Binance ranks Shiba Inu as one of the top three most watched cryptocurrencies in 2022.

Shiba Inu (SHIB), the world’s largest cryptocurrency exchange by 24 hour trading volume, has been named one of the top three most-watched crypto assets by Binance. The top three most watched cryptocurrencies on Binance this year, according to the ranking, are Bitcoin, Ethereum, and Shiba Inu. The major cryptocurrency exchange announced this today in a tweet, saying:

We present to you the most watched crypto assets in #2022withBinance 🤝

Which cryptocurrencies were you watching? pic.twitter.com/6RGXdVm59Y

— Binance (@binance) December 18, 2022

The official Shiba Inu Twitter handle, @shibtoken, also celebrated the recent milestone.

“Woof! SHIB, along with Bitcoin and Ethereum, becomes one of the most watched crypto assets in @binance in 2022,” @shibtoken noted.

Notably, the recent achievement demonstrates Shiba Inu’s growing popularity among cryptocurrency traders.

Shiba Inu’s Popularity is Growing
Shiba Inu is not surprising to be one of the most watched cryptocurrencies on Binance in 2022. This year, cryptocurrency whales have taken advantage of Shiba Inu’s low price to scoop up massive amounts of SHIB tokens. Binance has also been instrumental in assisting these whales in moving cryptocurrency to and from the exchange. TheCryptoBasic reported last week that the major cryptocurrency exchange moved a whopping 1.89T Shiba Inu tokens in a single day.

Shiba Inu’s popularity is skyrocketing.
Shiba Inu has accomplished significant feats this year, demonstrating how popular the crypto asset has become in less than three years. Shiba Inu has evolved from a joke coin to a utility cryptocurrency. Many companies, including Gucci, Rooms-To-Go, Amsterdam Vintage Watches, and others, now accept the leading canine-themed cryptocurrency as payment.

With numerous businesses accepting Shiba Inu and the token’s widespread adoption by crypto whales, traders see it as their responsibility to monitor the asset’s price.

The number of CoinMarketCap (CMC) users who have Shiba Inu on their watchlists recently surpassed 1.8 million, according to TheCryptoBasic. According to CoinMarketCap data, 1,810,756 CoinMarketCap users have Shiba Inu on their watchlist. The CMC watchlist is a feature of the cryptocurrency aggregator platform that allows crypto traders to track the price movement of an asset. This will assist traders in determining the best time to sell.

Shiba Inu users can also shop at over 60 million stores that accept Visa. John Richmond recently expressed gratitude to Shiba Inu community members for suggesting ideas to improve the quality of its clothing line. Shiba Inu metaverse is also rapidly evolving, thanks to the use of Unreal Engine 5.1.