Monero (XMR) has surpassed Shiba Inu (SHIB) in market capitalization, reaching $6.11 billion compared to SHIB's $5.87 billion, according to Coinotag. This development places Monero in 21st position on CoinMarketCap. The privacy-focused cryptocurrency surged 8.22% to $331.52, with a daily trading volume of $210 million, outpacing SHIB's $181 million. Over the past week, Monero has gained 4.34%, while Shiba Inu has declined by 4.83%. This trend reflects a growing investor preference for utility-driven cryptocurrencies, particularly those offering privacy features, amid ongoing market volatility.