Shiba Inu (SHIB), a popular meme coin, has witnessed a notable price surge recently, moving along an upward trajectory. The significant increase in SHIB’s price aligns with a broader market rally observed across various cryptocurrencies.
In a recent update, Zaheer shared on X post that the spot price of SHIB soared by 10% after the ISHIBA naming coincidence.
Overall, SHIB’s price has climbed 50% in just 48 hours, reflecting growing interest and speculation in the market.