In one of his latest YouTube videos, crypto analyst ClayBro revealed that #ShibaINU (SHIB) is considered one of the most popular cryptocurrencies in America. The analyst also explained that due to this popularity, #SHIB could be one of the most successful cryptocurrencies in the next bull cycle.

The YouTube video references a recent study by cryptobedding.com, which found that Bitcoin (BTC), SHIB, and Dogecoin (DOGE) are the most popular cryptocurrencies in America.

The study analyzed mining volume data among the top 100 cryptocurrencies by market cap.

The report also showed that BTC is still the most searched in the crypto world with 1.91 million monthly searches.

SHIB, often referred to as the “Dogecoin killer,” ranked second with 484,000 monthly searches, while DOGE was positioned as the third most popular cryptocurrency with 280,000 monthly searches.

The popularity of these cryptocurrencies is expected to play a significant role in the return of the bull market as investors seek to benefit from rising prices. Speculation and popularity often influence prices in the crypto world, and the study's findings suggest that investors will likely gravitate towards coins they are familiar with.

SHIB price prediction

Investors are expected to renew their confidence in Bitcoin as the crypto market awaits the arrival of the bull market, and SHIB is poised for potential growth as one of the most well-known and popular digital currencies in the United States. Meanwhile, CoinMarketCap noted that SHIB is one of many cryptocurrencies that have seen a price increase in recent days.

At the time of this writing, SHIB was valued at approximately $0.000008016 and has experienced a price increase of more than 6% in recent days.

This pulled SHIB's weekly performance to +10.82%. The 24-hour trading volume for SHIB increased by more than 190% and remained at approximately $220,327,314.

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