Cryptocurrencies

Shiba Inu Now 12th-Biggest Crypto After 367% Rise in Just a Week

SHIB token continues to surge, rising over 70% in the past day
Musk posted a picture of Floki on Twitter several days ago

Why the Shiba Inu Crypto Coin Is Soaring

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By Joanna Ossinger

October 6, 2021 at 11:32 PM EDT

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Shiba Inu, a cryptocurrency started just last year, continues to soar after Elon Musk tweeted about his puppy.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal