If you’re into cryptocurrency, you’re probably already aware of the fever and buzz around SHIB, or Shiba Inu Coin. SHIB is supported by a huge and loyal community (ShibaArmy). With 43 million more views than Bitcoin, it was the most popular cryptocurrency in 2021.
If you’re not familiar with Shiba Inu, it’s an Ethereum-based altcoin or meme coin with the Shiba Inu as its mascot.
The Shiba Inu became a household name in October 2021, and its price more than doubled. As SHIB’s popularity and market value grew, more crypto exchanges began to accept it for listing.
Meme coins are a type of cryptocurrency similar to Bitcoin and Ethereum. Meme coins, however, are usually created as a tribute to a meme, which is an amusing or funny notion recorded in an image, video, or other kind of media. Meme coins, like the memes they’re based on, are intended to go viral and be shared.
For the longest time, Dogecoin has been considered the standard Memecoin. And it is indeed true that Dogecoin is higher in value today than SHIB, but in the recent times SHIB has been gaining considerable popularity and the biggest proof of it perhaps is its rapidly burgeoning Twitter community.
Dogecoin twitter account was created in 2013 and has 3.4 Million followers as of today.
But Shiba Inu Coin twitter account, which was created in February 2021, is already standing at 3.4M followers in such a short amount of time.
Therefore, it is safe to assume that it will very soon, surpass Dogecoin in followers and become the most popular Memecoin on the platform.
In February of 2022, ShibaArmy or Shiba Community was ranked among the top 5 most active crypto communities on Twitter.