SHIBA INU
Shiba Inu ($SHIB ) is a meme coin that has seen a growth of 11430362.4% since its inception on Nov. 28, 2020, and continues to be a hope for thousands of holders. Also known as the $DOGE coin killer, Shiba Inu was developed by a person who goes by the name of âRyoshiâ.
While the #SHIB token has decreased in price, its popularity has only increased overtime. With countless groups on Facebook, millions of followers and tweets, and headlines in mainstream media every week, it can be said that Shiba Inu is still the crown prince of the #memecoin world.
### THE REASON BEHIND ITS POPULARITY
There can be multiple reasons, however, the biggest one is the number of supportive tweets from the owner of Tesla and SpaceX, Elon Musk, followed by the founder of $ETH Ethereum, Vitalik Buterin, as Shiba Inu gained massive popularity in the social media world and still creates headlines with even a small price change.
Another more simple reason behind the coinâs popularity may just be a superficial and aesthetic one. Aside from the humorous aspect of buying a meme coin, itâs possible that many people are just really into cute dogs. The Shiba Inu dog, and Shiba Inu meme, which borrows its likeness, is undoubtedly adorable, and conceivably one of the main reasons behind the push for buying Shiba Coin â maybe the popular dog breed is just so cute that itâs convinced millions of people around the world to look into how to buy #shib
