SHIB Bags Second Place in MarketVector’s Meme Coin Index; What’s Next?

The post SHIB Bags Second Place in MarketVector’s Meme Coin Index; What’s Next? appeared first on Coinpedia Fintech News

In the recently launched VanEck’s MarketVector, Shiba Inu has secured the second spot just behind Dogecoin where SHIB’s weight is 28.28% while Dogecoins’s at 30.69% among other memecoins like Pepe, Dogwifhat, Floki Inu and Bonk. The meme coin index is the best-performing index currently with an impressive return of 137.96% so far in the year, signifying increased investor interest in meme coins.