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Why Shiba Inu Popped Today

TheMotleyFool

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Over the past 24 hours, the price of the meme token Shiba Inu (CRYPTO: SHIB) has jumped roughly 27% as of 10:30 a.m. ET for no obvious reason, although the crypto market is rebounding today after what has been a brutal sell-off as of late.

There are also a few other recent events that show how Shiba Inu continues to gain traction among the crypto and investing community.

Some are touting a new milestone for Shiba Inu because the token recently reached 3.4 million followers on Twitter, which is now tied with Shiba Inu's rival Dogecoin.

Source Fool.com

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