The new Dogecoin or what is Shiba Inu ⠀ Shiba Inu is an Ethere | Cryptology News Channel

The new Dogecoin or what is Shiba Inu
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Shiba Inu is an Ethereum-based meme token named after a dog breed.
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The creator of the token calls the project a Dogecoin killer and says that its main goal is to move Dogecoin off the pedestal and take its place.
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An interesting feature of the project is that they named the White Paper document as "woofpaper".
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The founder of the Ryoshi project aims to create the best decentralized ecosystem in the world. And the next goal, after overtaking in the capitalization of Dogecoin, is the development of a decentralized exchange Shiba Swap.
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The team also plans to implement the idea of NFT tokens and create a new Bone coin.
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Forecasts
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Many experts believe that the project has not been created by chance. This was a big risk on the part of the founders, since they created a coin with Elon Musk’s dog.
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Would the project have succedded if Elon hadn't mentioned the meme token on his Twitter? Most likely not, so the creators did not lose.
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The team is now at the peak of its popularity, but Shiba Inu, like Dogecoin, will live as long as they are talked about or until Elon gets a cat.