HomeNewsShiba Inu Sets Sights on Doge: 'Much Wows Incoming' with 'Secret Wags'

Shiba Inu Sets Sights on Doge: ‘Much Wows Incoming’ with ‘Secret Wags’

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  • With the support of its community and advancements beyond meme status, Shiba Inu aims to surpass Dogecoin.
  • Past attempts and current efforts highlight SHIB’s relentless pursuit and evolving utility in the crypto space.

With their announcement that they want to surpass Dogecoin, the Shiba Inu team has started a fascinating competition in the meme-focused cryptocurrency space.

This audacious objective is being set soon after CryptoCom named SHIB the second most valuable meme coin; the Shiba Inu team views this ranking as merely a prelude to their ultimate goal of dominating the market.

SHIB Increases Dogecoin Rivalry

A long-running story in the cryptocurrency world is the rivalry between Shiba Inu and Dogecoin, but new statements from the Shiba Inu camp have escalated this conflict. Their confident declaration, “[Number] 2 today, but the Doge days are numbered,” clearly casts doubt on Dogecoin’s hegemony.

Recently, though it still lags behind Dogecoin by over $3 billion, SHIB entered the top 10 cryptocurrencies earlier in the month because of the enthusiastic and devoted Shiba Inu Army.

Shiba Inu’s goal of surpassing Dogecoin is not a very new one. SHIB briefly surpassed Dogecoin in a noteworthy spike in late October 2021, reaching its peak value.

However, Dogecoin recovered and was once again ranked in the top 10 cryptocurrencies, while Shiba Inu had a slight decline. To explore this development in more depth, you can watch the YouTube video below.

Evolving Beyond a Meme Coin

More than just community support exists for Shiba Inu’s most recent campaign. Shiba Inu’s expanding usefulness, which goes beyond its origins as a meme coin, is the team’s main emphasis and offers hope for longer-lasting advancement.

The next blockchain ecosystem called Shibarium as well as other as-yet-unannounced projects called “secret wags” should strengthen Shiba Inu’s position in the cryptocurrency space, as formerly reported by ETHNews.

Meanwhile, the SHIB price has dropped in the last 24 hours and 7 days, by 0.60% and 19.73%, bringing it to $0.00002554.

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Syofri is an active forex and crypto trader who has been diligently writing the latest news related to the digital asset sector for the past six years. He enjoys maintaining a balance between investing, playing music, and observing how the world evolves. Business Email: [email protected] Phone: +49 160 92211628