Shytoshi Kusama Promotes S.H.I.B As Elon Musk Touts D.O.G.E — Shiba Inu Rallies 10% Amid Broader Crypto Gains
Posted On November 6, 2024
Shiba Inu (CRYPTO: SHIB), the second-largest meme coin by market capitalization, surged Tuesday night, joining the broader market rally pinned on Donald Trump’s increased odds of victory.
What happened: The popular dog-themed cryptocurrency spiked over 10% in the last 24 hours, taking its market capitalization past $11 billion.
SHIB saw its trading volume soar by 157% to $865 million, making it one of the most traded cryptocurrencies in the last 24 hours.
The coin’s rally was also celebrated by Shytoshi Kusama, a central figure of the Shiba Inu ecosystem.
The pseudonymous lead …
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