Which might seem cruel or unjust, but as a direct competitor of Dogecoin, which was openly called a joke by its creator, it’s actually very accurate. While there are certainly proponents of the Shiba Inu coin, there are just as many who call the coin a joke. It hasn’t been yet, but can SHIB be the Dogecoin Killer? Image via Ryoshi Reserach blog. Which is very similar to the Dogecoin that it’s looking to surpass. While the founders of Shiba Inu call it a potential “Dogecoin Killer” based on its ability to surpass “the value of Dogecoin, exponentially, without ever crossing the $0.01 value”, there’s nothing under the hood to give the coin value. The real question though is what is the Shiba Inu project doing to deserve such a massive gain in price? I honestly don’t know of any other coin with that kind of return in under a year. The community is said to be more than 300,000 strong and while it may not be completely spontaneous, it is creating quite a stir in the cryptocurrency community.Īs of and even after dropping by roughly 50% of its all-time high, the SHIB token is up more than 1,200,000%. “decentralized spontaneous community building (…)” We don’t yet know the answer to that question, but Shiba Inu is an interesting experiment in, as founder Ryoshi says in the Woofpaper: Who is the pseudonymous Ryoshi? Image via RyoshiResearch blog. The photo soon appeared in a number of memes, with the now well-known truncated or broken English expressions. In the original photo Kabosu was looking at the camera with paws crossed and some suspicion in her manner. The original Doge meme was created from a photo of a Shiba Inu called Kabosu who lives in Japan. Another is the tendency for the Shiba to look like it is always smiling. Some have likened the Shiba Inu as the “cats of the dog world”, and this is one reason why they have become spectacularly popular on the internet. Shiba’s have also been characterized as stubborn dogs, but others say that “free-thinking” is the best way to characterize this breed. The breed is considered to be “spirited” by the Japanese, and this can make for a dog that is challenging to train. The Shiba Inu is a medium sized dog that was bred in Japan as a hunting dog for small game. Why is the Internet Obsessed with Shiba Inu? 1 Why is the Internet Obsessed with Shiba Inu?.
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