While the new generation of cryptocurrencies inspired by the breed of pet dogs continues Shiba Inoue / Shiba Inu ، In a major uptrend, currency related hype is unfolding Meme As a market phenomenon, it depends on influencers and is driven by society.
Trading volume Shiba Inu Dogecoin exceeds
The coin was rated Shiba Inu (SHIB) as the “Dogecoin Killer Dogecoin', where it has grown to become among the best 20 The largest cryptocurrency by market capitalization.
SHIB Some of its biggest trading volumes this week, which doubled by 1,008%, exceeding the world's largest trading volumes, for currency Dogecoin, as this rise coincided with the latest tweet by Elon Musk, about his new puppy of the breed Shiba Inoue, spread on Twitter.
Co-founder and CEO of Bursa commented panda house bitpanda، Eric Demuth ، About it by saying:
“Some of the new coins are driven by the hype around them, but, on the other hand, they do not introduce any new technology or solve any problems such as Bitcoin Bitcoin (BTC) or Ethereum Ethereum (ETH)“.
On the other hand, he indicated that:
"Currency Shiba Inoue With other currencies that may carry some importance, in that they represent the new movement of society in the field of finance.”
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