Shiba Inu price has seen a huge rally in the past week off the back of memecoin-related hype. The SHIB coin has increased by 5.74% in 24 hours and is up more than 30% in the past week. The recent rally in meme coins is likely due to the recent takeover of Twitter by Elon Musk, with speculation about a potential integration with Dogecoin. With the SHIB army confidently behind the project and showing support in the social media space, the popularity of the token has soared. ...Read More: Shiba Inu Price Prediction as SHIB Rockets Up 22% in One Week – Can it 10x in 2022?