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Benzinga
Benzinga
Business
Adrian Zmudzinski

Doge-Killer Shiba Inu Skyrockets 50%: Here's Why

DOGE Shiba Inu

Known as the Dogecoin (CRYPTO: DOGE) killer, memecoin Shiba Inu (CRYPTO: SHIB) saw its price skyrocket after its team announced it will soon launch the second version of its own blockchain.

What Happened: CoinMarketCap data shows that Shiba Inu's price skyrocketed by 50.5% from a low of $0.0000232 to a high of $0.00003492, before settling at $0.00003258 as of press time.

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