Shiba Inu (SHIB) Increased By 200 Percent In A Week!

Shiba Inu (SHIB) increased by 200 percent in a week! Inspired by Dogecoin, the Shiba Inu (SHIB) continues to rise.

Inspired by Dogecoin, supported by Tesla CEO Elon Musk's tweets during this year's bull season, Shiba Inu has almost reached the DOGE level. The phenomenon, which has increased by more than 200 percent in the last week, has seen the market value of the cryptocurrency over $ 10 billion.

Price Increased After Elon Musk's Tweet

Although SHIB is a coin with plenty of zeros, it has become a cryptocurrency that attracts attention in many countries and creates expectations with its sharp rises. Shiba Inu, which has increased by more than 60% in the last 24 hours, accelerated its rise when Elon Musk shared a photo of his dog on Twitter on October 4. Musk named his dog Floki, and a cryptocurrency was created with that name soon after. The steep rise of SHIB seems to have dethroned even the 20% rise in the two biggest cryptocurrencies, Bitcoin and Ethereum. The phenomenon cryptocurrency, which caught its all-time high level of $ 0.00003791 on May 10, will see above this level if it records another 60% rise. SHIB posted a return of about 35% million from its lowest level.