Shiba Inu (SHIB) Meme Token Chief Slams Rival Meme Tokens PEPE, DOGE, & WIF – Bitcoinik
SHIB chief Lucie deciphers Shiba Inu’s benefit over its youthful friends as canine cryptos battle for dominance.
Shiba Inu ($SHIB) is a well-liked meme crypto token that gained important consideration in the course of the bull part of 2021, following a tweet by Elon Musk, one of many richest personalities. At the moment, Dogecoin (DOGE) was trending worldwide beneath Musk’s affect, which helped SHIB achieve huge consideration. Nonetheless, SHIB is not simply a part of the meme tradition, as its management has launched a number of modern crypto tasks to carry sensible use circumstances for the token.
Just lately, Shiba Inu token chief Lucie took to X (previously Twitter) to debate the recognition of recent meme tokens, which he believes are usually not as robust as Shiba Inu.
Lucie expressed his disapproval of evaluating any token to SHIB based mostly on minimal achievements, calling it deceptive to assert a token’s success merely due to “SHIB people behind it.”
He emphasised that actual belongings tied to SHIB embody BONE, LEASH, SHIB, Shib the MV, Shiboshis, and the upcoming $TREAT token, set to launch within the coming months.
Lucie highlighted the continuing efforts of SHIB’s neighborhood in supporting and constructing the ecosystem, noting that true loyalty and dedication are evident on this house. He suggested individuals to concentrate on statistics and blockchain information, dismissing different claims as mere noise.
On-chain information confirmed that in March 2024, Shiba Inu almost matched Dogecoin in international crypto rankings, hitting a peak worth of $21.7 billion. Each communities have 3.5 million followers on X. Nonetheless, Shiba Inu and Dogwifhat have since dropped over 70%, whereas Dogecoin noticed a much less risky 57% decline, although it underperformed in the course of the meme coin rally.
Shiba inu worth motion
The present commerce worth of Shib token is $0.000013 & this worth is 36.5% down during the last 3 months of interval.
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