The Crypto Assets market is experiencing a period of stagnation, with market capitalization declining by 1.2% to $3.78 trillion, continuing the recent downward trend. This phenomenon is primarily due to two factors: the slowdown in global economic growth and the decline in the attractiveness of risk assets caused by high inflation, as well as increasingly stringent cryptocurrency regulatory policies in various countries.

In this macro environment, the performance of different coins shows differentiation. Toncoin has successfully risen to the 22nd position in market capitalization due to its technological innovation and expansion of application scenarios, surpassing Shiba Inu (SHIB). SHIB is currently ranked 23rd and faces challenges such as declining community activity and slow technological updates, which may affect its future market position.

It is worth noting that SHIB still has a huge gap to cross to surpass Dogecoin (DOGE). According to market capitalization data, SHIB needs to achieve a growth of 376.83% to surpass DOGE, which is undoubtedly a daunting task in the current market environment.

This change in market capitalization rankings reflects the high competitiveness and uncertainty of the Crypto Assets market. Investors need to closely monitor various factors such as the technological innovations, practical applications, and community development of each coin to better assess their long-term development potential. At the same time, the evolution of the macroeconomic situation and regulatory policies will continue to influence the development trajectory of the entire Crypto Assets ecosystem.