Amid a retail trading frenzy that supported most meme-inspired Cryptoassets, Shiba Inu’s price exploded tremendously. According to Crypto data firm IntoTheBlock, around 71% of those holding the meme-inspired Cryptocurrency Shiba Inu ($SHIB) are currently in a state of profit, while approx 17% are down on their investment. In addition, the trading frenzy led Shiba Inu to become the third-most Googled Cryptocurrency so far this year.