Shiba Inu Outperforms Trump Meme Coin Despite White House Perks for TRUMP Holders: Report
The post Shiba Inu Outperforms Trump Meme Coin Despite White House Perks for TRUMP Holders: Report appeared on BitcoinEthereumNews.com.
A recent report suggests that Shiba Inu outpaced the weekly gains of the TRUMP meme coin despite President Trump offering a black-tie dinner and White House tour for its largest holders. In a tweet, Coinpedia Markets highlighted that Shiba Inu surged 36% in the past week. However, the report claimed TRUMP reported a lower percentage weekly gain. Notably, on-chain data shows that SHIB’s price rallied from around $0.00001260 to $0.00001720 in the past period. This performance saw Shiba Inu rival other crypto assets, including Donald Trump’s meme coin. According to Coinpedia Markets, the Official Trump coin price only spiked by 28%. Notably, data from CoinMarketCap suggests that TRUMP’s price rallied from around $11 to $14 last week. The tweet from Coinpedia Markets argued that Shiba Inu outperformed TRUMP’s gains despite Donald Trump’s jaw-dropping offer to the token’s largest holders. Black-Tie Dinner and White House Tour for TRUMP Holders As previously reported, the top 220 largest holders will participate in a black-tie dinner with President Trump on May 22. At the event, a special reception and a private White House tour will be held for the top 25 holders of TRUMP. The offer impacted TRUMP’s price at the time of the initial announcement in April, with its valuation soaring to $3 billion. However, interest in TRUMP declined this month as other meme coins outperformed its weekly gains. Other Notable Shiba Inu Milestones Further, Coinpedia Markets mentioned other notable milestones Shiba Inu achieved recently. It claimed that Shiba Inu ranked as the fifth most-swapped token in the popular Ethereum wallet MetaMask last week. Recall that Shiba Inu achieved a similar milestone last year, joining the likes of Pepe, BabyDogeCoin, Pepe Unchained, and Hex. Positive Indicators In terms of technical indicators, Coinpedia Markets indicated that Shiba Inu was trading above all major daily and…
Filed under: News - @ May 14, 2025 5:28 pm