- Shiba Inu Flips Dogecoin on Twitter
- Shiba Inu now boasts a total of 3,441,546 (3.44M) followers
- Dogecoin is followed by 3,439,826 (3.43M).
Shiba Inu (SHIB) has eclipsed Dogecoin (DOGE) as the most popular canine-themed cryptocurrency on Twitter. This followed SHIB’s extraordinary performance on August 14, 2022 (Sunday), when it increased by more than 30% in a single day. Shiba Inu has overtaken Dogecoin as the most popular cryptocurrency with a canine motif on Twitter, according to real-time data on Twitter follower counts. Shiba Inu now has 3,441,546 (3.44M) Twitter followers, compared to Dogecoin’s 3,439,826 followers (3.43M).
Dogecoin was highly popular in the first half of 2021, but Shiba Inu overtook it as the most well-liked meme token in the second half of the year. When Dogecoin’s price remained constant for several months, the excitement around it subsided, and SHIB fared better in the indices. As a result, Shiba Inu’s notoriety skyrocketed, luring additional new investors to the market.
One of the most ferocious competitions ever witnessed in the cryptocurrency world has been between Shiba Inu and Dogecoin. They compete not only for returns but also for community support. Both digital assets have shown significant community growth over the past year. Nevertheless, Dogecoin has consistently held a lead, particularly in terms of Twitter followers. As SHIB continues to reduce the gap, this could no longer be the case for very long.
Shiba Inu formally honored the anniversary of Ethereum inventor Vitalik Buterin‘s greatest bitcoin gift to a good cause on May 13th. The creator, who had received billions of tokens from the SHIB team, immediately sent the India COVID Relief Fund more than $1 billion worth of tokens or 50 trillion SHIB at the time. This may be one of the triggers for Shiba Inu`s big follow-up in recent times.
