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Is Shiba Inu the 'Dogecoin killer'?

Ryoshi has promoted the coin’s ‘Dogecoin killer’ nickname, arguing that SHIB’s technology is more ‘community-driven’ than its counterpart, which uses the Shiba Inu as its mascot. And Ryoshi has heralded its minuscule worth.

What is Shiba Inu?

Shiba Inu is a decentralized cryptocurrency that was created in August 2020. The currency was created as a parody of Dogecoin, and its logo is based on the popular “Doge” meme. However, unlike Dogecoin, which was created as a joke, Shiba Inu has a serious team of developers behind it who are working to make it a top-tier cryptocurrency.

Is Shiba Inu a good mascot for Dogecoin?

Dogecoin’s mascot is a Shiba Inu dog, so the current crypto SHIB has shamelessly plagiarised the meme currency in order to soar on its bandwagon. Since exponential growth is popular among newly launched cryptocurrencies, the surge should not come as a surprise and should be the only reason to invest in this coin.

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