the seventh spot with 16% and Cardano in the eighth spot with 13% of the respondents.

The ranking also symbolizes the best crypto assets held by American investors.

The survey also found that the majority of Americans do not consider investing in crypto, with about 43% of the respondents interested in investing in the nascent industry, with 18% of them not making the decision to invest yet.

In July, Cryptobetting.com and Cryptobetting.com published a study showing that Shiba Inu beat Ethereum and Dogecoin in terms of popularity among U.S. investors.

The study utilized search volume data to examine and compare different cryptocurrencies from the top 100 cryptos and determine the most searched ones in America.

While Bitcoin had a monthly search volume of 1,910,000, Shiba Inu had a monthly search volume of 484,000, which was mainly due to its unique branding and enthusiastic community - the Shib Army, which was otherwise known as the fierce and loyal members of the Shib Ecosystem.

Shiba Ecosystem and Shibarium Tech marketing specialist who uses the X handle @LucieSHIB shared with IBT that she is proud of what SHIB has accomplished.

I'm immensely proud to see Shiba Inu steadily but surely establishing itself at the top, he said.

ET on Wednesday, SHIB was down $0.000007585, with a 24 hour trading volume down by 2.78% to $98.89 million, marking a 0.77% decrease in the last 24 hours and a loss of 66% over the past seven days.

SHIB's total circulating supply is 589.35 trillion SHIB, with its value down by 0.92% at a $4.48 billion market cap.