Shrub crypto (SHRUB) gained 2900% over the past 7 days. Here’s why

• Shrub crypto (SHRUB) inspired by Elon Musk’s pet hedgehog, capturing attention as a meme coin.
• Recently introduced to the world by Elon Musk’s girlfriend, Shivon Zilis, this meme coin ecosystem, and is similar in spirit to Dogecoin and Shiba Inu.
• The Shurb crypto on 15 November was trading at $0.197893 with a 24-hour trading volume of $3,34,98,453.

Ever since Donald Trump won the US elections the crypto market has been abuzz. The crypto market has been raving about the market, with it touching $2.92 trillion at the time of writing. One crypto that has been making news amongst all these cryptos is a little-known Shrub crypto.

The Shrub crypto in the past week has registered gains of over 2900% and over 493933.3% in the past two weeks, making it one of the leading cryptos according to CoinGecko.

What is Shrub crypto?

Shrub crypto (SHRUB) inspired by Elon Musk’s pet hedgehog, capturing attention as a meme coin. Recently introduced to the world by Elon Musk’s girlfriend, Shivon Zilis, this meme coin ecosystem, and is similar in spirit to Dogecoin and Shiba Inu, and aims to leverage social media trends and pop culture for value growth.

Shrub, known for its spiky yet endearing appearance, is now the mascot of a fun and quirky cryptocurrency that aims to combine the whimsical charm of internet memes with the innovative spirit of the crypto community. The Shrub token has a total supply of one billion tokens and follows a decentralized model, with ownership renounced and liquidity burned, indicating no central authority controls its future direction. Trading is available on decentralized exchanges like Uniswap, and the token has seen volatility typical of meme coins, including a recent significant price surge.

How is Shrub crypto faring?

The Shurb crypto on 15 November was trading at $0.197893 with a 24-hour trading volume of $3,34,98,453, according to CoinMarketCap. At the time of writing, Shrub is down 22.77% in the last 24 hours with a live market cap of $18,64,51,088 and a circulating supply of 94,21,81,551 SHRUB coins.

The token was witnessing a positive sentiment in the market. The community sentiment was up by 84%, suggesting that the token has enough backers for the crypto.