Shiba Inu’s days of being in Dogecoin’s shadow are over as the meme coin project is set to unveil exciting developments or initiatives that could further boost SHIB’s position. A social media post emerged discussing the potential rise of SHIB compared to DOGE, igniting excitement in the community. Although it didn’t mention the specifics, the teaser hinted at something big.
Number 2 today, but the Doge days are numbered. We’ve got the Shiba Army Shibarium and secret wags we can’t reveal yet. Get ready for a new top doggo. Many wows are incoming! SHIB.
Founded by an anonymous person/group called Ryoshi in 2020, inspired by the adorable Shiba Inu dog, the token was partly named after this beloved canine. The latest post was in response to Crypto.com, which has recently put Shiba Inu at the forefront, along with Bitcoin, showcasing the popular meme token on the Google Play Store and App Store, the two most influential and widely used platforms for mobile applications. Crypto.com’s move to promote Shiba Inu on Google and Apple mobile stores, though subtle and understated, will lay the groundwork for increased involvement of digital assets in the mainstream.
Renowned for their volatility and strong community backing, meme coins have recorded a notable surge of interest, particularly between February and March of this year, reminiscent of the meme coin frenzy of 2021. Interestingly, OG meme coins Shiba Inu and Dogecoin have both made a remarkable recovery of 203% and 100%, according to data from crypto market intelligence provider Messari.
Get Ready to Fetch DAMN, Shiba Inu’s Hottest Meme coin
Shiba Inu’s climb in the broader crypto realm, currently ranking among the top 11 altcoins, is a testament to its growing popularity and potential. Lucie’s positive outlook on the possibility of SHIB transforming into a governance token underscores the project’s aspiration to broaden its functionality and strengthen its community’s influence.
Lately, DAMN, the newest meme coin on Shiba Inu’s L-2, has tuned heads as it managed to snatch the top trending spot on DEXTools. The momentum signifies the token’s heightened interest across various DEXes. With a name that says it all, Damn has made quite a mark, faster than anyone says “fetch.” Lucie, a Shiba Inu influencer, suggested the token could reach new heights, urging users to bridge to Shibarium and receive 20 BONE tokens each as a reward.