Elon Musk's latest canine-themed tweet didn't pump Dogecoin as much as SHIB

[Tnoy30]

The price of the Shiba Inu token rose 300% in the hours following Musk’s tweet.

Though the price of Dogecoin (DOGE) surged over the weekend to surpass $0.06 again, this time another token based on a cuddly canine benefited from the hype around Elon Musk’s social media posts.

In a Saturday night tweet, the Tesla CEO said he would be getting a Shiba Inu dog for his household. The dog — whose breed is native to Japan — was at the center of the popular meme on which Dogecoin was based in 2013. The meme features the dog looking into the camera with a seemingly confused expression as floating text represents its inner monologue.
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