Shiba inu coin which appears to be inspired by dodgecoin has just hit an all-time high.

Over the last seven days, Shiba coin which is one of the biggest digital currencies by market value has climbed up more than 40%. The token has gained more than 45 million per cent in the past year.

The meteoric rise of the Shiba Coin has made some investors millionaires overnight. The coin has also won a handful celebrity backers, from former boy band stars to pro athletes.

A petition urging trading platform Robbinhood to list Shiba inu coin has gotten more than 300,000 signatures.

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