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As Crypto Market turns Green, SHIB is ag the top of the spotlight. Shiba Inu is a dog-themed competitor to Dogecoin (DOGE).
Additionally, Memecoins is at it again as DOGE competitor Shiba Inu (SHIB) sees 87% rally in just a single day.
Notably, It sits at the 22nd position in crypto asset by market cap. Meanwhile, It was trading at $0.00000000008 on January 1st. Of course, tweets of Tesla CEO Elon Musk pushes SHIB to 47,387,400% increase to an all-time high of $0.00003791 on May 10th. However, before declining slightly back for the last past months.
Notably, Musk tweets a photograph of his Shiba Inu puppy.
Floki Frunkpuppy pic.twitter.com/xAr8T0Jfdf
— Elon Musk (@elonmusk) October 4, 2021
Related Posts – Shiba Inu coin (SHIB) Spikes After Coinbase Listing, Traded $2 billion
Consequently, SHIB starts off a rally, making up to 212% above former prices.
Shiba Inu is a meme token that aims to be an Ethereum-based alternative to DOGE. It packs up more than 8,600,000% this year and is recently on Coinbase.
Also, This recent price surge takes SHIB from $0.00000692 some week ago to $0.00002010, according to CoinGecko.
From The Shibu Inu website, Shiba Inu is a “decentralized meme token that evolved into a vibrant ecosystem.”
Conclusively, the decentralized platform (DeFi) ShibaSwap was launched in July to provide users the ability to stake, swap, provide liquidity. Also, to earn passive income rewards.