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Shibainu
Soon after an anonymous whale decided to buy 6.3 Trillion Shiba Inu tokens and raise SHIB coin's valuation, the memecoin also saw another huge jump in value, emerging as one of the most traded coins by volume, this week. The growth has skyrocketed SHIB coin to a position where it's now the 33rd largest cryptocurrency in the world, with a market cap of $8.7 billion (approximately Rs. 65,141 crores). The jump has been fuelled by a tweet from the 'Dogefather' himself who took to his profile on Sunday night and posted a photo of his pet Shiba Inu pup named 'Floki Frunkpuppy' sitting on an open front hood of a Tesla. What has become a theme lately with Elon Musk' posts on Floki is that multiple Doge-styled coins usually get a boost. Doge - the mascot of Dogecoin is a Shiba Inu too, and Dogecoin is a cryptocurrency that Musk has explicitly endorsed in the past. Hence, both SHIB and Dogecoin witnessed a sharp spike a valuation shortly after Musk' tweet on Sund...
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