The price of Shiba Inu (SHIB) has risen sharply in recent weeks due to the asset’s recent Coinbase listing, with the coin’s price increasing by more than 20% this week alone.
Factor in the coin’s growing online appeal, with over 900,000 Twitter followers, the Elon Musk effect, large SHIB whales coming into the equation, and there is no telling where the memecoin will go next.
Indeed, on Thursday September 30, it was announced a SHIB whale bought 6,178,758,122,373 SHIB ($43,838,916).
