Shiba Inu (CRYPTO: SHIB), a meme coin created as a parody of Dogecoin (CRYPTO: DOGE), has seen a remarkable increase in value, turning a $100 investment in November 2020 into $2.35 million today, fueled by its association with Dogecoin, listings on major exchanges like Coinbase and Binance, and endorsements from celebrities like Elon Musk.