Shiba Inu’s decentralized exchange, ShibaSwap, just achieved a new milestone by outpacing Ethereum dApps in terms of social signals.
ShibaSwap recently ranked first among the top 10 Ethereum blockchain projects and had a strong social signal.
ShibaSwap has a social signal score of 698,476 which puts it ahead of other Ethereum-related enterprises, according to the statistics. With a total of 494,612 social signal points, the Bored Ape Yacht Club (BAYC) is now the second Ethereum project in the rankings.
EverRise, Crypto.com DeFi Swap, and OpenSea are a few of the other top Ethereum projects in the rankings.
Growing Popularity of Shiba Inus Gives ShibaSwap An Advantage Over Competitors
Given the enormous popularity Shiba Inu has amassed over its two years of existence, it is not unexpected to see ShibaSwap at the top of the list. Shiba Inu supporters are constantly keen to offer their opinions on the initiatives being undertaken by SHIB.
The official decentralized exchange of Shiba Inu is called ShibaSwap. The team started it to disprove the meme coin title and offer more use cases for Shiba Inus.