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There’s a new dog in town. If you’ve kept even half an eye on the crypto market this past week, you will likely have seen mentions of the Shiba Inu token, or SHIB token. Those familiar with memecoins will already be intimately familiar with Dogecoin, which rose from a mere prank started in 2013 to its current position as becoming one of the cryptocurrencies with the largest market cap. Although the SHIB token could seem similar to Dogecoin at first glance, SHIB is actually branding itself as a “Dogecoin killer”. Read on and learn all about the SHIB, LEASH, and BONE token!
Those keeping an eye on the altcoin markets will know that the internet has been abuzz with Dogecoin lately. So, what is all the fuss about? Dogecoin originally started out as a satirical commentary on the rapidly growing altcoin sector, all the way back in 2013. However, the concept of fast payments with a fun and friendly community based around a popular Shiba Inu "doge" meme actually caught on and garnered a following. And now, approximately seven years later, what started as a joke coin has pumped roughly 600% just in the last week! Who would have predicted that?