Shiba Inu
a cryptocurrency that is essentially based on a meme of a meme, has soared over the past few days. The joke crypto may just get the last laugh.
The price of Shiba Inu has jumped almost 25% since late Tuesday, from about ten-ten-thousandths of a cent per token to more than twelve-ten-thousandths of a cent, bringing year-to-date gains to upwards of 50%. The rally has also carried fellow dog-meme-themed
Dogecoin
up about 8%, with both outperforming
Bitcoin
the largest crypto, which is flat over the same period.