Shiba Inu Coin To replace Dogecoin and will hit $0.1 Soon!
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Shiba Inu is one of those mem coins which have been in news and investors discussions since their birth. Though Shiba Inu is a meme token, still it is the third most talked about cryptocurrency after Bitcoin and Ethereum. The growing popularity of Shiba Inu is evident by a survey held last week in the USA, where Shiba Inu was the fourth cryptocurrency that Americans discuss.
Shiba Inu coin has been in the news for its title” Doge killer”, though neither the Shiba army nor Shiba investors claimed that. But the growing popularity of the meme coin prompted the experts and investors to ask whether Shiba Inu will replace the Dogecoin?
Benzinga experts state that Dogecoin has the same technology as Bitcoin, and it looks like copied and pasted from Bitcoin. In comparison, Shiba Inu is a fungible token having ERC-20 standard using the Ethereum network. Due to the Ethereum platform, Shiba Inu can influence decentralized financial (DeFi) products.
The experts at Benzinga explained how the working of the Shiba Inu coin is different from Dogecoin. They said that Dogecoin rewards 10000 to its miners every minute, and that is why its supply is continuously increasing, which ultimately put selling pressure on Dogecoin.

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SHIBA INU – Shib Token – CoinMarketBag