The latest price jump of SHIB token<\/strong> is attributed to an ongoing bullish trend from Oct. 15, which was followed by a week-long support at roughly $0.00002796.<\/p>\n Shiba<\/a> Inu<\/strong><\/span> (SHIB), a spin-off to Dogecoin<\/strong><\/span><\/a> (DOGE) token, reached an all-time high following a price surge of more than 46% in just two days. The SHIB\/USD trading pair was valued highest at $0.00003941 during press time.<\/p>\n The latest price jump of SHIB token is attributed to an ongoing bullish trend from Oct. 15, which helped the cryptocurrency\u2019s value rally by more than 26%. Since Oct. 17, SHIB maintained week-long support at roughly $0.00002796 before resuming to bull run to its all-time high.<\/p>\n In the last seven days, Shiba Inu\u2019s market value<\/strong> surged over 50% and currently stands as the 13th biggest cryptocurrency in terms of market capitalization, just three positions away from Dogecoin<\/strong>.<\/p>\n Currently, Shiba Inu<\/strong> holds the biggest circulating supply of nearly 395 trillion. Back in September, the Dogecoin-inspired token jumped 40% after Elon Musk<\/strong><\/a>, CEO of Tesla<\/strong>, tweeted about the arrival of a new Shiba<\/strong> Inu puppy called Floki.<\/p>\n\n\n