Avalanche AVAX has maintained its strong upward trend, moving past Shiba Inu (SHIB) to join the top ten cryptocurrencies based on market capitalization. The asset has remained above $50 during Tuesday and is now priced at $903, marking a 12% increase for the day. Additionally, AVAX has seen a 45.38% increase in value over the past week. Following its surpassing of Shiba Inu in market capitalization, AVAX may now considering targeting Dogecoin (DOGE). AVAX has been one of the top-performing cryptocurrencies in March, keeping pace with the rapidly growing altcoin market. Currently, it is only slightly below the leading dog-themed meme coin in terms of market capitalization, with a difference of less than $3 billion. Yet, the favorable statistic for AVAX is the increase in trading volume. Image source: Pixabay. Avalanche’s trading volume has surpassed that of SHIB, DOGE, and numerous other altcoins in the past 24 hours. The asset exceeded expectations in terms of price over the weekend and shows no signs of slowing down.