The price of Shiba Inu has surged 36% over the past day, sparking speculation among traders. The rally appears to be driven primarily by trading volume from South Korean exchanges. This contrasts with other dog-themed cryptocurrencies, which have not seen similar gains.
Source
"Shiba Inu Surges on South Korea Trading Volume" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
No announcement or clear catalyst has been identified behind the surge in Shiba Inu's price.