Dogecoin and Shiba Inu are the pioneers of the memecoin market. Both projects have inspired the creation of thousands of memecoins and continue to push the market to new highs. However, both their utility has been called into question over the past year. Due to a lack of applications and use cases, Shiba Inu and Dogecoin risk being overtaken by new presales like Meme Moguls, which offers greater utility than both projects.
Shiba Inu Crashes 12% In January
Shiba Inu is one of the world’s most sought-after memecoins. Initially released as a Dogecoin rival, Shiba Inu has gone on to create a unique ecosystem, recently launching Shibarium, a scalability platform.
Shibarium was a big hit among Shiba Inu holders and has increased the number of Shiba Inutransactions. Since its release, the Shiba Inu developers have hinted at several new collaborations and developments, which has created a feeling of excitement within the Shiba Inu community. However, SHIB’s value hasn’t replicated this fe
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