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Shiba Inu (SHIB) jumps 40% on Elon Musk’s cryptic endorsement, Coinbase listing By Cointelegraph

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Shiba Inu (SHIB) jumps 40% on Elon Musk’s cryptic endorsement, Coinbase listing

Shiba Inu (SHIB) crept up Friday as traders assessed its addition on Coinbase (NASDAQ:), one of the world’s leading crypto exchanges.

For the first time since June 29th, 2021, the SHIB/USDT rate increased to 16.42% and $0.00000950. This latest rise was part of a bullish trend which began Thursday. SHIB gained more than 26%. In the end, SHIB’s return soared more than 40% after just two trading sessions.

Chart of the daily SHIB/USDT price. Source: TradingView