Shiba

Kusama

Dogecoin

Shiba Inu

Pseudonymous Shiba Inu lead developer, <a href="https://bitcoinist.com/shiba-inu-lead-dev-says-its-time-to-showcase-power/">Shytoshi Kusama</a> has reignited the rivalry between Shiba Inu and Dogecoin by making a controversial statement underscoring SHIB’s dominance over <a href="https://bitcoinist.com/dogecoin-out-of-top-10-crypto/">DOGE</a>.&nbsp; 
<h2 id="shib-remains-a-formidable-doge-contender">SHIB Remains A Formidable DOGE Contender</h2> 
In an X (formerly Twitter) post published on Monday, March 4, Kusama <a href="https://x.com/shytoshikusama/status/1764533625360470461?s=46" rel="nofollow" target="_blank">rekindled</a> discussions about Shiba Inu’s renowned title as the “Dogecoin Killer”, emphasizing SHIB’s notable performance in the crypto market recently.&nbsp; 
The Shiba Inu lead developer had stated that SHIB still maintains its status as the <a href="https://bitcoinist.com/shiba-inu-coinbase-bitcoin-dogecoin/">Dogecoin killer</a>, concluding the controversial statement with the affirmation that “nothing has changed.” 
Recently, the crypto market has been <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-memecoins-3000-spike-volume-rally/" rel="nofollow noopener" target="_blank">dominated by the bullish momentum of meme coins</a>. In particular, Shiba Inu has emerged as one of the standout performers in recent weeks, shedding a zero in its price and making bullish waves across the market.&nbsp; 
Additionally, Dogecoin has recently <a href="https://bitcoinist.com/dogecoin-price-highest-level/">experienced a significant rally</a>, recording a 120.42% gain in the past month and a substantial 78.28% increase over the last seven days. Although the <a href="https://www.newsbtc.com/news/dogecoin/massive-rally-dogecoin-price-1/" rel="nofollow noopener" target="_blank">price of the DOGE</a> has seen a minor dip of 3.72% in the last 24 hours, its current value still stands at $0.17, according to CoinMarketCap. 
Conversely, Shiba Inu has <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-just-ballooned-to-124-whats-pushing-the-price-up/" rel="nofollow noopener" target="_blank">witnessed an exponential surge</a> in its price. With a remarkable 309.73% price increase in the past month, the cryptocurrency has solidified its position among the leading <a href="https://www.newsbtc.com/news/why-shiba-inu-pepe-dogecoin-are-far-from-done/" rel="nofollow noopener" target="_blank">meme coins</a> in the space.&nbsp; 
These price increases have prompted the reemergence of the historical rivalry between <a href="https://www.newsbtc.com/analysis/doge/dogecoin-price-soars-25/" rel="nofollow noopener" target="_blank">DOGE</a> and <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-see-a-2100-run/" rel="nofollow noopener" target="_blank">SHIB</a>. At the time of writing, Shiba Inu’s total market capitalization is estimated at $21.4 billion, while Dogecoin sits at 24.8 billion, reflecting a 3.61% decline in its overall market cap. 
Earlier in October 2021, SHIB surpassed Dogecoin’s market capitalization, achieving a milestone valuation of $43.5 billion compared to Dogecoin’s $38 billion. Should the doggy-themed SHIB token persist in its recent upward trend, it could potentially push its market capitalization higher, reaffirming its status as the “Dogecoin killer.” 
<h2 id="shiba-inu-bulls-charge-ahead">Shiba Inu Bulls Charge Ahead</h2> 
Previously on Tuesday, March 5, <a href="https://bitcoinist.com/what-to-expect-from-shiba-inu-shib-price-today/">Shiba Inu’s price</a> marked a two-year high, surging past major meme coins in space to <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-price-skyrockets-heres-why/" rel="nofollow noopener" target="_blank">reach a price above $0.000045.</a> However, the cryptocurrency later retraced some of its gains and is currently trading at $0.000036.&nbsp; 
Despite the minor correction, the cryptocurrency has recorded parabolic gains, exceeding $235.95% in the last seven days and boasting a 24-hour trading volume of more than $12.3 billion. Kusama has also <a href="https://bitcoinist.com/shiba-inu-lead-dev-shib-name/">highlighted</a> the cryptocurrency’s significant price increases, emphasizing a recent milestone where the crypto flipped the combined volume of prominent cryptocurrencies such as <a href="https://bitcoinist.com/xrp-price-face-melting-rally/">XRP</a> and <a href="https://www.newsbtc.com/news/solana/solana-predicts-push-to-600/" rel="nofollow noopener" target="_blank">Solana</a> by a billion.&nbsp; 
As one of the <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-blasts-into-top-10/" rel="nofollow noopener" target="_blank">top-performing </a>cryptocurrencies in the space, SHIB is poised to experience more gains, with various <a href="https://bitcoinist.com/shiba-inu-price-100-0-0001/">analysts predicting</a> that the price of the cryptocurrency could potentially shed more zeros to achieve a value above its all-time high of $0.00009. 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/uRFmta0O/" alt="Shiba Inu price chart from Tradingview.com" width="3286" height="1530">

Shiba Inu Is Still The Dogecoin Killer, Lead Dev Says

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