What Else Is Driving Demand for Shiba Inu Puppies? The Shiba Inu Coin Craze

Breeders claim that the popularity of Japanese hunting dogs has increased by 800% since the cryptocurrency boom.

It makes sense: Just as the price of dog-inspired cryptocurrency Dogecoin and Shiba Inu coin has exploded, so has demand for—what else?—living, breathing shiba inus. Virtual life is becoming more and more similar to real life.

While the shiba inu-themed cryptocurrency Dogecoin experienced a surge in popularity last summer, its market value has lately been surpassed by the Shiba Inu coin, which has a little less original moniker. Although a coin still only costs a minuscule fraction of a cent, it seems like a joke but is incredibly valuable, with investors driving up its price by roughly 800% in the previous month.

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