The recent run of Shiba Inu has crowned it as the 11th largest cryptocurrency, as per Coinmarketcap.com.The latest run in Shiba Inu is more mind boggling for crypto enthusiasts as Tesla boss Musk had snubbed the meme token. The mercurial technocrat said that he doesn’t actually own any Shiba Inu tokens.Shiba Inu is an example of a price rally driven by a large retail community, sentiments, and hope. "The Shiba Inu token system supports innovative and artistic projects like NFT art incubators," added Ranga. "Unlike Bitcoin, which has a limited supply of 21 million, Shiba Inu is intentionally designed for abundant supply. "Even though Doge is the oldest namecoin and highest marketcap among the category, Shiba Inu is making a place for itself," Ranga said.A petition on Change.org asking Robinhood to list Shiba Inu now has more than 326,000 signatures.

Source: Economic Times October 28, 2021 04:14 UTC