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Shiba Inu (SHIB) Surges 17%: Musk’s Dogecoin Spillover, Lead Developer Buzz and More Factors

Shiba Inu (SHIB) shot up 17.3% over 24 hours to $0.0000096 at press time in the early hours of Wednesday morning. 

It gained alongside well-known meme coins including bellwether Dogecoin (CRYPTO: DOGE), which was up 6.1%. The global cryptocurrency market cap declined 0.9%.

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