Shiba Inu, a spinoff from (SHIB)DOGE() token, which experienced a more than 46% price rise in two days, hit an all-time record. At $0.00003941, the highest price for the trading pair during press time.

The latest price jump of SHIB token is attributed to an ongoing bullish trend from Oct. 15, which helped the cryptocurrency’s value rally by more than 26%. SHIB token’s price has been hovering around $0.00002796 for the past week. Then, it began a bull run that took it to its highest point.