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

목차

Bitcoinist

2024년 3월 6일에 게재된 다른 기사

Electroneum (ETN) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Bitcoin selling intensifies as BTC reaches new all-time high

Bitcoin Nears $70K, Eyes New March ATH; Bonk May Meet Its Match with Uniswap’s New Memecoin

Fetch.ai Price Soars Amid Major Investment: Can FET Surge ’20X’ from Current Levels? Here’s Why T...

Mike Novogratz Doesn't Think Bitcoin Ride To The Top Was Fun Enough: 'Can't Find One Chart In The...

The Coin Republic Partnered with PRNEWS.IO to Expand Brand Exposure in Crypto and Web3 Sectors

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!