Shiba Inu Says Reports of Its Death 'Greatly Exaggerated' as SHIB Explodes 22% in a Week — What's Driving the Surge?

Shiba Inu (CRYPTO: SHIB) surged to a two-month high on Sunday, sparking a flurry of memes from the cryptocurrency’s official X account about how relevant and promising it still is. The Shiba Inu account posted a cartoon on X, showing an emboldened Shiba Inu mascot and a terrified brown bear —symbolizing bear markets.