$BTC
$BTC — The rise and momentum of meme coins (or memecoins) in the crypto world show no signs of slowing down. Their success isn’t driven by real-world utility, but rather by the power of strong, passionate communities behind them.
In this article, we’ll explore whether SHIB has a meaningful purpose, the story behind Shiba Inu’s massive total supply, and its ongoing rivalry with Dogecoin.
Shiba Inu, the Japanese dog breed that inspired Dogecoin’s branding, became the face of a new token in 2020 when a mysterious figure or group known as Ryoshi launched SHIB. What began as a meme quickly gained traction, especially during its explosive growth in 2021, positioning SHIB as Dogecoin’s biggest competitor—surpassing other dog-themed tokens like Floki Inu, Akita Inu, and Dogelon Mars.
