Shiba Inu passes Dogecoin as top 'dog' in cryptocurrency

This mobile phone app screen shot shows the logo for Dogecoin. The recent trading frenzy over a digital token called Shiba Inu — commonly billed as a 'meme' or joke coin — has vaulted the canine-themed cryptocurrency into the top ten most valuable digital assets by market value, hitting US$40bil and surpassing its cousin and apparent inspiration, Dogecoin. — AP

SILVER SPRING: Cryptocurrency has officially gone to the dogs.

The recent trading frenzy over a digital token called Shiba Inu – commonly billed as a "meme” or joke coin – has vaulted the canine-themed cryptocurrency into the top ten most valuable digital assets by market value, hitting US$40bil (RM165bil) and surpassing its cousin and apparent inspiration, Dogecoin.