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
You know what everyone loves? Dogs.
You know what else everyone loves? Memes.
Now, put them together and voila, you have the market’s fabled meme coins. Now, Dogecoin may be one of the market’s oldest meme coin. However, of late, one can argue that Shiba Inu Coin [SHIB] has overshadowed DOGE on the charts and rankings.
Everyone loves dogs, right? Perhaps, everyone likes Shiba Inu dogs too? Now, let’s associate that dog with crypto. Thinking about Dogecoin? Well, nobody can blame you. However, is a small part of you thinking about SHIB too? Well, bingo. You know why, because one would argue that SHIB today is bigger than DOGE on the price charts.
The most famous meme coin after Dogecoin, Shiba Inu Coin is only the second meme coin, after DOGE, to be among the top 15[1] cryptocurrencies. Marketed as a Dogecoin killer, Shiba Inu (SHIB) was created by an anonymous cryptocurrency developer in August 2020. SHIB has continued to grow in these 2 years, eliciting positive responses from industry giants such as Elon Musk and Vitalik Buterin.
Since its launch, the altcoin has maintained a rivalry with DOGE, even though the latter continues to grab a larger share of the market.
SHIB is an ERC-20 coin that runs on the Ethereum blockchain and it aims to compete with, and possibly outpace DOGE. Its developers call it “the Dogecoin killer”. Many who missed out on the DOGE craze are now betting on SHIB, curious to experience the next best thing among the meme coins.
Shiba Inu has been known to be a disrupter when it comes to management and
