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I am bullish for all crypto because all paper money lost value since it was created google it or look on trading view... Therefore all crypto started in pennies or under a penny and will increase in value forever... Long term baby stack those Doge coins...
With virtual life increasingly indistinguishable from everyday reality, it makes sense: Just as the price of dog-inspired cryptocurrencies Dogecoin and Shiba Inu coin have exploded, so has demand for—what else?—living, breathing shiba inus.
While Dogecoin, the cryptocurrency created from a meme back in 2013 using the image of a shiba inu, enjoyed a burst of popularity this summer, it was recently overtaken in market value by the slightly less creatively named Shiba Inu coin. In classic crypto style, it sounds like a joke but is immensely valuable, with investors pushing up its price almost 800% in the past month, even though a coin still costs a tiny fraction of a cent.
At the same time, shiba inu breeders across the U.S. say they’re seeing more business than ever since cryptocurrency trading brought the Japanese hunting dogs into the limelight.
relates to Shiba Inu Coin Craze Is Driving Demand for—What Else?—Shiba Inu Puppies
A shiba inu.PHOTO: GETTY IMAGES
Credit Elon Musk, crypto godfather and the richest man in the world, for some of that rocket-ship-emoji action. His recent tweets of his new shiba inu puppy, Floki, ignited speculation that he’d invested in Shiba Inu coin himself, sending its price rallying and even sparking the creation of more dog coins with the name “Floki” involved. Robinhood users are calling on the brokerage to list Shiba Inu coin—it already allows trading in Bitcoin, Ethereum, Dogecoin, and Litecoin—a petition to that effect has more than 450,000 signatures.
Seth Johnson, who works in IT in northern Mississippi, is one of the proud new owners of a shiba inu, purchased in June with $2,500 in U.S. dollars. (His breeder did not accept crypto.) He didn’t know much about the dogs until Dogecoin took off, and the more recent hype over Shiba Inu coin only heightened his interest. Johnson is a big believer in an obscure coin called EverRise, which became the name of his new pet.
Even with so much of our daily lives taking place in online worlds, it’s still unsettling to see the physical manifestation of a digital trend. Whenever I take my one-year-old cocker spaniel, Riley, to a dog park in New York City, there’s always at least one shiba inu there, alongside the dozens of other puppies purchased during the lonely days of lockdowns. Crypto is in everything from music to fashion to fast food; it’s now also barking at me.
For those who had shiba inus even before the meme coin madness, the newfound attention is profoundly strange. “People will ask to take a picture with her,” says Allyson Kazmucha, about her shiba inu, Kaya. “They’ll say, ‘Is that the Doge dog?’” Kazmucha, an engineering programs manager in San Jose, got her dog in 2012 before Dogecoin was created. “They seemed to be the perfect size and not super clingy or high maintenance,” she says. “I definitely didn’t realize that crypto would be a thing when we got her.” Eventually the meme became so inescapable that she decided to buy some Shiba Inu coin herself. “It felt very on-brand,” she says.
The collision of the crypto and canine worlds is confounding small breeders. Inquiries have more than tripled at Rodel Shibas in Aspers, Pa., says co-owner Sandra Rolenaitis. “You’ve got Elon saying he got a shiba inu, and then it snowballs.” She now receives about 150 to 200 applications a month for her dogs. Rolenaitis says it’s impossible to keep up with responses, let alone provide a dog to everyone interested (the average shiba inu litter is three puppies). Adding to the workload is that many people don’t have a clue about the breed’s personality. Rolenaitis describes them as “the closest to a wolf you can get, like a 125-pound dog in a 25-pound package.”
“Sometimes I’ll get a family that just wants them because they’re popular,” says Stephanie Abel of Tintown Shibas, a breeder in Dover, Ohio. “So I have to go through and tell them all the bad stuff about the dogs, and when I tell them all the bad stuff, they run away.”
Ali Smith, founder of Rebarkable, a dog training company in Westminster, Md. describes them as more like cats than dogs. “Their instincts are quite close to the surface, and they can be difficult to train because they are quite aloof,” she says. Are there parallels to the crypto world here? The people behind counterculture meme coins bill themselves as an alternative to traditional finance and have the determination to move prices up using sheer willpower.
I am bullish for all crypto because all paper money lost value since it was created google it or look on trading view... Therefore all crypto started in pennies or under a penny and will increase in value forever... Long term baby stack those Doge coins...
With virtual life increasingly indistinguishable from everyday reality, it makes sense: Just as the price of dog-inspired cryptocurrencies Dogecoin and Shiba Inu coin have exploded, so has demand for—what else?—living, breathing shiba inus.
While Dogecoin, the cryptocurrency created from a meme back in 2013 using the image of a shiba inu, enjoyed a burst of popularity this summer, it was recently overtaken in market value by the slightly less creatively named Shiba Inu coin. In classic crypto style, it sounds like a joke but is immensely valuable, with investors pushing up its price almost 800% in the past month, even though a coin still costs a tiny fraction of a cent.
At the same time, shiba inu breeders across the U.S. say they’re seeing more business than ever since cryptocurrency trading brought the Japanese hunting dogs into the limelight.
relates to Shiba Inu Coin Craze Is Driving Demand for—What Else?—Shiba Inu Puppies
A shiba inu.PHOTO: GETTY IMAGES
Credit Elon Musk, crypto godfather and the richest man in the world, for some of that rocket-ship-emoji action. His recent tweets of his new shiba inu puppy, Floki, ignited speculation that he’d invested in Shiba Inu coin himself, sending its price rallying and even sparking the creation of more dog coins with the name “Floki” involved. Robinhood users are calling on the brokerage to list Shiba Inu coin—it already allows trading in Bitcoin, Ethereum, Dogecoin, and Litecoin—a petition to that effect has more than 450,000 signatures.
Seth Johnson, who works in IT in northern Mississippi, is one of the proud new owners of a shiba inu, purchased in June with $2,500 in U.S. dollars. (His breeder did not accept crypto.) He didn’t know much about the dogs until Dogecoin took off, and the more recent hype over Shiba Inu coin only heightened his interest. Johnson is a big believer in an obscure coin called EverRise, which became the name of his new pet.
Even with so much of our daily lives taking place in online worlds, it’s still unsettling to see the physical manifestation of a digital trend. Whenever I take my one-year-old cocker spaniel, Riley, to a dog park in New York City, there’s always at least one shiba inu there, alongside the dozens of other puppies purchased during the lonely days of lockdowns. Crypto is in everything from music to fashion to fast food; it’s now also barking at me.
For those who had shiba inus even before the meme coin madness, the newfound attention is profoundly strange. “People will ask to take a picture with her,” says Allyson Kazmucha, about her shiba inu, Kaya. “They’ll say, ‘Is that the Doge dog?’” Kazmucha, an engineering programs manager in San Jose, got her dog in 2012 before Dogecoin was created. “They seemed to be the perfect size and not super clingy or high maintenance,” she says. “I definitely didn’t realize that crypto would be a thing when we got her.” Eventually the meme became so inescapable that she decided to buy some Shiba Inu coin herself. “It felt very on-brand,” she says.
The collision of the crypto and canine worlds is confounding small breeders. Inquiries have more than tripled at Rodel Shibas in Aspers, Pa., says co-owner Sandra Rolenaitis. “You’ve got Elon saying he got a shiba inu, and then it snowballs.” She now receives about 150 to 200 applications a month for her dogs. Rolenaitis says it’s impossible to keep up with responses, let alone provide a dog to everyone interested (the average shiba inu litter is three puppies). Adding to the workload is that many people don’t have a clue about the breed’s personality. Rolenaitis describes them as “the closest to a wolf you can get, like a 125-pound dog in a 25-pound package.”
“Sometimes I’ll get a family that just wants them because they’re popular,” says Stephanie Abel of Tintown Shibas, a breeder in Dover, Ohio. “So I have to go through and tell them all the bad stuff about the dogs, and when I tell them all the bad stuff, they run away.”
Ali Smith, founder of Rebarkable, a dog training company in Westminster, Md. describes them as more like cats than dogs. “Their instincts are quite close to the surface, and they can be difficult to train because they are quite aloof,” she says. Are there parallels to the crypto world here? The people behind counterculture meme coins bill themselves as an alternative to traditional finance and have the determination to move prices up using sheer willpower.