Doge Killer: New Shiba Inu Token aims to piggyback on memecoin frenzy
The new digital token has surged in value so far this week, despite having no fundamental technology underpinning its value
The success of meme-inspired cryptocurrency Dogecoin this year has given rise to several copycat cryptos seeking to piggyback on its sudden success, with one digital coin being more open with its intentions than most.
The Shiba Inu Token, named after the dog breed that also serves as the symbol of Dogecoin, has recently achieved listings on a number of exchanges popular with Chinese crypto investors, Huobi, Binance and OKEx.