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Shiba Inu, a popular decentralized meme token, has seen a significant price increase of 20%, driven by a trading volume of over $2 billion. This surge has been largely be due to growing interest and investment in new cryptocurrencies, often fueled by social media trends and viral posts. The popularity of Shiba Inu coin has also received a boost due to investors’ search for what could be the “next big thing” in the cryptocurrency market. Please note that as with all investments, particularly in the volatile world of cryptocurrencies, potential investors should do thorough research and exercise caution.