Memecoin market becoming trend again as Shiba Inu surges 22% in 24 hour

Shiba Inu (SHIB) comes to meme coins, and Dogecoin, the two cryptocurrencies set the tone for a whole new market that can no longer be ignored. 

Memecoin market becoming trend again as Shiba Inu surges 22% in 24 hour

The whole market is in the green throughout the past 24 hours as Bitcoin's price taps $43k in interesting turns of events as of late. 

Shiba Inu (SHIB), surprised the market today with a massive surge of 22%

it means of the cryptocurrency to more than 34% for the past seven days, and it is now trading at approx $0.00002764.

Source: TradingView

Another interesting thing is that Shib's meteoric rise over the past 24 hours also brought many meme coins. 

Dogecoin is up approx 6.5 % and is ahead by three spots through total market capitalization, sitting at number 11. 

Teddy Doge one of the trending in CoinMarketCap platform is up 31% 

Floki Inu is up 14 % which is the same as another copycat Floki One

Read: SHIB reached an adoption milestone by surpassing 1 million holders