Dogecoin took first place in Asia among the most viewed cryptocurrencies in Asia, while Ethereum came in second. At least this is what appears from the list on CoinMarketCap of the top 10 most viewed cryptocurrencies in Asia. Moonbeam (GLMR) was the third most viewed cryptocurrency in Asia on CoinMarketCap and BNB (BNB) ranked below it in fourth position. On the other hand, Floki Inu (FLOKI) was the fifth most viewed cryptocurrency on the website, while Solana (SOL) took the sixth place.

Cardano, Polygon, Fantom and Saitama took the seventh, eighth, ninth and tenth slots respectively. Below is the list of DOGE, FLOKI and SAITAMA that have attracted the interest of Asian investors in meme coins during the period under consideration.

On January 14, 2022, Dogecoin’s father and Tesla CEO Elon Musk declared Dogecoin’s acceptance as a legal form of payment on Tesla’s website for the selected merchandise. More recently, Elon Musk urged Mcdonald to accept Dogecoin as payment.

On January 9, 2022, Floki Inu decided to begin a smooth transition to a DAO following extensive discussions with key and strategic consultants, as well as a review of data and information from several reputable sources. On January 8, 2022, The Saitama announced the launch of the SaitaMask wallet, certified by the auditing firm CertiK to be declared “trouble-free and resistant to hackers”.

According to CoinMarketCap, the Dogecoin spinoff recorded more than 188 million views during the last 12 months, while apex cryptocurrency Bitcoin came in second with 145 million views in 2021. It should be noted that SHIB is currently the 13th largest cryptocurrency in the world, with a market cap of over $20 billion.

Meanwhile Dogecoin was ranked in the third position among the most viewed cryptocurrencies with 107 million views, while Cardano had around 86 million views, and Ethereum garnered 81 million views.

SHIB’s rise is speculated to be fuelled after tech billionaire Elon Musk, tweeted a photograph of the Shiba Inu meme going to the Moon on October 18. At that time, the token was trading at $0.000026 (Rs. 0.0020). His tweet pushed the coin to nearly 50 percent to reach a high of $0.000044 (Rs. 0.0033), according to CoinMarket cap.

Another major reason is also rumours floating in the crypto world that the SHIB will soon be listed on the popular stock trading app, Robinhood. A petition on Change.org has also implored Robinhood to list the coin on its platform. It garnered almost 3 lakh signatures.

This is not the first time SHIB was called the most discussed cryptocurrency. Earlier, in October, data compiled by ICO Analytics revealed Shiba Inu was the most dusccused crypto in October, receiving a 22 percent share of all crypto assets discussions on the platform, dwarfing Ethereum by 8.1 percent and Bitcoin by 7.2 percent.

On Twitter, SHIB supporters have been loudening their voices using hashtags such as— #SHIBARMY #ShibaSwap #shibainu #shibainucoin, and #SHIB — to rally support for the meme coin.

Meanwhile, cryptocurrency Safemoon, Solana, Cardano, and Binance were among the ten most discussed crypto coins on Twitter, as per the graph shared by ICO Analytics. However, none of the cryptocurrencies came even close to the popularity of SHIB.

Interestingly, almost 70.52 per cent of SHIB’s circulation is controlled by eight whale accounts, of which, one whale holds 41.03 per cent. This means all of these whales have made at least 800 percent gains on their investments, last month.

The year keeps getting better and bigger for Shiba Inu as the meme coin defeats Bitcoin and Ethereum in popularity. The crypto recently became the most viewed crypto on CoinMarketCap, the renowned crypto ranking website.

The list surprised most traders as it showed Ethereum at number five with Dogecoin and Cardano above it. CoinMarketCap released an official tweet to announce the news, showing the top five most viewed cryptos in 2021.

With over 188 million views, Shiba Inu outperformed the competition by a mile. The meme coin was 43 million views ahead of Bitcoin, the biggest cryptocurrency in the world. The competition was nowhere close as Dogecoin tailed BTC with 107 million views.

Cardano beat Ethereum by a small margin to grab the fourth. The crypto amassed 86 million views while the second-largest crypto garnered 81 million views.

Besides the whopping 188 million views, Shiba Inu also scored over 1.4 million watchlists on CoinMarketCap. Binance’s acquisition of CoinMarketCap has added another layer of reputability with the platform.

As per Similarweb’s report, the crypto ranking site currently boasts over 340 million monthly views. With such a large number of traders trusting the platform, ranking at the top is a huge feat, especially for a meme coin like SHIB.

The crypto also got listed on multiple regional and international exchanges recently. Names like Gemini, Kraken, Bitfinex, and Coinbase now support SHIB. Moreover, Bitstamp is ready to open a tremendous customer reach for Shiba Inu in the European market.

SHIB’s arch-rival Dogecoin did not lack in performance as it became one of the most traded cryptos in India. Despite being 56.5% down from its peak, Shiba Inu is not showing any signs of stopping.

The crypto scored 1 billion dollars worth of trading volume in the past 24 hours, showing traders’ trust in the crypto.