Anna Martynova

As soon as Dogecoin started to turn into a large-cap cryptocurrency, it inspired the creation of a new generation of coins. One of the most popular imitations, Shiba Inu (SHIB), set a new all-time high over the weekend. Its price continues to rise after listing on popular crypto exchanges. There are also other clones, including Kishu Inu (KISHU), UnderDog (DOG), DogeCash (DOGEC), Doge Token (DOGET), renDOGE (RENDOGE), and DogeFi (DOGEFI).

On May 10, KuCoin announced the listing of Shiba Inu (SHIB) on its platform. Binance has added a meme coin to its innovation zone, which allows users to connect to new tokens. When new tokens prove their stability, they will be fully integrated into the platform. Huobi Global, OKEx and BitForex have also added SHIB to their listings.

According to market data, the token has grown by over 940,000% since its creation. It also hit its all-time high over the weekend, rising above $0.0000195. At the time of this writing, the digital asset has grown to $0.00003263, an increase over the past 24 hours was more than 20%. According to CoinMarketCap, SHIB has a market cap of $12.78 bln.

Image: InvestorPlace

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