Shiba Inu vs Dogecoin: Expert Del Crxpto Contrasts the Creation and Evolution of the Two Memecoins

著名的 Shiba Inu 社区领袖兼专家 DelCrxpto 对比了 SHIB 和其主要竞争对手狗狗币 (DOGE) 的初期创建和演变。

Popular Shiba Inu community figure and expert Del Crxpto has highlighted the contrasting origins and trajectories of SHIB and its main rival, Dogecoin (DOGE). In a recent tweet, Crxpto pointed out that Dogecoin was initially created as a joke by its pseudonymous founder, Billy Markus. In contrast, Shiba Inu, which was created seven years later, had a more serious purpose, according to the expert. Billy Markus launched $DOGE as a joke…However, @Shytoshi Kusama is not playing around. —Del Crxpto (@DelCrxpto) June 14, 2024 The statement suggests that while Dogecoin started as a memecoin, Shiba Inu, which is being steered by Kusama, is a** serious project**. Dogecoin vs. Shiba Inu: A Tale of Two Memecoins The crypto community has been debating which of these memecoins, DOGE or SHIB, will ultimately become a major player in the crypto space. For the uninitiated, Dogecoin was launched in December 2013 by two software engineers, Markus and Jackson Palmer. Despite being launched as a **"joke"** token, it quickly gathered a large online community, which includes top business leaders like Elon Musk. However, Shiba Inu was launched seven years later, in August 2020, by a pseudonymous figure named Ryoshi. SHIB, which was initially launched as a **"joke"** to counter Dogecoin, aimed to dethrone Dogecoin, earning it the title **"DOGE Killer."** After Ryoshi left the community in 2022, Kusama stepped in to lead Shiba Inu, vowing to carry out the pseudonymous founder's vision. Since the announcement, Kusama has led the development of several projects in the Shiba Inu ecosystem, focusing on shedding the cryptocurrency's memecoin label. Currently, the Shiba Inu ecosystem boasts a Layer-2 blockchain, a mobile game, a decentralized exchange (DEX), and both fungible and non-fungible tokens. The team is also working on several other initiatives, including integrating its mobile game, Shiba Eternity, with Shibarium and advancing its metaverse project. It also aims to launch a Layer-3 privacy blockchain soon. Dogecoin Continues to Outperform Shiba Inu Despite Kusama's efforts to realize Ryoshi's vision, Shiba Inu still trails Dogecoin in the global crypto and memecoin rankings. With a market cap of $18.13 billion, DOGE is ranked as the ninth-largest cryptocurrency and the top memecoin by valuation. Meanwhile, Shiba Inu has a valuation of $10.35 billion, making it the 12th-largest cryptocurrency and the second-largest memecoin. Moreover, while SHIB is down 4.93% in the weekly charts, DOGE secured a slight increase of 0.24% in the same timeframe.

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