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Shiba Inu is one of the biggest meme coins in crypto history. But it had a humble beginning. To give you a better perspective, the meme coin legend has grown 723508.69% over the years, according to CoinMarketCap.
That is an astounding achievement.
As a project that just aims to bring fun and entertainment to the Web3 space, Shiba Inu goes on to prove the exponential capability of meme coins. Many meme coins have been spawned into the crypto market over the last few years, aiming to replicate Shiba Inu’s performance.
But these poor knock-offs have failed miserably.
Clearly, it takes more than just a dog theme and a flimsy ecosystem to power a meme coin force like Shiba Inu.
Analysts are optimistic that Scotty the AI ($SCOTTY) could change history, however. The new meme coin brings more than a dog theme to the market. Fortified with AI and blockchain capabilities, it has emerged to become a crypto sensation in a short space of time.
Remaining faithful to its meme coin roots, Scotty the AI features a dog theme that resonates with the meme coin community. Taking inspiration from iconic meme coins like Doge and Shib, it embraces the spirit of a Scottish Terrier, proudly featuring shaggy, jet-black fur that resembles the night sky’s shimmer.
When it comes to aesthetics, the project has all the meme coin charm to win the attention of speculative investors.
But what about the long-term picture?
Legends like Shiba Inu and Dogecoin may have been able to withstand the market forces to maintain the first and second positions on the meme coin chart. But that alone won’t save new meme coins. They can’t afford to solely rely on theme and hype.
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