By one measure, Shiba Inu’s goal of topping Dogecoin is now in the rearview mirror, as the cryptocurrency’s market cap hit $38.5 billion at 10:15 a.m. ET on Wednesday, besting the other dog-themed meme coin by over $5 billion. Now it’s on the hunt for its next target.
The crypto that was long dismissed as a joke is up 777% in the past 30 days and hit an all-time high Wednesday amid talk that Robinhood might be considering listing it. That has boosted its market cap to a level that puts it alongside some of the biggest companies in the world—and in many cases, surpassing them.
Shiba Inu hasn’t yet hit the market cap levels that Dogecoin did at its peak (when it was valued at roughly $54 billion), but it’s on an upward trajectory. And it has already dwarfed some very familiar names. Here are some of the blue-chip companies that have seen Shiba Inu blow past their market caps—so far.
All market cap data is as of 10:15 a.m. ET on Oct. 27.
Allstate (ALL) – Market cap: $37.74 billion
Yum! Brands (YUM) – Market cap: $37.61 billion
General Mills (GIS) – Market cap: $37.51 billion
The Hershey Co. (HSY) – Market cap: $37.33 billion
7-Eleven (SVNDF) – Market cap: $36.8 billion
Discover Financial Services (DFS) – Market cap: $35.96 billion
HP (HPQ) – Market cap: $34.75 billion
Nasdaq (NDAQ) – Market