What exactly is happening with Shiba Inu?

Shiba Inu (SHIB/USD) has recovered by more than 10% in the past week. The gains come as investors develop a risk-on sentiment around meme tokens. Dogecoin is already riding on positive sentiment. Investors are curious whether its sister Shiba Inu will make similar moves.
Shiba Inu has endured a difficult spell as the price has been largely bearish. As of press time, the meme token was trading at $0.000011, recovering from a drop to $0.0000098. The gains came when the crypto exchange Bitstamp lis