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Shiba Hits 1 Million Users — What’s Next For the Memecoin? -Breaking


Breaking: Shiba Hits 1 Million Users — What’s Next For the Memecoin?
  • Record 1,000,000 users
  • Shiba Army is growing day by day.
  • Now, how is Shuba Inu going to get on?

Shiba Inu continues to be a meme coin that amazes the crypto community. Shiba Inu, after its previous successes has set yet another milestone. The number of SHIB users has reportedly reached 1 million!

However, the path that Shiba Inu took hasn’t always been a smooth one.

In the earlier stages of Shiba Inu, its marketing strategy mostly focused on being Dogecoin’s (DOGE) rival. Bill Markus, the founder of Shiba Inu, took to Twitter (NYSE 🙂 to complain that the Shiba Army had been constantly harassing his work.

The ‘dog fight’ intensified which somehow led the community’s attention to the rivalry between the two. According to reports, Shiba Inu wanted to compete with Dogecoin — given that it’s the first successful meme coin with its blockchain infrastructure. Even so, the community can’t seem to decide which one is better between the two.

Vitalik Buterin was also the founder of SHIB. He donated SHIB’s funds to India in order to combat COVID earlier in 2021. Although the sudden decision was shocking to many, they later saw it as part of a charity initiative that the brand had.

Yet, ShibaInu survived despite all of these challenges and decided to put his efforts into its ecosystem. Shiba Inu focused on the company’s crypto products such as Swap, DeFi and NFTs. There are many other possible projects in the future. What’s more, Shiba Inu also took a step in supporting arts and animal rescue as well.

Now, people are asking “What’s next for Shiba Inu?” Will Shiba Inu continue their success story and break apart from DOGE to become their tokencomic? What story will Shiba tell?

In summary, Shiba Inu, Dogecoin, and Dogecoin may be very similar in terms of their individual characteristics, but they each have their own paths. Therefore, the public is requesting that Shiba inu and Dogecoin become distinct entities.

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