Shiba Inu has managed to retain itself among the top 20 largest cryptocurrencies in the market for over a week now. The cryptocurrency made its debut a little over a year ago and has seen one of the fastest jumps in popularity.
Indian cryptocurrency exchange WazirX was among the first to list the Shib Token in the country. Users on the platform can directly buy the cryptocurrency using Indian rupees or exchange for it using Tether (USDT) or the exchange’s native WarizX token (WRX).
It only took the meme coin 14 months to hit a market value of $12 billion and become the 12th biggest cryptocurrency by market value at its peak. In comparison, it took Dogecoin 88 months, six time longer to be as big.