Shiba Inu has also experienced increased social media activity, with a 4,110 increase in mentions today. This rise in online discussions reflects a growing interest in the asset.

Shiba Inu (SHIB) price dropped by over 10% to $0.00001641 on May 9 amid a broader crypto market decline. This year, SHIB's returns were 50% below zero, one of the worst performances by a top ...

IntoTheBlock data shows Shiba Inu whale transactions spiked 280.9% while transactions greater than $100,000 expanded from 215 to 577 in a single day. However, daily active addresses dropped 2.7%.

While we’re comparing the two tokens, here’s another point: Dogecoin is low-priced, but Shiba Inu is comparatively much cheaper. At the time of this writing, SHIB traded for .00062 cents.