Shiba Inu Lead Developer Shares Insights on Dogecoin vs. SHIB
The post Shiba Inu Lead Developer Shares Insights on Dogecoin vs. SHIB appeared on BitcoinEthereumNews.com.
Shiba Inu aims to overtake Dogecoin in the memecoin market, with lead developer Shytoshi Kusama highlighting the Web3 game “Shiba Eternity” as a key factor driving SHIB’s growth in GameFi. Shiba Eternity recently completed its beta launch, allowing dedicated SHIB community members early access by staking LEASH tokens. Shiba Inu (SHIB), the world’s second-largest memecoin, is now eyeing a top spot with plans to topple its arch-rival Dogecoin. Over the past years, Dogecoin has always dominated the memecoin market; however, Shiba Inu lead developer Shytoshi Kusama said that SHIB has an edge moving ahead. In one of his recent posts on the X platform, Kusama noted that Shiba Inu’s Web3 game Shiba Eternity will be a major game-changer, turning around SHIB’s fortunes. Shytoshi Kusama’s comments came in response to the post by Jordan, the CEO of the Dogecoin wallet MyDoge, who stated that gaming on the Dogecoin network is imminent. **Laughs in Shiba Eternity** https://t.co/LVRpCAhIrH — Shytoshi Kusama™ (@ShytoshiKusama) August 9, 2024 The recent comments from Kusama on the Shiba Inu game showed how SHIB is ahead of Dogecoin when it comes to Game Finance (GameFi). The game, Shiba Eternity, has gained huge traction with the players earning several exciting in-game rewards. However, Shiba Inu has yet to make it clear whether these rewards will be converted into SHIB tokens in the future. Earlier this month, the Shiba Eternity completed its beta launch, with the initial access available to the most dedicated SHIB community members, reported CNF. “To gain access, players must stake LEASH tokens through Shibaswap. This requirement not only serves as an entry gate into the game but also reinforces community bonds among the “ShibArmy elite,” noted Shiba Inu. Shiba Inu Ecosystem Launches SHIB Torch The Shiba Inu ecosystem announced the launch of the community-driven burn portal ShibTorch…
Filed under: News - @ August 19, 2024 12:21 pm