The ongoing competition among altcoins is thickening, and popular meme coin Shiba Inu (SHIB) is bearing the brunt of it all. At the time of writing, SHIB has lost its place in the ranking and is closely behind LINK due to its lower market capitalization. Per CoinMarketCap's data, the token is trading at a price of $0.000007228 atop a market capitalization of $4,259,394,582.