Krutika Adani
In the last 24 hours, Shiba Inu has surged 17% from $0.00002475 to $0.00002933 with a trading volume of $2.38 billion.
However, the crypto soon cooled down to $0.00002768.
For a short moment, Shiba Inu flipped Cardano to become the 10th largest crypto by market cap.
The memecoin gains from a lot of positive developments such as strong network growth and a high burn rate.
Analysts expect the crypto to reach its 0.1 cent target very soon.