At present, Shiba Inu (SHIB) is trading at $0.00002675, experiencing a slight decrease of 6.5% over the past 24 hours. However, this marginal shift stands in stark contrast to SHIB’s remarkable surge in recent months. With a trading volume soaring by 22% to $915 million and a market capitalization hitting $16 billion, Shiba Inu now occupies the 12th spot in the CoinMarketCap ranking. This significant climb underscores the rising prominence of meme coins and the fervent support from their dedicated communities.