Shiba Inu entered the top 20 largest cryptocurrencies by capitalization. Over the past week, the "meme" cryptocurrency has risen in price by 212%, and its market valuation has reached $14.4 billion. The Shiba Inu token took the twentieth place in the list of the largest cryptocurrencies by capitalization, according to CoinMarketCap. The market valuation of the "meme" cryptocurrency exceeded $14.4 billion. Over the past day, Shiba Inu has risen in price by 68%. At 12:30 Moscow time, the token is trading at $0.00002193. The growth for the week was 212%. On October 5, Shiba Inu became the most popular token on the largest US crypto exchange Coinbase. The daily trading volume of the "meme" cryptocurrency on the site reached $1.3 billion, increasing the result of bitcoin. On October 6, the daily trading volume of Shiba Inu on Coinbase exceeded $1.8 billion.After the value of the altcoin began to rise sharply, one of the major holders transferred Shiba Inu worth more than $83 million from one address to another. The transfer fee was $46. This "whale" acquired 6.1 trillion Shiba Inu coins at the end of September, paying approximately $43.8 million. Thus, in a week he received about $74 million of "paper profit"."Whales" are called large holders of cryptocurrencies.The Shiba Inu token is called the "Dogecoin killer" by its creators. The project's website says that its main task is to surpass the capitalization of Elon Musk's favorite cryptocurrency. The developers of Shiba Inu claim that they were inspired by the example of the Reddit community WallStreetBets, which artificially inflated the value of shares of GameStop, AMC and other unprofitable companies.