The latest surge in Shiba Inu’s price has put it closer to its rival Dogecoin, with a remarkable 20% price increase. This explosive performance has attracted the attention of traders and investors. Shiba Inu’s current price improvement against USD indicates growing interest in the meme-inspired cryptocurrency. Market analysts are keenly monitoring the situation, speculating about the factors contributing to this rally. As the competition between meme coins intensifies, Shiba Inu’s strong performance raises questions about its sustainability and future positioning within the crypto market. Will Shiba Inu continue this upward trend and eventually exceed Dogecoin’s market performance? This scenario adds excitement to the ongoing competition in the meme coin arena.