One of the most popular meme tokens SHIBA INU (SHIB) has increased in value by 45% within two days, thus achieving an all-time high. At the time of writing SHIB price is at $ 0.00003908.
Coinmarketcap data also shows that SHIBA INU has become the most traded cryptocurrency in Coinbase at the moment.
Moreover, SHIBA INU started the bullish trend on October 15 and has increased by 26% since then.
Back in September of this year, Elon Musk had made a tweet about the arrival of the Shiba Inu dog called “Floki” in which case SHIBA token had experienced a 40% increase.
Floki has arrived pic.twitter.com/2MiUKb91FT
— Elon Musk (@elonmusk) September 12, 2021
SHIBA INU is now ranked third in Coinmarketcap, only 4 positions lower than Dogecoin. Its circulating supply is 395 trillion.
Lately, rumors have been circulating about the listing of SHIBA INU on the Robinhood Exchange, which may have affected the price of the token. But Robinhood CEO, asked by Jim Cramer on CNBC’s “Mad Money” whether Robinhood would list the SHIBA INU token, did not give a clear answer on the matter.
Also Read: SHIBA INU Price Prediction 2021 and Beyond – Is SHIB a Good Investment?