US Reporter

The ShibaDoge: A Tale of Unity Between Two of the Cryptocurrency World’s Biggest Rivals

It is quite difficult for the mind to conceive a potential alliance happening between two well-known rivals in the cryptocurrency world: Dogecoin and Shiba Inu. These are two meme coin powerhouses that dominated the industry for quite some time. While Dogecoin was the first-ever meme coin to emerge in 2017, it marked a legendary transformation that eventually led to its current $17 billion market cap and four million holders. Just like any thriving venture, an ambitious competitor was bound to arise. In August 2020, Shiba Inu made an impressive release, and it positioned itself as the biggest challenger to Dogecoin. What many thought would be a lifelong rivalry will no longer hold water as five visionary developers reimagined the potentials of both token communities coming together to positively impact people around the world. 

“My team and I, having seen the fight become vulgar and aggressive to the point where Dogecoin holders and Shiba Inu investors are absolute mortal enemies, have decided that we needed to figure out some way to bring the community back together. The power of these amazing communities coming together is significantly more valuable than two independent parties competing against each other for a winner takes all scenario,” shared Peter, one of the ShibaDoge developers. 

ShibaDoge’s developers are real-life friends who share the same interest and vision when it comes to adding value to the lives of millions of people all over the world through cryptocurrency. They’ve put their minds and expertise together to develop ShibaDoge, and it is reshaping the crypto world as most people know it. The mere idea of it is causing many conversations in the crypto space since no one thought that they would live to see Dogecoin and Shiba Inu come together. 

“I want to create something for the people. A place where the community is not interested in fighting, competing, or destroying each other, rather a community of people who see that we are all love and social beings coming together for a greater good,” Peter explained. “This is the formula for the growth and development of a human species. Whether this works or it doesn’t, it is merely an experiment in the idea of merging and blending two audiences together to showcase that love trumps all. We can create something bigger, and better. But only together.”

Both Dogecoin and Shiba Inu have made a tremendous impact on the lives of millions of people, including the ShibaDoge developers, who themselves are investors in both meme coins. ShibaDoge is uniquely designed to be a deflationary token whose supply decreases over time. It offers 5% reflections daily to its holders for simply holding on to their tokens. This means that holders are generating passive income daily. Apart from the passive income, holders can also get additional tokens for staking their non-fungible tokens (NFTs). 

The ShibaDoge NFTs will be part of an ever-expanding ecosystem that has already started with the Doge Army NFT, whose collection of 10,000 NFTs is already sold out. In the next couple of months, the ShibaDoge developers are aiming to launch yet another set of NFTs: Shib Army. This will feature another set of 10,000 NFTs. What makes these NFT collections extremely special is that they can be bred to bring about the ShibaDoge NFTs very soon. Additionally, ShibaDoge owners can stake their NFTs on the soon-to-be staking platform. This will translate another form of daily passive income in the form of ShibaDoge tokens. The staking platform is currently undergoing a Certik Audit. 

Peter and his co-developers could not have picked a better time to illustrate how unity and peace can be made possible between two warring ventures. All it takes is willing people to decide to come together for a cause that will improve the lives of those around them. The ShibaDoge team has created a formula that has proven to show great success, and millions of crypto enthusiasts are eager to see the impact ShibaDoge will continue to make in decentralized finance for the years to come.

Opinions expressed by US Reporter contributors are their own.