Shiba Inu Lead Developer Shytoshi Kusama Got Asked Which Meme Coin To Buy Now, Here's What He Said Among Buzz For This Potent Rival
Portfolio Pulse from Benzinga Neuro
Shytoshi Kusama, a lead developer for Shiba Inu (CRYPTO: SHIB), responded cryptically to a question about which meme coin to invest in, amidst a significant rise in meme coin popularity. SHIB has seen a 180% increase in the past week, outperforming Dogecoin (CRYPTO: DOGE). Another notable mention is Dogwifhat (CRYPTO: WIF), a Solana-based coin, which has surged 335.5% this week and is labeled a 'Shiba Inu Killer'.
March 04, 2024 | 7:01 am
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NEUTRAL IMPACT
Dogecoin (DOGE) has been outperformed by Shiba Inu in the recent surge of meme coins, despite its own popularity.
Although DOGE has been outperformed by SHIB, it remains a significant meme coin. The lack of specific performance data in the article suggests a neutral short-term impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Shiba Inu (SHIB) has experienced a significant 180% increase in value over the past week, outperforming its rival Dogecoin.
The article highlights SHIB's substantial gain over the past week, indicating strong market performance and investor interest, likely leading to a positive short-term impact on its price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Solana (SOL) hosts Dogwifhat (WIF), a meme coin that surged 335.5% this week and is labeled as a 'Shiba Inu Killer'.
Dogwifhat's significant surge on the Solana platform could reflect positively on SOL's ecosystem, indicating a potential short-term positive impact on SOL's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80