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As of May 01st 2018, Black Panther is the highest grossing superhero movie in America [& the third highest grossing movie ever]

Worldwide box office, The Avengers is the highest grossing superhero movie followed by Avengers Age of Ultron & Black Panther.

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Q: What is the highest grossing Superhero movie?
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Is grossing an adjective in this sentence It is the highest grossing movie of the year?

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