#MemeWatch2024
Shiba Inu (SHIB), the cute little doggy and Dogecoin killer, was created in 2020 by someone known as ‘Ryoshi’ with the goal of surpassing #DOGE .

Did it succeed? SHIB is a meme coin that ranks among the top ten cryptocurrencies by market capitalization and features the Shiba Inu, a Japanese dog breed, as its mascot. Shiba Inu Coin is an ERC-20 token based on the Ethereum blockchain.

The success of this meme coin wasn't instant; it grew in value slowly but surely and eventually secured its spot alongside DOGE. The coin's rise was fueled by a strong promo campaign on Twitter (thanks again to Elon Musk and his dog) and other social media, bolstered by actions from Ethereum co-founder Vitalik Buterin.

Of course, the fans of the coin continually support its popularity, helping it maintain its market presence. Shiba Inu (SHIB) started at $0.000000000056 and grew to $0.00003791.

So, what’s the strength of this coin? It’s simple - the sheer amount of money backing it, totaling 1 quadrillion. This means one dollar can be converted into millions of tokens, making it perfect for beginners, but even experienced traders don't overlook it. And let's be honest, that dog is just adorable! 🐕

Always conduct your own market and coin value analysis.

This information is for educational purposes only. Conduct your own analysis before trading.

$SHIB #DOGE #PEPE #MemeWatch2024