Dogecoin overtook Shiba Inu to claim the 9th position by market cap on Thursday in a jump that saw it post double-digit gains in the past 24 hours.
Dogecoin surged past $0.3, the highest price since early September, while Shiba shed 15% from its peak as they flipped positions.
The jump in Dogecoin follows continued support by Elon Musk and comes days after the Tesla CEO said he owns the crypto token, alongside Bitcoin and Ethereum.
Proclaimed Dogecoin killer, Shiba Inu took the 9th position after a meteoric rise in the past month of almost 1,000% that helped it reach new all-time highs.
Shiba Inu has regained the 9th position by market cap after Dogecoin shed some early morning gains, while the former has continued the surge.
DOGEUSD is up +24%, SHIBUSD is up +0.91%.
