Shiba Inu (SHIB) Is No Longer Classified as a Memecoin

Bitcoinlfg no longer classifies Shiba Inu (SHIB) as a memecoin.
It will remove the crypto from its memecoin list.
SHIB is offering many exciting new services and platforms to the community.

The popular crypto tracking platform — Bitcoinlfg, declares Shiba Inu (SHIB) to no longer be a memecoin. That’s right, the popular crypto that rose to fame as a rival memecoin will no longer be classified as such.

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In fact, BITCOINLFG says it will remove Shiba Inu (SHIB) from its memecoin list. Certainly, it seems that Shiba Inu’s journey as a rival memecoin to the original memecoin Dogecoin (DOGE) has come to an end.

However, this only means that the majority of the crypto community and the rest of the world is beginning to recognize SHIB as a serious crypto and digital asset. In turn, this is a great and proud moment for Shiba Inu (SHIB) fans worldwide.

Recently, Shiba Inu (SHIB) has been making headlines and blasting through expectations everywhere. At the moment, Shiba Inu has gone above and beyond by surpassing 1,200,000 total on-chain holders.

This comes as no surprise considering how many new crypto investors have begun to invest in SHIB in the last few months alone. In fact, 92% of Coinbase users bought Shiba Inu (SHIB) in just the last week or so.

Besides this, Shiba Inu has created increasing buzz over the last few days. After all, it has only been a few days since it announced the upcoming launch of its blockchain’s public testnet arrival in Q3 2022.

Along with these exciting new announcements, Shiba Inu is ready to bring a whole new suite of platforms to meet the expectations of the crypto and SHIB community. For instance, it will bring Shibarium, its L2 blockchain. Adding on, it will soon launch its stablecoin SHI and its reward token TREAT.

Eventually, Shiba Inu will introduce its very own metaverse as well as SHIBA WOOF, the Shiba card game. While the brand is wishing they could launch all this sooner, they are doing their best to bring it all out as soon as possible.

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Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.