Shiba Inu aspires to be an Ethereum-based alternative to dogecoin (DOGE), the world’s biggest and most popular memecoin with a market cap of over $33 billion The second biggest memecoin, Shiba Inu (SHIB), surged more than 35% on Friday, after US-based Coinbase said its customers can trade, send, receive, or store SHIB on its platform. A memecoin is typically a cryptocurrency that is associated with some theme, often as a joke rather than a serious product. SHIB was trading at $0.00000900 or 33.5% higher at around 12.15pm IST, as per CoinGecko, a digital currency price and information data platform. The token has a market capitalization of around $4.47 billion. Shiba Inu aspires to be an Ethereum-based alternative to dogecoin (DOGE), the world’s biggest and most popular memecoin with a market cap of over $33 billion. The token was also trading higher by 4% at $0.253684. Shiba Inu is a breed of hunting dog from Japan, and the coin, which carries its name, is nicknamed the “