Shiba Inu Marketing Lead Lucie Jabs at WIF and PEPE, Highlights SHIB's DeFi Edge

Shiba Inu's marketing lead, Lucie, took a jibe at the emerging trend of comparisons between the top-tier canine meme coins.

Shiba Inu’s marketing lead, Lucie, poked fun at the recent trend of comparing top canine meme coins. In her X tweet on September 7, 2024, she stated, “I’ll laugh and think you’re foolish if you compare any token to SHIB with only the bare minimum achieved.”

SHIB’s Secret Weapon Against Meme Coin Peers

Highlighting that the Shiba Inu community is not lagging behind other major-cap canine cryptos like Dogwifhat (WIF) or Dogecoin (DOGE), Lucie pointed out Shiba Inu's deep DeFi ecosystem as the main advantage over WIF or PEPE, which are catering more to speculative crypto traders.

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Lucie is referring to the common misconception that WIF and Pepe’s recent success is due to sharing the same audience as SHIB. Nonetheless, WIF and PEPE are widely regarded as serious competitors to Shiba Inu coin and DOGE.

Yes, I’ll laugh and think you’re foolish if you compare any token to SHIB with only the bare minimum achieved.And yes, I believe you’re deceiving people by claiming a token is a success just because of “SHIB people behind it.”If you’re looking for real assets tied to SHIB,… pic.twitter.com/PwVVGAMFTx

This March, Shiba Inu coin came close to matching Dogecoin in crypto’s world rankings, reaching a massive $21.7B at the peak of the cycle. Both of these vibrant communities are tied at 3.5M followers on X.

DailyCoin observed that Shiba Inu and Dogwifhat have retraced over 70% since their spring peak. Meanwhile, Dogecoin was less volatile with a 57% drop during the same period but also didn’t rally as much during the meme coin mania in March 2024.

Top Dog Meme Coins Battle for Supremacy

WIF is a relative newcomer, first tracked by the major independent price aggregator CoinGecko on December 13, 2023. Capped at 998,926,392, Solana's dog emerged as the successor to BONK. These Shiba Inu-inspired coins were central to Solana's thriving ecosystem, which rebounded from single digits in SOL's price in late 2022.

WIF soared to reach $4.83 on March 31, 2024. Nearing $5, this meme coin’s unusually high price sparked crypto enthusiasts' interest. As a result, WIF became a highly sought-after token in the derivatives markets, usually crossing the $1 billion mark in 24-hour trades.

TOP-15 COINS BY TRENDING SEARCH ON @BINANCE!$ETH $BTC $BNB $DOGS $SOL $TON $WIF $PEPE $ATOM $SUI $SHIB $STRK $ARB $NEAR $SUN pic.twitter.com/CPPwJ8vcFz

On the social front, WIF, PEPE, and SHIB all entered the top 15 most-searched cryptocurrencies on Binance. However, the social statistics from the largest crypto exchange by volume suggested a lack of interest in Dogecoin, as newer and more speculative counterparts took a significant chunk of the market.

On the Flipside

Why This Matters

Meme currencies have driven the strongest narrative in crypto in Q1 of 2024, surpassing other promising niches like Artificial Intelligence (AI) and Real World Asset (RWA) tokenization.

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