The Shiba Inu wave proceeds to expand worldwide. Randi Zuckerberg, the sister of Mark Zuckerberg, the CEO of Meta is the latest to jump onto the SHIB wagon. In a recent video, Randi Zuckerberg addressed the emergence of the meme coin.
The crypto-verse managed to amass the recognition it deserves. The industry’s growth in value and popularity has been impeccable. Bitcoin [BTC] and several other assets certainly paved the way for relatively new coins like Shiba Inu. Grappling in a slump, SHIB and all the other assets were seeking some sort of reconciliation with the bulls.
At the time of writing, SHIB was trading for as low as $0.00003796 with a 9.31% drop in the last 24-hours. For the first time in weeks, Bitcoin had drowned below the $50K zone falling to a low of $48K, during press time.
Despite this setback, SHIB managed to bag the endorsement of Randi Zuckerberg,
Randi Zuckerberg talks crypto
In her latest YouTube video, Zuckerberg spoke about the sudden flourishing of meme coins. Starting off with Dogecoin [DOGE], she pointed out how the asset grew to popularity during the pandemic. Following this, she introduced Shiba Inu as the “Doge killer.”
Further addressing the rivalry between Dogecoin and Shiba Inu, she stated,
“I didn’t even know there was room for one of those, but apparently, there’s room for two.”
Along with this, she asked her viewers to not pour all their money into one asset and rather maintain a portfolio. While meme coins are a fun choice, large investments into the same would be a bad idea, she noted.
Previously, she also posted a video explaining the origin of Dogecoin.
It’s no news that SHIB is garnering a lot of attention. From healthcare services to cinemas, almost every firm seemed to be eager to onboard the meme coin notwithstanding its volatility.
