Shiba Inu Outshines ETH and DOGE to Secure Second Position in Robinhood’s Top Gainers List

Shiba Inu (SHIB), the popular dog-themed cryptocurrency, has outperformed major cryptocurrencies like Ethereum (ETH) and Dogecoin (DOGE) to secure the second position on Robinhood’s list of top gainers. With a price surge of 6.7% over the past week, Shiba Inu sits just behind Uniswap (UNI), which registered a 14.6% price spike. Despite the strong competition, Shiba Inu’s performance surpassed other Robinhood-listed assets such as Aave (AAVE), Chainlink (LINK), Ethereum (ETH), and Bitcoin (BTC). Bitcoin, the world’s largest cryptocurrency, ranked sixth in the top gainers’ list. Shiba Inu had a slow start to the week but experienced a significant price surge on May 29, which was attributed to factors such as boxer Manny Pacquiao endorsing the cryptocurrency. However, SHIB lost some of its gains due to market volatility but still recorded a 2.74% increase in the weekly charts and a 16.4% increase in the past month.