Shiba Inu

Out of all the other new and emerging meme coins in the market, Shiba Inu is the first to live up to the “Doge killer” title. Dubbing a cryptocurrency asset the killer of another is a common practice in the cryptocurrency ecosystem. It is often used to refer to assets that the market considers to be more promising than an already existing one. Meme-coins like SafeMoon, Floki Inu have all been branded the Doge killer. But as it appears, Shiba Inu is the only meme coin that poses a threat to Dogecoin .

The coming months will be interesting for the meme coin market. For Shiba Inu, failure to maintain momentum at its current pace may lead to a dip in price value. On the other hand, maintaining stability at the new price levels will create more upside for the asset.