A new rumor has surfaced for the popular meme coin Shiba Inu (SHIB). After the rumors, there was a sudden jump in the price of SHIB. Here are the details…
SHIB and Newegg rumors push altcoin price up
Rumors have surfaced that online electronics retailer Newegg will adopt the Shiba Inu. In a cryptic tweet posted by the company late at night, developer Shytoshi and the second largest meme coin tagged its official Twitter account. The tweet read, “Message us. We have a question to ask you.” The Shiba Inu community immediately began to think that Newegg might add SHIB as a new payment option. Cryptocoin. com, the electronics focused company enabled Dogecoin (DOGE) payments in April. In addition, the company was the first to adopt Bitcoin in 2014.
https://twitter. com/Newegg/status/14618475406434426305
Meanwhile, the price of SHIB started to rise. The meme coin, which ranks eleventh with a market capitalization of $26.8 billion, rose from $0.00004386 to $0.00005132 in the last 24 hours. The cryptocurrency has increased by close to 15% in the last 24 hours. However, it has lost 5.8 percent of its value in the last 7 days and 21.6 percent in the last 14 days. The Shiba Inu was created in August 2020 by an anonymous person under the name Ryoshi. The meme token gained momentum and value, with a certain investor community mentioning the coin by prominent figures such as Elon Musk and Vitalik Buterin. SHIB calls itself the “Dogecoin Killer”.
