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Shiba Inu Soars Over 45%, Overtakes Dogecoin Top Become 8th Most Valuable Crypto With Value Of $42 Billion
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ndtv.comShiba inu is a spinoff of dogecoin, itself born as a satire of a cryptocurrency frenzy in 2013
Meme-based cryptocurrency shiba inu soared more than 45 per cent over the last 24 hours, muscling its way into the top ten largest digital tokens by market capitalisation.
Shiba inu is a spinoff of dogecoin, itself born as a satire of a cryptocurrency frenzy in 2013, and has barely any practical use.
Yet it's price has rocketed around 180 per cent in the last seven days, according to CoinMarketCap, leapfrogging dogecoin to become the 8th most valuable cryptocurrency with a total value of $42 billion.
Bitcoin, the biggest cryptocurrency with a market cap of $1.2 trillion, was up a little over four per cent on Thursday, but below the record high it hit
Read more on ndtv.comAbout this in other media
Shiba Inu dog, that inspired "Doge" meme and Dogecoin, turns 16 moneycontrol.com /3 years ago
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