In one of the surveys conducted by CoinGecko, meme coin communities appeared. The market’s biggest meme coin, Dogecoin (DOGE), has been outnumbered by a clown.
Meme coin communities competed in the Coinecko survey
CoinGecko, one of the reliable crypto data tracking sites, conducted a survey on its official Twitter pages and asked users which is the better project. Two of the most popular meme coin projects featured in the survey were Shiba Inu (SHIB) and Dogecoin (DOGE).
Dogecoin and Shiba Inu, you've probably heard of them.
These memecoins have built massive interest and formed communities around the projects. But which is the better project? @dogecoin @ShibainuCoin 🐕🐕
Battle of the doggos 📺: https://t.co/A9oawPzVOt pic.twitter.com/JS0Wl5Ub5k
— CoinGecko (@coingecko) May 23, 2022
Shiba Inu, 84.8% preferred lion got his share. The total number of votes on the result was 8,891. Dogecoin received only 15.2% of the votes.
Shiba Inu and Dogecoin news
Mainstream adoption of dog-themed cryptocurrencies is on the rise. As we have covered in Kriptokoin.com news, many companies and firms have recently accepted SHIB as a form of payment. Cardinale Automotive Group, MotoRenn, Tag Heuer and Gafisa are some of the companies that have started accepting SHIB as a form of payment.
In addition, a new cross between Lavu, a leading global restaurant software and payment solution provider, and Verifone, a global FinTech leader and payment solution provider distribution partnership also made it possible to accept Shiba Inu as payment at 65 thousand restaurants.
Additionally, Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, pointed to a possible partnership with Red Bull, the most popular energy drink brand, in the near future.
SHIB burn operations continue unabated
Apart from that, the Shib metaverse, NFTs, ShibaSwap and Shibarium team up to compete with the world’s top cryptocurrencies. showing his commitment. In addition, SHIB also monitors burn sessions. The burning of Shiba Inu is accelerating with each passing day.
In the past hour, there have been a total of 2,004,576 $SHIB tokens burned and 2 transactions. #shibarmy
— Shibburn (@shibburn) May 24, 2022
Recently, 603,240 by the community, with 69 separate transactions in the last 24 hours .815 (603.24 million) Shiba Inu were burned. Despite all the above improvements, the price of the Shiba Inu continued to fall. SHIB has yet to see the results of their collaboration, and the adoption is reflected in its price, which has yet to see its better side. On the other hand, Dogecoin and his team do nothing but enjoy the support of Elon Musk.
