Shiba Inu (SHIB), a dog-themed cryptocurrency, has surpassed Toncoin (TON) in market capitalization and reclaimed a higher spot in the crypto rankings. SHIB is now ranked 15th among the top cryptocurrencies with a market capitalization of $9.68 billion, while TON ranks 16th with a market capitalization of $9.24 billion. SHIB has shown early signs of a potential rebound, with its price increasing by 3.56% in the last 24 hours to reach $0.00001582. The rebound comes after SHIB experienced price declines in response to higher-than-expected inflation data. Analysts suggest that SHIB's upward momentum will depend on breaking through resistance levels and maintaining strong buying pressure.



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