Why the Shiba Inu Digital Currency Is Skyrocketing Again Today
Today, popular meme token Shiba Inu (CRYPTO: SHIB) took off. This dog-inspired cryptocurrency provided investors with gains of as much as 13% in earlier trading. Currently, it is up more than 4% over the past 24 hours.
What's important is that SHIB is moving substantially higher, despite other popular cryptocurrencies cooling off of late. Investors appear to be rotating back into more speculative meme tokens in lieu of other top cryptocurrencies right now.
Investors appear to be factoring in news that AMC Entertainment Holdings (NYSE: AMC) might be considering accepting SHIB at payment at the company's theaters.
Source Fool.com
