Shiba Inu, Dogecoin Dominate Indian Crypto Market, Emerge as the Most Traded Cryptos

Shiba Inu, Dogecoin Dominate Indian Crypto Market, Emerge as the Most Traded Cryptos
Mobile phone app screenshot of a Dogecoin logo in New York, on April 20, 2021. Richard Drew/AP Photo
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According to a new report, cryptocurrencies Shiba Inu (SHIB) and Dogecoin (DOGE) made up 13.72 percent of the trading volume on crypto exchanges in India. The analysis coming from data collected between April and October.

These two coins have risen to rank among the top cryptocurrencies in the market. At the time of publication Dogecoin is ranked 10th and Shiba Inu is 11th based on market cap, compared to the top two digital currencies, Bitcoin (BTC) and Ethereum (ETH).