Shiba Inu (SHIB), the decentralized meme token, has surged over 70% in a day and up more than 220% in a week.
With a market capitalization of $9.3 billion, the digital asset is now ranked among the top 20 cryptocurrencies in terms of market cap, according to the latest CoinMarketCap.com statistics.
Whatsmore, the meme token is now the fourth most-traded asset surpassing Dogecoin (DOGE), XRP, and Solana (SOL) in trading volume, with over $14 billion traded in the last 24 hours.
