Meme coins are cryptocurrencies based on memes and get usually developed as a joke. Even though they get classified in a similar class as other prominent cryptocurrencies such as bitcoin, their values and prices have risen significantly this year. Meme coins, such as Shiba INU and Dogecoin, are cryptocurrencies connected with a theme.
As in the case of Shiba INU and Dogecoin is the Shiba INU dog but gets frequently created as a satire, either inside joke rather than as a digitized commodity with real value. Shiba INU is a high-value cryptocurrency that uses a Japanese hunting dog species, Shiba, as its logo.
Shiba Inu Competition With Dogecoin
Shiba INU get generally recognized as a Dogecoin competitor. The supporters refer to Defi meme projects like Shiba as “the Dogecoin slayer.” Meme coins are cryptocurrencies influenced by the Internet and social networking memes or jokes.
Musk’s cryptic statements often result in increased unpredictability in the cryptocurrency market since he is one of the most high-profile promoters of Dogecoin, as well as the self-proclaimed “Doge-father.”
The very first meme coin that emerged in this era is Dogecoin. While Dogecoin got established in December 2013, an unidentified person or organization developed Shiba INU in August 2020. In October 2021, Shiba INU’s price rose more than ten folds.
This increase in its value and price gave Shiba a marketplace worth $35 billion. This achievement was worth placing Shiba INU at the tenth position among all cryptocurrencies by this criteria.
The Reason Behind the Popularity of Shiba Blaster Coins
We all know about the hype of Shiba Blaster INU coins, Maybe no one was expecting any beneficial results from these meme coins, and then suddenly, it’s surprising, everyone. The outcome of keeping the Shiba Blaster INU coins was beyond everyone’s expectations, so it became popular rapidly. It proved as a game-changer for the investors.
They earn a handsome amount through Shiba Blaster INU. It also beat the other crypto in the previous year. Especially in 2021, Shiba Blaster INU did so well and good, and it was the best year for the investors of Shiba Blaster INU coins.
You can gain money too if you invest in Shiba Blaster INU. You can increase the amount of money by trading and stacking Shiba Blaster INU coins.
So, now many traders are waiting to conclude whether Shiba INU will fulfil the expectations of this expanding network of followers! And the followers of Shiba are also known as the SHIBA army, becoming “the Dogecoin killer.”
And it is also a fact that in October 2021, Shiba INU became the Dog’s tail as its Price skyrocketed. Shiba has had its ups and downs in the last weeks. Some shareholders who do not get it sell their shares. On the other hand, those with golden hands get always rewarded in crypto.
While carefully considering all the stats, you can see that SHIB has had a solid pace of sustainable development in just the last week. That is crucial in trusting and recognizing that this business has life and can be scaled. Shiba has been tracking. Bitcoin’s dramatic fluctuations and maintaining its own, edging up slowly and steadily and doing its own business. Value of Shiba Blaster coins: