🐶 SHIB: DOGE'S COMPETITOR 🐶

🐕 $SHIB (Shiba Inu) is a cryptocurrency that emerged as a parody of $DOGE (Dogecoin). It is based on the Ethereum platform and uses the Proof of Work (PoW) consensus algorithm.

🪙 Symbolizing a recognized meme coin, its supply of 1 quadrillion tokens leaves something to be desired as the only one to have this supply, which was initially distributed through an initial coin offering (ICO) and later listed on cryptocurrency exchanges.

🔴 Having an engaged community, SHIB is no different from other meme coins and needs speculation/hype to increase its price.

🥊 The similarities between SHIB and DOGE are the symbolism of the Shiba dog, its interactive and active community.

👨‍💻 The differences are that DOGE uses the Proof of Work (PoW) consensus algorithm, while SHIB uses the Ethereum consensus algorithm. Meanwhile, DOGE has a total supply of 132B, while SHIB has 1 quadrillion tokens. 💰 With a low cost and listed on several exchanges, Shiba Inu offers investors a meme coin just for entertainment, and if possible with a profit in their pocket. Market capitalization: 13B Total supply: 1 Quadrillion Circulating supply: 589T Price: $0.00002299 So, what did you think of the post? Is SHIB an alternative to DOGE? 🤔 Leave your comments and suggestions. I will answer as much as possible

See you soon and happy investing 😁