DOGE (Big Dog) was created in 2013 as a fun alternative to traditional Cryptocurrency, with its symbol being a Shib meme. Unlike BTC, DOGE is designed to be plentiful, with no limit and the creation of 10,000 new coins every minute. Initially considered a "memecoin", its value skyrocketed in 2021, with a Market Cap exceeding $50 billion, ranking it among the top ten Cryptocurrencies. This rise was driven by social media influence, particularly from Musk, amid a surge in the wider crypto market. DOGE was jokingly created by Billy Markus and Jackson Palmer, and its unexpected popularity highlights the influence of communities and social media on financial trends.
Shib Coin: An ETH-based meme token with practicality that keeps rising Shib (SHIB) is a memecoin cryptocurrency inspired by Dogecoin. It operates on the Ethereum blockchain and can be integrated with various applications in the Ethereum network. SHIB was launched in August 2020 by the anonymous developer Ryoshi, with an initial supply of one trillion tokens. A large portion was sent to the co-founder of Ethereum, Vitalik Buterin, who donated and burned a large number of tokens, affecting the visibility of SHIB. Unlike Dogecoin, SHIB plans to expand its utility through projects such as ShibaSwap (a decentralized exchange) and future NFT platforms and decentralized governance platforms, indicating that its usability may not just be as a memecoin.
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DOGE (Big Dog) was created in 2013 as a fun alternative to traditional Cryptocurrency, with its symbol being a Shib meme. Unlike BTC, DOGE is designed to be plentiful, with no limit and the creation of 10,000 new coins every minute. Initially considered a "memecoin", its value skyrocketed in 2021, with a Market Cap exceeding $50 billion, ranking it among the top ten Cryptocurrencies. This rise was driven by social media influence, particularly from Musk, amid a surge in the wider crypto market. DOGE was jokingly created by Billy Markus and Jackson Palmer, and its unexpected popularity highlights the influence of communities and social media on financial trends.
Shib Coin: An ETH-based meme token with practicality that keeps rising
Shib (SHIB) is a memecoin cryptocurrency inspired by Dogecoin. It operates on the Ethereum blockchain and can be integrated with various applications in the Ethereum network. SHIB was launched in August 2020 by the anonymous developer Ryoshi, with an initial supply of one trillion tokens. A large portion was sent to the co-founder of Ethereum, Vitalik Buterin, who donated and burned a large number of tokens, affecting the visibility of SHIB. Unlike Dogecoin, SHIB plans to expand its utility through projects such as ShibaSwap (a decentralized exchange) and future NFT platforms and decentralized governance platforms, indicating that its usability may not just be as a memecoin.