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Shiba Inu Overtakes Dogecoin in the Number of Twitter Followers

August 15, 2022
in Altcoins
Reading Time: 2 mins read
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Dogecoin was all the rage during the first half of 2021, but the meme token got sidelined by its rival Shiba Inu which took center stage during the second half of the year. Dogecoin’s hype fizzled out after its price remained stagnant for months and comparatively SHIB delivered better performance in the indices. Therefore, Shiba Inu’s popularity grew by leaps and bounds and brought in another batch of new investors into the market.

Fast-forward to a year later now, Shiba Inu outgrew Dogecoin in terms of Twitter followers. Dogecoin had rock-solid followers of 3.1 million on Twitter, Shiba Inu beat Doge by surpassing its number of holders. While Dogecoin has 3,439,746 followers, Shiba Inu now has 3,441,762 followers. SHIB has 2,220 more Twitter followers than Dogecoin currently.

Read More: Shiba Inu’s Bone Doubles in Price: Breaches $1 From $0.50 in 30 Days

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Dogecoin joined Twitter in December 2013 and Shiba Inu joined the social media platform in February 2021.

JUST IN: Shiba Inu $SHIB has reclaimed a $10 billion market cap.

— Watcher.Guru (@WatcherGuru) August 14, 2022

SHIB stayed true to its tagline of the ‘Dogecoin killer’ by bypassing everything that Doge stood for. Last year, SHIB had also briefly crossed Doge’s market cap and knocked it out of the top 10 cryptos list. However, Doge reclaimed its place and is now the 10th biggest crypto while SHIB stands at the 12th position.

Read More: An $8,000 Shiba Inu Investment Amassed $5.7 Billion in 400 Days

Shiba Inu & Dogecoin Developments

Both Doge and SHIB are being widely accepted as legal payments around the world by several businesses. AMC Theatres announced last month that they’re accepting both the cryptos for ticket bookings on their website.

Read More: Shiba Inu Trading Volume Spikes 500%, Burn Rate Jumps 250% in 24 Hours

The cryptos are receiving adaptation and many more retailers are expected to join the bandwagon in the coming years.

At press time, Dogecoin was trading at $0.08 and is up +7.7% in the 24-hours day trade. On the other hand, Shiba Inu was trading at $0.00001633 and is up +26.8% in the days trade.


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