Shiba Inu Is Soaring. The ‘Memecoin’ Crypto Wants to Become a Whole Lot More.



Shiba Inu


a cryptocurrency that is essentially based on a meme of a meme, has soared over the past few days. The joke crypto may just get the last laugh.

The price of Shiba Inu has jumped almost 25% since late Tuesday, from about ten-ten-thousandths of a cent per token to more than twelve-ten-thousandths of a cent. The rally has also carried fellow dog-meme-themed


Dogecoin


up about 8%, with both outperforming


Bitcoin


the largest crypto, which is flat over the same period.


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