Forbes names Shiba Inu as one of the top 10 cryptocurrencies to invest in.

Forbes recently released a list of the top 10 cryptocurrencies to invest in for March 2024, and Shiba Inu (SHIB) made the cut. SHIB is a decentralized meme token that grew in popularity due to its resemblance to the famous Dogecoin. It has gained a strong following and has seen significant price increases in recent months. With its low entry point and potential for growth, many investors are considering adding SHIB to their portfolios. However, as with any investment, it's important to do thorough research and understand the risks before making any decisions.

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Forbes recently released the top 10 best cryptocurrencies to invest in for March 2024, and Shiba Inu made the list. The two tokens inspired by meme currencies that made the list are Shiba Inu and Dogecoin.

This development shows that SHIB is attracting attention from mainstream media and top financial institutions, with Forbes considering this token. Forbes acknowledges that Dogecoin started as a joke but has now become a heavyweight competitor for investments.

Forbes took notice of Shiba Inu after it surged nearly 280% in the past 30 days. It outperformed Bitcoin, Ethereum, and even the US stock market with significant profit gains this year. Even Bitcoin, Ethereum, and the larger cryptocurrency market did not triple in value like SHIB, except for some other meme tokens like Pepe.

Shiba Inu catches Forbes’ attention

SHIB is currently getting noticed by Forbes as the dog-themed token surges on the charts. Here are the top 10 cryptocurrencies to invest in for March 2024:

  1. Bitcoin (BTC)
  2. Ethereum (ETH)
  3. Tether (USDT)
  4. Binance Coin (BNB)
  5. Solana (SOL)
  6. Ripple (XRP)
  7. U.S. Dollar Coin (USDC)
  8. Cardano (ADA)
  9. Dogecoin (DOGE)
  10. Shiba Inu (SHIB)

Although Shiba Inu ranks last on Forbes’ list, it still makes it into the top 10 reputable cryptocurrency investments. This development shows that SHIB is currently on par with top investments in the financial field.

The upcoming Bitcoin Halving might further increase the price of SHIB and generate additional profits. If they manage to remove some more zeros, Forbes might push SHIB higher on the list. Therefore, the next two months seem promising for Bitcoin, SHIB, and the cryptocurrency market in general.