Shiba Inu (SHIB) Token Prices Fly High, Crypto Meme Competition Is Getting Fierce!

Shiba Inu crypto price goes up high (Bitcoin-Novosti)

JAKARTA – The competition for crypto memes between Shiba Inu (SHIB) and Dogecoin (DOGE) is getting fiercer. The price of the Shiba Inu (SHIB) has skyrocketed 81.4 percent in the last 24 hours. The increase was triggered by a tweet by Elon Musk who posted a picture of a puppy in a Tesla car on Sunday night.

As Musk announced in his Twitter tweet that his dog of the Shiba Inu breed is named Floki. On September 12, Musk also tweeted that "Floki has arrived."

After the Tesla and SpaceX boss tweeted on Sunday night, the hashtag #SHIB suddenly became trending on Twitter. The skyrocketing price of Shiba Inu (SHIB) surpassed DOGE which only rose 18.3 percent in the last 24 hours.

For information, the Shiba Inu token was founded in August 2020 and was dubbed "The Dogecoin Killer" or the Dogecoin killer. This proves that the competition for crypto memes is heating up.

The two developers also continue to improve the utility of each other's cryptocurrencies. Dogecoin is already integrated with the game DogemonGo, it is also reportedly planning to build a bridge between Dogecoin and Ethereum. They are also rumored to be entering the NFT room.

Meanwhile, Shiba Inu has successfully launched ShibaSwap some time ago. Latest information, SHIB developers are designing their own blockchain called Shibarium.

With the rise of the Shiba Inu token, the crypto meme designed by Ryoshi managed to eliminate a single zero in its price, from a price of US$0.00000805 on October 3, 2021 to US$0.00001851 on October 5, 2021. SHIB skyrocketed 81.4 percent in the past day. .

If converted to rupiah, the price of Shiba Inu is still below Rp. 0.1. At the end of 2020, after listing on the US crypto exchange Coinbase, the Shiba Inu (SHIB) token jumped 8,000 percent.