Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
Everyone loves dogs. Everyone loves memes too. Now, put them together and what do you get? Well, memecoins, of course.
Now, Dogecoin may be one of the market’s oldest meme coin. However, it would seem that more often than not, SHIB has been stealing the OG memecoin’s thunder on the charts.
You know why, because one would argue that SHIB today is bigger than DOGE on the price charts. And no, that’s not fake news or a meme in the making.
Do you know that the Shiba Inu coin, along with Dogecoin, are the only meme coins today to be counted among the top 15 cryptocurrencies worldwide? Touted to be a “Dogecoin killer,” Shiba Inu (SHIB) was created in August 2020 by an anonymous cryptocurrency developer. Over the past two years, SHIB has grown to increasingly new heights, with tech moguls such as Elon Musk and Vitalik Buterin cheering the coin’s success.
<p lang=«en» dir=«ltr» xml:lang=«en»>Big thanks to the Shiba Inu community, whose cryptocurrency made these fellowships possible!— vitalik.eth (@VitalikButerin) July 20, 2022
Built on the Ethereum blockchain, SHIB is an ERC-20 token that gives a tough competition to DOGE, the pioneering memecoin itself.
The token has been considered a strong competitor of Dogecoin since it was launched in the market. Many who missed out on the DOGE craze are now betting on SHIB, curious to experience the next best thing among the meme coins.
Not unsurprisingly, this crypto venture began with a sheer love for Shiba Inu dogs, starting from zero in the spirit of creating zilch. Today, it has become a force to be reckoned with in the
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