Shiba Inu was ranked the 12th largest cryptocurrency on CoinGecko by market cap on Thursday after posting a 367% jump in the past seven days.
The Shiba token, which was up more than 70% in the past 24 hours at 10:55 a.m. Hong Kong time got inspired by Elon Musk’s tweet of a picture of his puppy, Floki, synonymous with the token’s symbol.
Shiba now ranks above Litecoin and Avalanche on CoinGecko in terms of market cap.
SHIBUSD is up +19.16%.
