This little meme coin could soar higher over the next year.

Shiba Inu ( SHIB 5.48% ) is often regarded as a meme coin rather than a reliable blue-chip cryptocurrency like Bitcoin ( BTC 0.95% ) or Ether ( ETH 4.93% ) . It was created as a parody of Dogecoin (CRYPTO: DOGE) , which itself was a parody of Bitcoin.

However, a $100 investment in Shiba Inu at its earliest trading price in November 2020 would be worth a whopping $2.35 million today. That millionaire-making rally was driven by its early association with Dogecoin, its listings on Coinbase and Binance , Elon Musk's tweets about Shiba Inu dogs, and the broader buying frenzy in meme coins.

That rally boosted Shiba Inu's market cap to $7.3 billion, but it's still tiny compared to Dogecoin, which is wo

See Full Page