CandleFocus Shiba Inu Team Says SHIB is Only ERC-20 Token in Top 10, Loyal to Ethereum Since Day One
2024-11-04
Author: Content Editor
The developer Kaal Dhairya has claimed that Shiba Inu (SHIB) is the top-ranked ERC-20 token on the Ethereum blockchain in terms of market capitalization, excluding stablecoins. This statement came in response to Ethereum co-founder Vitalik Buterin's comment that Dogecoin (DOGE) deserves to be the second-largest cryptocurrency after Bitcoin. Dhairya argued that Shiba Inu has remained loyal to Ethereum since its launch and has brought significant value to the blockchain. Shiba Inu's lead developer, Shytoshi Kusama, has requested to showcase the token's potential to Buterin in a 10-minute pitch. The Shiba Inu community has rallied behind this request, with some members claiming that SHIB is the best-performing asset in the world. Kusama previously stated that SHIB has outperformed Bitcoin by 6,600% in terms of growth. Since its launch in August 2020, Shiba Inu has experienced significant price surges, although it is currently trading below its all-time high.
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