SHIB Shorts Suffer Huge Liquidations, Meme Coin Spikes 19% 
Shiba Inu (CRYPTO: SHIB), an Ethereum (CRYPTO: ETH)-based meme coin, saw a spike in its price after short bets&nbsp;worth nearly $790,000 were liquidated.
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### Instruction: SHIB Shorts Suffer Huge Liquidations, Meme Coin Spikes 19% 

### Response: Shiba Inu (CRYPTO: SHIB), an Ethereum (CRYPTO: ETH)-based meme coin, saw a spike in its price after short bets&nbsp;worth nearly $790,000 were liquidated.